Ravencoin (RVN) Price Prediction : Will Ravencoin Hit $0.4 Soon?

Ravencoin (RVN) Price Prediction 2022: Is $0.4 EOY Price Possible?
  • Bullish RVN price prediction 2022 is $.07
  • Skyrocketing price potential of Ravencoin is $ .4

Important: This Ravencoin (RVN) price prediction 2022 is purely based on the writer’s knowledge in technical analysis alone. Price analysis articles of other platforms may use different technical analysis signals and indicators that may influence their RVN price forecast outcome differently. Hence, we strongly suggest doing your own research before buying RVN.

Ravencoin is one of the most aggressive cryptocurrencies in the market. In Feb 2020, the crypto reached the ATH price of $.28. Through this, RVN has been one of the mainstream cryptos regarding peer-to-peer blockchain transactions.

Can Ravencoin reach $0.20 in 2022? We will find out shortly. But before we proceed to our Ravencoin price prediction, let us know first “What is RavenCoin?” in this RVN price prediction 2022 article.

What is RavenCoin?

Ravencoin is a cryptocurrency network that uses blockchain technology. It is a protocol based on a fork of the Bitcoin code. Through this technology,  Raven tokens can be issued on the Ravencoin blockchain. Furthermore, these tokens can have whatever properties the issuer of the token decides. They can be limited in quantity and name and issued as securities or collectibles. 

Now that we have an overview of Ravencoin, let us take a look at its market standing.

Ravencoin (RVN) Overview (At the time of writing)

CryptocurrencyRavencoin (RVN)
TokenRVN
Price$0.025638
Market Capitalization$291,314,159
Total Supply11,380,577,100
Trading Volume$14,618,430
All-Time High$0.285218
All-Time Low$0.008932

Ravencoin Price Prediction 2022

Source: TradingView

The Relative Strength Index (RSI) of the crypto points at level 52.56, a neutral state. This means the crypto is neither oversold nor overbought. In other words, traders can buy, sell, and trade crypto without fearing any major price reversal. Furthermore, if RVN can sustain this uptrend position, RVN may reach the RSI level of 60 to 64, a level that may push RVN to smash the high price of $.04 to $.07.

Source: TradingView

Furthermore, it is recorded in history that RVN created a huge price pump last year, up to +1823.52%. If RVN can do this colossal price super charge once again, there is a possibility that its price may touch $.46. If it does, the whole community of RVNs worldwide will jump for joy. However, this price forecast is still subject to the approval of the bullish market.  

Other Market Prediction for Ravencoin in 2022

Digitalcoin

Digitalcoin is one of the trusted names in the crypto world, as the firm claims. This is because it has already established accurate crypto analysis and the latest news stories over time. For this reason, the 2022 forecast of Digitalcoin for RVN amounts to $0.035.

Wallet Investor

By using their latest technical analysis, the platform updates its network prices and predictions every three minutes. For this reason, the 1-year forecast of Wallet Investor for RVN amounts to $.038. 

Market Prediction for RVN Price 2023, 2024, 2025, and 2026

RVN price prediction 2023 is up to $.040 (estimated)

RVN price prediction 2024 is up to $.043 (estimated)

RVN price prediction 2025 is up to $.056 (estimated)

RVN price prediction 2026 is up to $.052 (estimated)

Conclusion

RVN continues to gain popularity among traders and investors in the crypto space. Therefore, the conclusion for the RVN price prediction in 2022 amounts to $.07. However, this forecast still depends on how the market will treat RVN in the future.

FAQ

Is RVN a good investment?

RVN is one of the leading peer-to-peer token networks in the crypto space nowadays. Through this, we can say that RVN has the potential to be a good investment in the next months of the year.

Will RVN prices go up?

The price status of RVN depends on many different factors, one of which is the current market situation. If RVN is able to invite more traders and stakers to the platform, there is a big chance that the price of RVN will go higher.

Why is RVN going down?

The crypto market is very unpredictable due to volatility. Any crypto in the space cannot evade these wild market swings of the market. One factor to consider is the massive dumping of tokens made by the whales in the RVN network, an event that is very uncontrollable.

How to buy RVN?

The RVN crypto is one of the most iconic projects in the space. The Binance exchange is one of the famous crypto exchanges supporting RVN crypto.

Is RVN Crypto?

Yes, RVN is a crypto that uses blockchain technology.

Disclaimer: The views and opinions in this article belong to the writer alone and they do not necessarily reflect the position of CryptoNewsLand (CNL). No information in this article, whether expressed or implied, should be taken as financial advice. Remember that investing in cryptocurrency poses significant risks to your asset. Hence, CNL strongly recommends all readers perform their own in-depth research before investing in cryptocurrency.

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José is a crypto enthusiast who trades crypto night and day. He loves to share his trading stories and experiences in all his published articles. José likes to hang out and travel to meet new friends. Enjoys sushi, vodka, and tequila.