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    RVN is up by more than 9% today after the Ice Wallet announcement


    Ravencoin is up by 9% within the final 24 hours, making it the perfect performer amongst the highest 100 cryptocurrencies by market cap.

    RVN, the native token of the Ravencoin blockchain, is the perfect performer amongst the highest 100 cryptocurrencies within the final 24 hours. It has added 9% to its worth up to now at present, outperforming the broader market within the course of. 

    The cryptocurrency market is beginning the week in a optimistic style, with the market up by lower than 1% over the past 24 hours. The full crypto market cap stays beneath $1 trillion, regardless of at present’s optimistic efficiency.

    Bitcoin continues to be buying and selling beneath $20k after shedding greater than 1% of its worth within the final seven days. The main cryptocurrency continues to be buying and selling within the purple zone at present. Ether has maintained its place above $1,500 and is up by lower than 1% on Monday.

    Ravencoin’s optimistic efficiency comes after a chilly storage pockets was revealed for the RVN coin. The Ice Pockets Storage will quickly launch and can help the RVN coin.

    Key ranges to look at

    The RVN/USDT 4-hour chart is optimistic, as Ravencoin has been performing properly over the previous 24 hours. The technical indicators present that RVN is outperforming the broader cryptocurrency market.

    The MACD line is inside the optimistic area, indicating bullish momentum for Ravencoin. The bullish momentum comes because the broader market is recovering from its current bearish hunch.

    The 14-day relative power index of 61 exhibits that RVN may enter the overbought area if the rally may be maintained.

    At press time, RVN is buying and selling at $0.03203 per coin. If the bullish momentum persists, RVN may surge previous the $0.035722 resistance stage earlier than the top of the day. Nonetheless, it could want the help of the broader crypto market to cross the $0.040577 resistance stage within the brief time period.

    The bears may regain management of the market and push RVN beneath the $0.028675 help stage. Nonetheless, RVN ought to comfortably defend its place above the $0.024799 help stage within the close to time period.

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