๐ Current Technical Overview $RVN , currently i'm holding
quite small in value. (118 RVN)
Price: $0.01266
Trend: Bearish (lower highs and lower lows after a sharp peak in early June).
Moving Averages:
MA7 (yellow): 0.01276 โ Above the price (short-term resistance).
MA25 (pink): 0.01284 โ Also above the price.
MA99 (blue): 0.01378 โ Significantly above the price (long-term resistance).
Volume: Low, around 4M โ showing weak buying interest currently.
๐ Recent Price Behavior
RVN had a strong spike in early June, peaking near $0.025.
Itโs been steadily declining since then with no major reversal signs.
Price is consolidating around $0.0126, which could act as a short-term support.
๐ Prediction (Short-Term: Next 1โ2 Weeks)
Likely to remain sideways or drop slightly unless there's a volume surge or marketwide altcoin rally.
If it drops below $0.012, it may test the $0.010 support.
A break above $0.013 could start a recovery toward $0.015, but indicators are not bullish yet.
๐ Recommendation (Based on 118 RVN Holdings)
RVN holding โ $1.49 USD (118 ร 0.01266) โ quite small in value.
โ If you're just holding in Earn wallet:
Since itโs earning passive rewards, it's fine to keep holding unless:
You need to rotate funds into better-performing assets.
Or you're expecting a deeper drop.
โ If expecting quick gains:
There are no clear bullish signals now.
You might consider switching to more active coins if short-term ROI is your goal.
#DayTradingStrategy #HODLTradingStrategy #BreakoutTradingStrategy
