Daily close 0.001297 −4.28% on the day
The day in one sentence
Ravencoin closed the day between support 0.001209 and resistance 0.001524. A daily close above 0.001524 breaks resistance, and there is no higher daily level in the current data. A daily close below 0.001209 breaks support, and there is no lower daily level in the current data.
What changed since yesterday
- The close moved from 0.001355 to 0.001297 (−4.28%); the daily trend is sideways.
- Nearest support is now 0.001209; yesterday there was none in range.
- Nearest resistance is unchanged at 0.001524 (1 touch).
- RSI(14) daily moved from 39.2 to 36.6 (−2.7).
- Yesterday's analysis →
Ravencoin today: up or down? Two paths from the daily levels · each needs a daily close
Not financial advice
RVN ended the day at 0.001297, down 4.28 percent, with key levels intact in a quiet, fearful weekend market. The daily trend is sideways, while the weekly trend is down; daily RSI moved from 39.2 to 36.6, so momentum is weak. With volume a little below normal, a daily close above 0.001524 would improve the picture, while a close below 0.001209 would weaken it.
Support and resistance today
- Support 0.001209 6.8% below the close
- Resistance 0.001524 17.5% above the close
The bigger picture
The nearest ceiling is near 0.001524, while the weekly trend is down, so the two timeframes disagree. The nearest floor is near 0.001209, and futures positions shrank as traders stepped back.
What to watch
A daily close above 0.001524 would ease the pressure. A daily close below 0.001209 would confirm more weakness and leave open ground below 0.001209. Also watch whether the daily RSI of RVN, now 36.6, turns up.
Frequently asked questions
What are the support and resistance levels for Ravencoin today?
On the daily chart, the nearest support is 0.001209 and the nearest resistance is 0.001524.
Is Ravencoin up or down today?
Ravencoin closed the day at 0.001297, −4.28%. The daily trend is sideways. A daily close beyond 0.001209 or 0.001524 is what would change that picture.
What happens if Ravencoin closes above 0.001524?
A daily close above 0.001524 (17.5% above the close) breaks resistance, and there is no higher daily level in the current data.
What happens if Ravencoin closes below 0.001209?
A daily close below 0.001209 (6.8% below the close) breaks support, and there is no lower daily level in the current data.