RVNUSDT Massive Breakout Loading? After 2 Years of Compression!

📈 Weekly Technical Analysis: Ravencoin (RVN/USDT)

🧠 Main Pattern: Descending Triangle ⚠️

Ravencoin has been consolidating within a Descending Triangle since early 2021 — typically a bearish continuation pattern, but one that can lead to a massive trend reversal if the upper boundary is broken.

🟨 Key Accumulation Zone:
📍 Support Area: $0.01280 – $0.01080
This zone has been tested multiple times and has shown strong buyer defense since 2022.

📏 Dynamic Resistance:
📍 Downward sloping trendline from the 2021 peak — currently acting as major resistance.


🟢 Bullish Scenario: Breakout Ahead? 🌕🚀

If RVN breaks above the descending trendline (~$0.01903) and closes strongly on the weekly chart, we could see a major uptrend unfold.

🎯 Bullish Targets:

🪙 $0.03217 — Minor horizontal resistance

🪙 $0.05028 — Key psychological level

🪙 $0.12842 — Major historical resistance

🪙 $0.21221 — Long-term bullish target


🔍 Breakout Confirmation Checklist: ✅ Weekly candle close above resistance
✅ Strong volume spike
✅ RSI rebound from oversold territory


🔴 Bearish Scenario: Breakdown Warning ⚠️📉

If price fails to hold the support zone at $0.01280:

❌ First target: $0.01080

❌ Breakdown risk: $0.00712

❌ Breakdown from triangle may confirm long-term bearish continuation


🎯 Conclusion & Strategy:

📌 Price is nearing the apex of a multi-year compression pattern
📌 A breakout could lead to exponential upside potential
📌 Great setup for swing or position traders
📌 Wait for confirmed breakout with volume before entry

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