Raven is Nearing Its Decisive Rendezvous Point
Ravecoin prices have stabilized after a sharp drop in the end of July, and are nearing the 50-day moving average. This encounter could happen at $0.018500, which is slightly above current price levels at $0.018000. In the alternative scenario price could continue sideways, and the moving average will drop to $0.018000.
Revecoin project does not generate any news, so its coin prices could rise with the market itself. Otherwise, the rendezvous with the moving average would force RNV to choose its direction. A breakthrough of the resistance may guide prices towards $0.020000. If the price would roll back, it may sink to June lows at $0.015000.
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