Wait, did everyone just look away from
$RVN ?
The daily chart is looking pretty interesting here. We had that massive wick up to 0.0076 a while back, but price has just been grinding sideways since then.
Right now, we’re sitting at 0.00581. If you look at the recent candles, we are basically hovering just above a support zone that’s held up a few times lately. Volume is a bit dry at 49M RVN, which usually means a squeeze is coming.
If we can hold this 0.0057 to 0.0058 area, I’m looking for a move back toward 0.0062. But if we lose this level, it might get ugly quickly down to 0.0053.
I'm ju