Ravencoin Challenges EMA50, Prepares To Move Ahead

Ravencoin (RVNBTC) managed to clear EMA50 and is getting ready to go higher... Looking at past history, each time EMA50 is conquered a strong bullish move follows.

Right now RVNBTC is trading above EMA50 and challenging EMA100 (purple line), if the day closes positive above 0.00000309, we are likely to see a very strong green candle next.

Ravencoin Chart Signals
With a strong RSI (61) and a bullish MACD with volume starting to go green, we can expect RVNBTC to move higher.

If prices move lower EMA10 at 0.00000303 is the first support, this is followed by the 0.00000270 - 0.00000285 price range.

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Namaste.