RVN – Raven Coin Daily Analysis

March 8, 2025 RVN – Raven Coin Daily Analysis RVN – Raven Coin Daily Analysis

March 8, 2025 RVN/USDT RVN - Raven Coin Daily Analysis
RVN – Raven Coin Daily Analysis

Outlook

RVN current price is 0.01263 USDT and the current market cap is 1.410.005 USDT. This chart period started 210 days ago (11 August 2024) with a total of 98 days closing above the opening price and 111 days closing below the opening price. The lowest price was 0.01155 USDT on 04 March 2025, and the highest price was 0.03586 USDT on 04 December 2024. The current price is 9.35% above the lowest price and 64.78% below the highest price.

Moving Average

Moving Averages (Closing Prices):5-Day Moving Average: 0.01275222-Day Moving Average: 0.013732727350-Day Moving Average: 0.015393100-Day Moving Average: 0.0197388250-Day Moving Average: 0.0186568500-Day Moving Average: 0.02169574

Moving Average Analysis

The current price is %0.96 lower than the 5-Day moving average and has been below it for 3 days.The current price is %8.03 lower than the 22-Day moving average and has been below it for 6 days.The current price is %17.95 lower than the 50-Day moving average and has been below it for 33 days.The current price is %36.01 lower than the 100-Day moving average and has been below it for 49 days.The current price is %32.30 lower than the 250-Day moving average and has been below it for 44 days.The current price is %41.79 lower than the 500-Day moving average and has been below it for 50 days.

Trends

The longest uptrend in the 210 day period is 9 days. It started at 0.01486 USDT on 15 August 2024 and ended by increasing by 30.55% to 0.0194 USDT on 24 August 2024.The longest downtrend is 8 days. It started at 0.0194 USDT on 24 August 2024 and ended by decreasing -20.46% to 0.01543 USDT on 01 September 2024.

Support & Resistance

This review was made for the last 7 daysLast 7 days support levels: Support: 0.01234 USDT on 03-03-2025 Support: 0.01155 USDT on 04-03-2025 Support: 0.01213 USDT on 07-03-2025Last 7 days resistance levels: Resistance: 0.01493 USDT on 03-03-2025 Resistance: 0.01322 USDT on 05-03-2025 Resistance: 0.01345 USDT on 06-03-2025The lowest support level is 0.01155 USDT on 04-03-2025, and the highest resistance level is 0.01493 USDT on 03-03-2025. The percentage difference between these levels is approximately 29.3%.

Volume

The previous trading day’s volume (07-03-2025) 125,163,658.90 USDT. Highest volume in the last 210 days is 1,246,494,491.30 USDT on 03-12-2024. Lowest volume in the last 210 days is 6,925,002.70 USDT on 08-03-2025. Difference between highest and lowest volume is 17899.91%.

Volume Moving Averages

( Excluding Today)
5-day Moving Average Volume: 128,598,352.82 USDT22-day Moving Average Volume: 110,242,697.32 USDT50-day Moving Average Volume: 131,854,920.94 USDT100-day Moving Average Volume: 169,778,033.10 USDT250-day Moving Average Volume: 133,486,411.05 USDT

Volume Moving Averages Comparison

Volume of the previous trading day: 125,163,658.90 USDT
Previous day’s volume is 2.67% lower than the 5-day moving average.Previous day’s volume is 13.53% higher than the 22-day moving average.Previous day’s volume is 5.07% lower than the 50-day moving average.Previous day’s volume is 26.28% lower than the 100-day moving average.Previous day’s volume is 6.23% lower than the 250-day moving average.

Percentage Differences Between Moving Averages:

5-day moving average is 16.65% higher than the 22-day moving average.22-day moving average is -16.39% lower than the 50-day moving average.50-day moving average is -22.34% lower than the 100-day moving average.100-day moving average is 27.19% higher than the 250-day moving average.

Volume Trend

The longest consecutive volume increase started on 09-10-2024 with a volume of 40,606,513.70 USDT and ended on 13-10-2024 with a volume of 133,703,299.90 USDT, lasting for 4 days and representing a 229.27% increase.The longest consecutive volume decrease started on 28-10-2024 with a volume of 137,760,506.40 USDT and ended on 02-11-2024 with a volume of 33,918,499.60 USDT, lasting for 5 days and representing a 75.38% decrease.

Price Volume Coorelation

During the longest volume increasing period price increase from 0.01615 USDT to 0.01664 USDT, which represents a 3.03% change.During the longest volume decreasing period price decrease from 0.0171 USDT to 0.01644 USDT, which represents a -3.86% change.

Strategy

Under sales pressure, we should observe where the decline will end and then reassess. Currently, we do not recommend opening a ‘long’ position.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.

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