This Ravencoin (RVN) price prediction article for 2021 is based only on technical analysis. Below you will see the key indicators that we consider when conducting RVN price analysis and forecasting.
This Ravencoin price prediction 2021 article is based only on technical analysis. Below you will see the key indicators that we consider when conducting RVN price analysis and forecasting. Among the cryptocurrencies recovering this year, Ravencoin may be the most surprising one.
It has no direct connection with Bitcoin, nor is it the most hyped cryptocurrency today, but for those familiar with the matter, RavenCoin has been around since 2017. It recently made headlines after reaching nearly $0.285 on February 20, 2021. 2021? We will know soon.
But before we continue our pricing analysis of the Origin Agreement, let us first answer the question “What is RavenCoin?”. In this RVN 2021 forecast article, what is Ravencoin (RVN)? Ravencoin is a peer-to-peer (P2P) digital platform that focuses on implementing specific blockchains for use cases.
In addition, it was developed to handle specific functions, namely the transfer of assets from one party to another. More importantly, it was developed on the Bitcoin code fork. Now that we have an idea about RVN, do you think RVN will become a profitable cryptocurrency in 2021?
Join me and let us take a look at the charts in this RVN price analysis and RVN price prediction. Current RVN market conditions At the time of writing this Ravencoin price analysis, the transaction price of RVN was US$0.061 and the 24-hour trading volume was US$23,923,493.
The price of RVN has fallen by 9.17% in the past 24 hours. In addition, the current circulating supply of RVN is 9.03B. RVN At present, the main cryptocurrency exchanges of RVN are Binance, Huobi Global, OKEx, ZG.com and HitBTC. Ravencoin historical price analysis Ravencoin was launched after the cryptocurrency boom in 2017, and its price has been almost stable since its launch.
When launched on January 3, 2018, Ravencoin opened at $0.0264990 and reached a high of $0.0287720, while its low was $0.0260630. At the close of the day, the price of Ravencoin was $0.0286180.
One year later, on January 3, 2019, Ravencoin’s transaction price was 0.0139199 US dollars, the highest price was 0.0139285 US dollars, the lowest was 0.0131056 US dollars, and finally closed at 0.0131151 US dollars, with a market value of 33,026,641.98 US dollars.
One year later, on January 3, 2019, the transaction price of Ravencoin was 0.0139199 U.S. dollars, the highest price was 0.0139285 U.S. dollars, the lowest price was 0.0131056 U.S. dollars, and finally closed at 0.0131151 U.S. dollars, with a market value of 33,026,641.98 U.S. dollars.
Historical price sentiment 2018 Ravencoin began trading in mid-March 2018 at a price of $0.027857. After several surges in March, the price initially rose to $0.054, and then jumped to $0.055 after a slight correction near the level of $0.01. The price did not stay above these levels and soon fell to the level of $0.014, marking the 2018 annual closing price. The price fell in the bear market and continued to fall until the end of 2019.
The annual operation closed at a price of 0.0232020 USD by maintaining very small price fluctuations to reduce fluctuations throughout the year. Despite several spikes, the price did not fall back to the previous bearish level until the end of the year. At the beginning of 2020, the RVN token was priced at US$0.2284, which was the peak of US$0.03971 in mid-February, and fell below US$0.02 throughout the year. 2021
The beginning of 2021 will be calm, with no signs of a bull market. However, prices gained momentum in late January and showed early signs of a bull market. The price rose significantly and hit a record high of US$0.2854 on February 20, 2021. The price must have fluctuated somewhat, but it managed to hold above US$0.1 and fluctuated between US$0.15 and US$0.2.
In the shop window, after a huge bullfight, the price always drops to a certain extent. Therefore, after the price reaches USD 0.2, it may enter a short-term correction phase and further continue the bull market. By the end of 2022, the price is expected to reach the level of US$0.3 to US$0.35. Price prediction for the next 5 years In the next 5 years, the price of RVN is expected to climb very hard to around $1.
Of course, some minor corrections and several major corrections are also possible. Following the bull market, the final price can reach the target. The next few days may become very brilliant for the cryptocurrency field, and therefore for assets as well.
Therefore, one dollar seems to be a good target, but the bull market cannot be ignored, it can also make the price higher than one dollar. Market prediction of RVN price
1. The digital coin price of DigitalCoinPrice is predicted to be USD 0.26 by the end of 2021, and then USD 0.314 by the end of 2022. The price is expected to rebound further and reach a level of over US$0.54 by the end of 2025.
2. PrimeXBT PrimeXBT predicts that the bearish trap of this asset in 2022 may drop the price below $0.1 in 2022. However, in the next five years, prices are expected to rise by nearly US$0.7 to US$1 by 2025.3. WalletInvestor According to WalletInvestor, the price may rise from US$0.177 to US$0.348 next year, an increase of more than 98%. However, by 2026, the value of RVN will reach $0.946 without any major collapse.
Governor CapitalGov. The capital forecast is very reasonable because they predict that the price of RVN will reach $0.253853 by the end of 2021. The price forecast for the next 5 years is 0.616 USD, that is, to the end of 2025. Conclusion Ravencoin has a bright future. 2021.
With the continuous development of the RVN ecosystem and the entire encryption market, we may see RVN reach new heights. In addition, if investors think that RVN, like major cryptocurrencies such as Bitcoin and Ethereum, is a good investment in 2021, it can even be as high as $0.5.
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Michael Caine is the Owner of this website and also the founder of ANO Digital (Most Powerful Online Content Creator Company),
from the USA, studied MBA in 2012, love to play games,
write content in different categories.