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Technical analysis by Arthur_de_Vrome about Symbol RVN: Buy recommendation (8/29/2025)

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Arthur_de_Vrome
Arthur_de_Vrome
Rank: 5662
1.6
Buy،Technical،Arthur_de_Vrome

In Short: Ravencoin has followed a textbook Wyckoff Accumulation : Selling Climax, multiple Secondary Tests, and a Spring shake-out around $0.01. The structure now enters Phase D, with a Sign of Strength and Last Point of Support likely ahead. Once confirmed, the markup phase (moon) could replicate RVN’s 2021 parabola! Downside remains limited to the launchpad zone, while upside targets extend toward $0.10–0.25 or more. Ravencoin – Wyckoff Accumulation in Action Ravencoin’s chart shows a textbook example of a Wyckoff Accumulation structure, unfolding over several years inside a broad falling wedge. What looks like endless decline is, in fact, a deliberate process of shaking out weak hands and transferring supply to stronger ones. 🧩 Wyckoff Phases on RVN Phase A – Stopping the downtrend Preliminary Support (PS) and the Selling Climax (SC) near $0.01 signaled the exhaustion of sellers. The Automatic Rally (AR) followed, showing the first sign of demand. Phase B – Building the cause Multiple Secondary Tests (ST) returned price to the launchpad zone ($0.010–0.013). Each dip was absorbed faster, with less volume. This phase served to wear out weak holders and allow accumulation by stronger hands. Phase C – The Spring A sharp shake-out below support triggered stops and flushed late believers. This “Spring” was immediately followed by a strong rebound back into the range — classic Wyckoff behavior. Phase D – Sign of Strength (SOS) Breakout attempts above the falling wedge resistance mark the start of the Sign of Strength. The Last Point of Support (LPS) will likely retest the breakout area before a full parabola begins. Phase M(oon) – The Markup Once SOS and LPS are confirmed, the markup phase can accelerate. Historically, RVN’s markup runs have been fast and vertical (2021: $0.02 → $0.28 in weeks). Targets from this structure extend toward $0.10, $0.25, and higher. 📐 Confluence Factors Falling wedge maturity aligns with the Wyckoff Spring. Ethereum’s breakout in 2021 preceded RVN’s parabola — ETH is again near highs. Fuel zone ($0.01–0.013) has been tested multiple times and held, confirming accumulation. ⚖️ Risk–Reward Downside: If the Spring fails, risk is limited to the launchpad zone. Upside: A confirmed SOS → LPS sequence opens the door for a rapid parabola. 👉 Summary: Ravencoin has followed the Wyckoff script step by step: SC, ST, Spring, and now approaching SOS. With ETH surging and supply absorbed, RVN may be on the verge of transitioning into its long-awaited markup phase. Next Article: ''Look Out Below!" - Risk Management, Safety First!

Translated from: English
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Signal Type: Buy
Time Frame:
2 روز
Price at Publish Time:
$0.013284
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