Ravencoin (RVN) Buy Signal July 22nd, 2019

by Crypto Expert July 22, 2019, 5:57 pm 600 Views 365 Votes 0 Comments

At Coin Inquire, we offer free price signal of Ravencoin (RVN) and other cryptocurrencies. Today July 22 we are beginning a new series of free signals for top cryptocurrencies including Ravencoin (RVN).

Ravencoin ( RVNBTC ) had a massive bull run earlier this year, which we caught in full. This one generated over 500% of profits… It is true, go here and hit play:

Now, the charts are starting to look bullish again and we believe Ravencoin can produce similar gains:

We can see RVNBTC breaking out of a falling wedge, this can translate into massive profits soon.
Trading volume hits new lows, with green/bull volume increasing.
We have a bullish RSI.
MACD is still bearish but leaning towards the bulls.

With our classic signals now in place, we can prepare for what is to come ahead.

You can find our main targets marked with yellow lines on the chart.

Report

1- Do not invest in every ICO – most of them are a scam.

2- Crypto is a heavily manipulated commodity and the price can change at any moment.

3- The creation cost of a coin represents the “wholesale” price – It is always better to buy when the price is close to the creation cost.

4- Crypto has a natural cash flow that dictates the selling pressure. Like, 1800 bitcoins are mine each day so 1800 bitcoin must be bought at the current price (“means market needs new $18 millions of investment every day if the price is $10,000 to maintain the current price“).

5- Patience and timing are key to making a profit:

Buy, when the price is close to the creation cost.

Sell, when the price is way high off the creation cost.