InvestorsObserver gives Ravencoin Classic a weak short-term technical score of 4 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. RVC has currently traded better than 4% of coins based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.
RVC has a low market cap compared to the majority of coins with a total market value of $158,399.10. Ravencoin Classic's relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Ravencoin Classic's average volume is low as $110,083.33 worth of the coin is typically traded over a 24 hour period. RVC's volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the past 24 hours RVC's volume is below its average with $16,072.40 exchanged.
What do the Short-Term Technicals Predict for Ravencoin Classic (RVC) Thursday?
InvestorsObserver is giving Ravencoin Classic a 4 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Ravencoin Classic!