💟 Market Health (October-19) In this period, BTC is approaching the $64000 zone and it will take more time to conquer this zone. And in the past few days Altcoins are accumulating quite a lot but the price is still decreasing, so we can expect that in the next few days Altcoins will have rapid and strong price increases and it will be very difficult to buy these coins at good price range. Let's continue to accumulate according to our plan
💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
The buying power of RVN is increasing strongly again and it is moving to the area of $ 0.16, $ 0.2 and $ 0.24 this September.
📈RED PLAN 🔴Buy : 0.137-0.143$. SL if B
🔴Buy : 0.156-0.164$ if A. SL if B
📉BLUE PLAN 🔴Sell : 0.156-0.164$. SL if A
🔴Sell : 0.195-0.205$. SL if A
🔴Sell : 0.234-0.246$. SL if A
🟣PURPLE PLAN 🔵Sell : 0.137-0.143$ if B. SL if A
🔵Buy : 0.117-0.123$. SL if B
🔵Buy : 0.0975-0.1025$. 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.