💟 Market Health (October-24) The market is still doing quite well and the positive signals are present on most of the Altcoins. We can continue to accumulate during this period as we are at the bottom of a new bull run. Don't miss the chance!
💟 Market Health (October-22) The market is still very good and Altcoins still have a very good opportunity to continue to increase in the next days. When the market wants to create FOMO, there is usually very little correction, so keep accumulating so as not to lose the opportunity
RVN has an important support at 0.11$ zone, if it doesn't lose this zone, it will move towards 0.13$, 0.15$ and 0.18$ zones. But if it loses this 0.11$ zone, it will fall down sharply to 0.1$ and 0.085$ zones
📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.11$ zone
🔴Buy : 0.11
🔴Sell : 0.13 - 0.15 - 0.18
📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.11$ zone
🔵Sell : 0.11
🔵Buy : 0.1 - 0.085
❓Details 🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
Ravencoin is a protocol based on a fork of the Bitcoin source code, with addition of new features designed to allow individuals to issue security-like tokens on its blockchain.
Like Bitcoin, its consensus is reached through Proof of Work (PoW). However, Ravencoin relies on the X16R algorithm, which is intended to be ASIC resistant by design. Further changes to the Bitcoin protocol include a reduced blocktime of one minute, block rewards of 5000 RVN and, most notably, the added functionality to issue assets and sub-assets.
Token issuers have flexibility to issue tokens with various characteristics. For instance, these tokens can be mintable, named without restriction, and issued in any quantity. Tokens can also be issued as a security or as a collectible.
It is intended that use cases such as communication or voting will similarly rely on purpose-built tokens that are subsequently allocated to relevant addresses and are acting as "talking sticks".
RVN coins are intended as internal currency within the network and must be burnt in order to issue token assets on the Ravenchain.