Ravencoin Is Likely to climb to $0.02500
Ravencoin (RVN) is up 11.7% this week to $0.01770, significantly outperforming the broader crypto market, where Bitcoin (BTC) is down 0.4% to $105,868. The rally follows the recent listing of Ravencoin on the Korean Upbit crypto exchange. The announcement triggered a sharp price surge of 92% to $0.02090. A correction followed on Friday, bringing prices down to $0.01390 and reflecting short-term overbought conditions.
Despite the pullback, trading volume remains 30 times above the average, indicating continued strong interest and support for the uptrend. The recent dip appears to be a technical retest of the breakout level rather than a shift in momentum. If the current strength holds, Ravencoin could reclaim the $0.02000 level and potentially move higher toward the $0.02500 target.
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