💟 Market Health (October-27) The market just had a crash and this is an opportunity for us to continue accumulating Altcoins. Money has been withdrawn from Topcoins and will likely be pushed into mid-cap and low-cap Altcoins. However, it is highly likely that buying will come back strongly and close today's 1Day candle in the green color and the market will be very bullish. But be aware that the market during this period will have strong ups and downs so limit the use of leverage as much as possible because your position will be easily liquidated. ETH also filled the gap at 4000$
💟 Market Health (October-27) Money is being withdrawn from coins that have pumped strongly in the past days and is being redirected to the next coins with lower capitalization, so in the next few days there will be many quick pumps with high profit rates. so please check the market regularly to be able to sell at high price areas. This phase will need about 1-2 weeks before the money flows back to the top coins
💟 Market Health (October-26) The market is recovering very strongly with a lot of coins rising above the ATH (All time high) price zone. Currently, BTC still holds the $60000 zone and that is what has helped the market to confidently grow. Let's continue to accumulate and wait for the pump's turn
💟 Market Health (October-25) BTC is still holding the $60000 zone and this is a good sign for Altcoins. However, because the number of Altcoins is too much, the cash flow will be circulated between them, so actively accumulate Altcoins and wait for their turn to pump. At this time, we must always prepare a reserve in case something bad happens and will buy at a lower price if possible.
💟 Market Health (October-24) The market is still doing quite well and the positive signals are present on most of the Altcoins. We can continue to accumulate during this period as we are at the bottom of a new bull run. Don't miss the chance!
RVN has good support at 0.11$ zone and it could move up to 0.13$, 0.15$ and 0.2$ zones in this September. But if it loses the 0.11$ zone, it will drop strongly and it could hit 0.075$ zone
📈RED PLAN 🔴Buy : 0.107-0.113$. SL if B
🔴Buy : 0.127-0.133$ if A. SL if B
🔴Buy : 0.147-0.153$ if A. SL if B
📉BLUE PLAN 🔴Sell : 0.127-0.133$. SL if A
🔴Sell : 0.147-0.153$. SL if A
🔴Sell : 0.195-0.205$. SL if A
🟣PURPLE PLAN 🔵Sell : 0.107-0.113$ if B. SL if A
🔵Buy : 0.073-0.077$. SL if B
❓Details 📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩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.