Ravencoin (RVN)
Ravencoin is a digital peer to peer network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was launched January 3rd, 2018, and is a truly open source project (no ICO or masternodes). It focuses on building a useful technology, with a strong and growing community.
1. RVN Basic Info
| Symbol | RVN |
| Name | Ravencoin |
| Web Site | https://ravencoin.org/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://ravencoin.network/ |
| Forum | -- |
| Mining | |
| Supply | 21000000000 |
| Available Supply | 14912300000 |
| Market Cap | 178858126.2 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 21000000000 |
| Release Date | 2018-03-11 |
2. RVN Technical Info
2.1 RVN Kline Chart Price
2.2 RVN Technical Analysis
The price is expected to experience a short-term bearish trend. The price may fluctuate downward towards 0.0115-0.0118 within the next few trading days. A consolidation phase might follow this decline. However, a subsequent rebound is anticipated, potentially testing the 0.0122-0.0124 resistance level. The trading volume is expected to remain moderate. Overall, the market indicates a period of price correction before a potential stabilization and gradual upward movement. Further assessment is needed to confirm the mid-term trend.