Ravencoin (RVN) saw a 3.2% increase to $0.0317 this week as it attempted to rebound from the support level at $0.0300, setting its sights on $0.0400.

The token lacked internal catalysts to drive its momentum, thus largely relying on the overall performance of Bitcoin (BTC). Bitcoin managed to regain ground above $60,000, with potential targets set at $70,000. Should Bitcoin sustain its upward trajectory, RVN may approach the resistance level at $0.0400.