Ravendex doesn’t show any interesting movement, remains below $0.004

Cryptocurrency Price analysis and Prediction

March 16, 2022

Cryptocurrency Price analysis and Prediction

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Ravendex price analysis for March 15, 2022, comes riding on a stagnant cycle for the token as it remains below the $0.004 price level after multiple attempts to break above, fail. It is important to note that a similar situation was seen in our RAVE price analysis for March 15, 2022, when the token did break above $0.004 but was unable to turn it into a support region. On the other hand, the indicators show that prices have become quite stagnant in recent days.

The data from CoinMarketCap shows that the trading volume for the RAVE token has dipped by 2.77% in the last 24 hours, followed by a 0.55% rise in the diluted market cap. Investors should also keep in mind that the all-time low for the token was witnessed on Jan 11, 2022, at $0.00121 while the all-time high was 0.02453 USD both of which remain unbroken.

The daily candle for Ravendex opened at a price of $0.003998 and reached a daily high of $0.004032. Furthermore, the daily low for RAVE stands at a price of $0.00385. At the time of publishing, the price of 1 RAVE is $0.003992. It can be said that the token is 83.65% low than its all-time high.