Ravencoin (RVN) gets a bullish rating from InvestorsObserver Thursday. The Distributed Software Platform asset is down 19.08% to $0.05843493951 while the broader crypto market is down 2.16%.
Ravencoin has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Ravencoin!
Bullish
Over the last five days, Ravencoin has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Ravencoin over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Price Levels
Ravencoin is currently trading near its midpoint for the past five-days. The Distributed Software Platform asset is 22.39% off its five-day high and is 60.18% higher than its five-day low of $0.0364812538027763.Ravencoin price is currently below support. With support set around $0.0631473434700448 and resistance at $0.078284863157459, Ravencoin is potentially in volatile territory as selling pushes the crypto's price below recent support.
Ravencoin has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.
What is a coin?
A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.Due to a lack of data, this crypto may be less suitable for some investors.
Click here to unlock the rest of the report on Ravencoin
