RVC
Fundamental Analysis
Introduce
Ravencoin Classic (RVC) is a X16R algorithm protocol with features focused on allowing tokens to be issued on the Ravencoin Classic blockchain. Tokens of the protocol can have whatever properties the token issuer of the token decides - so they can be limited in quantity, can be named and be issued as securities or as collectibles.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | RVC | Market Cap | 10435.5361 |
| Name | RavencoinClassic | White Paper | -- |
| Web Site | https://ravencoinclassic.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://rvc.mining4people.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 21000000000 | |
| Supply | 21000000000 | Release Date | 2020-12-06 |
| Available Supply | 862441000 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 1.21e-05 | 1.21e-05 | 1.1635e-05 | 1.21e-05 | 130.30605964 |
| 2024-12-30 | 1.2003e-05 | 1.2945e-05 | 1.2003e-05 | 1.21e-05 | 11.11121389 |
| 2024-12-29 | 1.1896e-05 | 1.2945e-05 | 1.164e-05 | 1.2003e-05 | 193.99543837 |
| 2024-12-28 | 1.2139e-05 | 1.3168e-05 | 1.1616e-05 | 1.2e-05 | 168.64216869 |
| 2024-12-27 | 1.3797e-05 | 1.3806e-05 | 1.1648e-05 | 1.207e-05 | 727.88128123 |
| 2024-12-26 | 1.3148e-05 | 1.3854e-05 | 1.314e-05 | 1.3143e-05 | 785.6932747 |
| 2024-12-25 | 1.314e-05 | 1.3857e-05 | 1.314e-05 | 1.3803e-05 | 266.15180405 |
| 2024-12-24 | 1.3899e-05 | 1.39e-05 | 1.25e-05 | 1.314e-05 | 772.5129483 |
| 2024-12-23 | 1.3451e-05 | 1.5949e-05 | 1.1612e-05 | 1.4e-05 | 2853.54254633 |
| 2024-12-22 | 1.4968e-05 | 1.4985e-05 | 1.22e-05 | 1.3789e-05 | 334.95361926 |
| 2024-12-21 | 1.2157e-05 | 1.806e-05 | 1.2157e-05 | 1.3154e-05 | 2645.87411014 |
| 2024-12-20 | 1.3e-05 | 1.3e-05 | 1.2156e-05 | 1.2176e-05 | 740.81804261 |
| 2024-12-19 | 1.386e-05 | 1.4221e-05 | 1.3e-05 | 1.3e-05 | 690.40360127 |
| 2024-12-18 | 1.6196e-05 | 1.6196e-05 | 1.4e-05 | 1.5548e-05 | 615.32596248 |
| 2024-12-17 | 1.5026e-05 | 1.7e-05 | 1.4273e-05 | 1.6223e-05 | 1087.8219323 |
| 2024-12-16 | 1.6232e-05 | 1.7715e-05 | 1.4273e-05 | 1.4273e-05 | 1516.304126 |
| 2024-12-15 | 1.8673e-05 | 1.8673e-05 | 1.5093e-05 | 1.6231e-05 | 1932.07949027 |
| 2024-12-14 | 1.9219e-05 | 1.9897e-05 | 1.3898e-05 | 1.9285e-05 | 3624.24773386 |
| 2024-12-13 | 1.4e-05 | 1.9897e-05 | 1.3004e-05 | 1.9219e-05 | 5319.56558175 |
| 2024-12-12 | 1.6836e-05 | 1.8289e-05 | 1.3001e-05 | 1.3745e-05 | 4012.33145521 |
| 2024-12-11 | 1.2002e-05 | 3e-05 | 1.1705e-05 | 1.8054e-05 | 28276.51853201 |
| 2024-12-10 | 1.2548e-05 | 1.2999e-05 | 1.1218e-05 | 1.2999e-05 | 3161.34049739 |
| 2024-12-09 | 1.5007e-05 | 1.578e-05 | 1.2483e-05 | 1.2548e-05 | 3387.91269553 |
| 2024-12-08 | 1.6734e-05 | 1.7974e-05 | 1.5e-05 | 1.5002e-05 | 4931.39073844 |
| 2024-12-07 | 1.6713e-05 | 1.8799e-05 | 1.507e-05 | 1.6613e-05 | 16427.97335853 |
| 2024-12-06 | 2.602e-05 | 4e-05 | 1.3859e-05 | 1.6594e-05 | 87956.70494279 |
| 2024-12-05 | 1.0421e-05 | 4.5e-05 | 1.005e-05 | 2.7244e-05 | 89828.72486429 |
| 2024-12-04 | 1.0675e-05 | 1.4534e-05 | 1.01e-05 | 1.0618e-05 | 3735.62903572 |
| 2024-12-03 | 8.6e-06 | 1.3344e-05 | 8.296e-06 | 1.0675e-05 | 2166.91872271 |
| 2024-12-02 | 9.073e-06 | 9.465e-06 | 8.202e-06 | 8.4e-06 | 774.81048363 |
Analysis
The data shows a highly volatile period with significant price swings and varying volumes. A sharp price increase is evident around December 5th, accompanied by extremely high volume, suggesting a strong bullish push. This was followed by a period of price correction and consolidation. From December 11th, there was another significant surge, again with substantial volume, reaching a local high around December 14th. This was followed by a gradual decline. The latest few days show some stabilization around 1.2e-05 with significantly low volume, indicating a possible exhaustion of selling pressure. Overall, the last 30 days suggest high volatility and several price peaks and troughs. Currently, the price seems to be consolidating at a lower range compared to the mid-month high. Future price action might depend on whether buying volume resumes or if sellers become dominant again. The low volume of the recent days hints at a potential price breakout soon.
