intermediate
RavenCoin is a classic digital currency that runs a
peer-to-peer system. Being a more advanced hardfork of Bitcoin, Ravencoin puts
a heavy focus on reliability, anonymity, confidentiality, publicity, open
access and much more. Unlike Bitcoin and Ethereum, Ravencoin serves to transfer
the ownership of assets. Each transmitted object is represented by an unmarked
token created by a user of the Ravencoin platform.
The project was launched in 2017, and Ravencoin ICO was organized on January 3rd, 2018. VOTE tokens were given to the RVN holders in 1:1 ratio. Today, it’s 41st cryptocurrency in the Top-100, and the development team is constantly working on node modernization to improve the system. Due to the unique idea underlying the project, RVN is highly valued in the crypto community, which positively affects the price. In March 2018, RVN coin price soared by 30% overnight and has displayed aggressive value growth.
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Ravencoin Overview
Our real-time RVN to USD price update shows the current Ravencoin price as $0.020897 USD.
According to our Ravencoin price prediction, RVN price is expected to have a 2.44% decrease and drop as low as by May 13, 2023.
Our technical indicators signal about the Bearish Bullish 13% market sentiment on Ravencoin, while the Fear & Greed Index is displaying a score of 52 (Neutral).
Over the last 30 days, Ravencoin has had 15/30 (50%) green days and 7.39% price volatility.
Ravencoin (RVN) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Ravencoin (RVN) Price Prediction For Today, Tomorrow and Next 30 Days
Ravencoin Prediction Table
Ravencoin Historical
According to the latest data gathered, the current price of Ravencoin is $$0.02, and RVN is presently ranked No. 118 in the entire crypto ecosystem. The circulation supply of Ravencoin is $269,408,488.08, with a market cap of 12,515,933,211 RVN.
In the past 24 hours, the crypto has increased by $0.0007 in its current value.
For the last 7 days, RVN has been in a good upward trend, thus increasing by 5.85%. Ravencoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of RVN has increased by 15.93%, adding a colossal average amount of $0.0034 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Ravencoin Price Prediction 2023
According to the technical analysis of Ravencoin prices expected in 2023, the minimum cost of Ravencoin will be $0.0169863012. The maximum level that the RVN price can reach is $0.0212003398. The average trading price is expected around $0.0254143783.
RVN Price Forecast for May 2023
Based on the price fluctuations of Ravencoin at the beginning of 2023, crypto experts expect the average RVN rate of $0.0199845014 in May 2023. Its minimum and maximum prices can be expected at $0.0181921806 and at $0.0217768221, respectively.
June 2023: Ravencoin Price Forecast
Cryptocurrency experts are ready to announce their forecast for the RVN price in June 2023. The minimum trading cost might be $0.0169863012, while the maximum might reach $0.0248825115 during this month. On average, it is expected that the value of Ravencoin might be around $0.0209344064.
RVN Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of Ravencoin in 2023 and in previous years, so the average RVN rate they predict might be around $0.0249290135 in July 2023. It can drop to $0.0248854179 as a minimum. The maximum value might be $0.0249726092.
August 2023: Ravencoin Price Forecast
In the middle of the year 2023, the RVN price will be traded at $0.0250191112 on average. August 2023 might also witness an increase in the Ravencoin value to $0.0250627068. It is assumed that the price will not drop lower than $0.0249755155 in August 2023.
RVN Price Forecast for September 2023
Crypto experts have analyzed Ravencoin prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $0.0251077556. The lowest and peak RVN rates might be $0.0250656132 and $0.0251498981.
October 2023: Ravencoin Price Forecast
Crypto analysts expect that at the end of summer 2023, the RVN price will be around $0.0251964001. In October 2023, the Ravencoin cost may drop to a minimum of $0.0251528045. The expected peak value might be $0.0252399957 in October 2023.
RVN Price Forecast for November 2023
Having analyzed Ravencoin prices, cryptocurrency experts expect that the RVN rate might reach a maximum of $0.025327187 in November 2023. It might, however, drop to $0.0252429021. For November 2023, the forecasted average of Ravencoin is nearly $0.0252850446.
