Ravencoin Is Eyeing ATL
Ravencoin (RVN) is down 10.1% this week to $0.0115, underperforming the broader crypto market, where Bitcoin (BTC) has fallen 3.3% to $111,600. The decline comes amid growing fears of a potential U.S. government shutdown on October 1, with bets on this scenario reaching 77% on Polymarket. The last shutdown, which lasted from December 22, 2018, to January 25, 2019, pushed BTC lower by 11%. If history repeats, Bitcoin could fall toward $100,000, while RVN may once again test its strong support at $0.0100. Since launch, the token has never dropped below this level, and every approach has triggered a sharp rebound. The most recent example was in June, when RVN bounced 141.5% from this threshold. Given this history, the chances for another upside scenario remain high.
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