December 2023: Ravencoin Price Forecast
In the middle of autumn 2023, the Ravencoin cost will be traded at the average level of $0.025373689. Crypto analysts expect that in December 2023, the RVN price might fluctuate between $0.0253300934 and $0.0254172847.
Ravencoin Price Prediction 2024
After the analysis of the prices of Ravencoin in previous years, it is assumed that in 2024, the minimum price of Ravencoin will be around $0.0389961. The maximum expected RVN price may be around $0.0449955. On average, the trading price might be $0.039996 in 2024.
Ravencoin Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Ravencoin, in 2025, RVN is expected to have the following minimum and maximum prices: about $0.0559944 and $0.0669933, respectively. The average expected trading cost is $0.0579942.
Ravencoin Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of Ravencoin and their fluctuations during the previous years. It is assumed that in 2026, the minimum RVN price might drop to $0.0839916, while its maximum can reach $0.0969903. On average, the trading cost will be around $0.0859914.
Ravencoin Price Prediction 2027
Based on the analysis of the costs of Ravencoin by crypto experts, the following maximum and minimum RVN prices are expected in 2027: $0.139986 and $0.119988. On average, it will be traded at $0.119988.
Ravencoin Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Ravencoin. Based on their predictions, the estimated average RVN price will be around $0.169983. It might drop to a minimum of $0.169983, but it still might reach $0.19998 throughout 2028.
Ravencoin Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of Ravencoin. It is estimated that RVN will be traded between $0.239976 and $0.289971 in 2029. Its average cost is expected at around $0.239976 during the year.
Ravencoin Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the Ravencoin’s price. The year 2030 will be determined by the maximum RVN price of $0.419958. However, its rate might drop to around $0.329967. So, the expected average trading price is $0.339966.
Ravencoin Price Prediction 2031
After years of analysis of the Ravencoin price, crypto experts are ready to provide their RVN cost estimation for 2031. It will be traded for at least $0.489951, with the possible maximum peaks at $0.579942. Therefore, on average, you can expect the RVN price to be around $0.509949 in 2031.
Ravencoin Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the Ravencoin’s price. The year 2032 will be determined by the maximum RVN price of $0.849915. However, its rate might drop to around $0.709929. So, the expected average trading price is $0.729927.
Ravencoin Fundamental Value
Ravencoin tokens are used to transfer digital assets
of users to each other, as well as to perform a number of payment transactions.
Ethereum and Bitcoin (recognized “giants” of the cryptocurrency
industry) do not have the ability to transfer ownership of assets, but RavenCoin
provides such an opportunity. In the white paper, Ravencoin team suggests using
RVN token for the exchange of such ownership right on such things as:
Physical assets (gold bars, rare documents, physical currency, real estate., etc);Virtual goods (electronic tickets, gift cards, free miles from airlines, etc).
One of the
major achievements of Ravencoin team is the creation of their own algorithm for
hashing called ‘X16R’. Experts have set the task to achieve the invulnerability
of the system for ASIC-devices, and make mining available via PC and video
cards. Despite a pretty high mining difficulty, the number of RVN miners is
growing, so is the belief in its potency.
Despite ever-growing mining difficulty, Ravencoin is getting more and more popular among miners
The open-source code that is used in the system allows
everyone to contribute to the development and improvement of the project.
Initially, the developers changed the Bitcoin code – it served as the
foundation. Today, over 400 contributors help to build the Ravencoin
blockchain.
Key changes include faster block rewards. Ravencoin
was not designed as a fiat currency, it focuses on user control, privacy
protection, and censorship resistance. It’s independent of various
jurisdictions, providing users with additional features to fulfill their needs.
What do the traders think about the current situation
with RVN? Check Ravencoin (RVN) technical analysis on TradingView:
F.A.Q. Ravencoin
Is Ravencoin a Good Investment?
The price of Ravencoin is in a bull market. This means that it’s quite reasonable to purchase or mine RVN cryptocurrency. If you have a mining rig, you can simply get Ravencoin by mining it solo or in a pool.
Is Ravencoin Worth Mining?
Ravencoin mining gives you a good profit. You can always calculate reward (according to your CPU/GPU characteristics) in the RVN mining calculator.
Source: https://changelly.com/blog/ravencoin-rvn-price-prediction/
