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REVAIN

Revain Price Analysis: REV Coin Gives 232% Massive Returns Within a Month

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  • The Revain coin is at a super upward trend around 45.5% during the intraday trading session.
  • The 24-hour trading volume is at $2 million.
  • REV/BTC pair is trading positive by 46.4% at 0.00000045 BTC. 
Source: REV/USDT on TradingView

The daily technical chart and price action of Revain coin display an upward trend. According to the pivot levels, the primary support level is $0.01341. On the other side, if it rushes up, the resistance level to follow is $0.02958. Although the chart forms a bullish harami candlestick pattern within the day, it is predicted that the price may remain upwards with medium reliability.

The Zig-Zag framed a top of $0.06229 on May 11. After that, investors can notice a massive correction of 92%, all the way low to $0.00500. Now price levels are back around $0.022 this week. 

The volume of (360.470K) is above the MA of 20-days (340.435K). As a result, the volume is high, causing its price to bounce off the pivot zones. Investors may also mark that the volume bars on the chart are inclining, which intimates that notable volatility is expected in the upcoming trading session. 

The RSI indicator gave a (Overbought) signal with 81.66, projecting a sell signal in the coin. Investors may observe an inclining slope from 64 to 81. It may plunge towards negative territory in future trading sessions.

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Revain Coin Oscillators Signal Bearish Move

Today’s price of Revain is 0.02161105 USD, and the 24-hour trading volume is 2,949,070 USD. REV prices have increased by 45.5% in the past 24 hours. 480 million REV coins are issued, with a total circulation of 60.6 billion. The RSI indicator shows a sell signal, and the traders have guided high volume. Technically, the price bounces off the resistance zone and remains in an upward trend. Therefore, as with overall market sentiment, the trend remains bearish in upcoming trading sessions.

Resistance Level: $0.02958

Support Level: $0.01341

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REVAIN

Revain Price Analysis: Are You Bullish on REV Coin? Big Move Incoming

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  • The Revain coin is increasing upwardly, around 9.4%, during the intraday trading session.
  • The 24-hour trading volume is at $3 million.
  • REV/BTC pair is also trading positive by 9.2% at 0.00000056 BTC.
Source: REV/USDT on TradingView

Daily technical chart and Revain coin price is showing an upward trend. Based on the pivot level, the initial support level is 0.0168 USD. From another perspective, if it accelerates, the resistance level to watch is 0.0345 USD. Although the chart created a Doji candlestick pattern during the day, the price is expected to be sideways with medium reliability.

Ichimoku Cloud is composed of lead-1 and lead-2, and the displacement value is 1. It operates as a pivot level and leading indicator of asset price changes. Investors can see that the price breaks above the Red Moku Cloud and now trades above the Green Moku Cloud, so the cost is above the Green Moku Cloud, ensuring the positive trend of REV.

Trading volume (121.441 K) is below the 20-day moving average (803.833 K). In short, the low volume of transactions caused the price to sustain around the resistance zone. Investors may also notice that the volume bars on the chart are declining, which indicates that surprising volatility is expected in the next trading days.

The Stochastic RSI (Oversold) with a value of K-5 D-8 presents a sell signal in the coin. Investors may observe a declining slant and a negative crossover in the index. It may move to positive territory for future trading sessions.

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Revain Coin Gains 261% Within a Month

Today’s price of Revain is $0.02584414 for a 24-hour trading volume of $331 3029. The REV price has increased by 9.4% in the past 24 hours. It has a circulation volume of 480 million REV coins and a total volume of 60.6 billion. The Stochastic RSI indicator shows a sell sign, and the traders have led to moderate volume. Technically, the price sustains around the resistance zones and continues in a consolidation. Accordingly, as with the overall market viewpoint, the trend remains bullish for upcoming trading sessions.

Resistance Level:  $0.0345

Support Level: $0.0168

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REVAIN

REVAIN Price Analysis: REV Token Rallies Higher, Ready To Grow More

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  • REV token price continues to grow within a recently made bullish engulfing candle.
  • REV trades above all the crucial EMAs, projecting bulls are overpowered.
  • The token pair REV/BTC trades with a fall of -0.36% at 0.0000002731 BTC.
TradingView

REV token price value has been increasing as the sudden rise in demand met near the support level of $0.0055. The bullish rise in sentiments has led to a price jump of more than 190% in the past month.

The price jump in the crypto asset’s price chart has driven all the crucial EMAs in the chart higher and may soon result in the bullish crossover, which will result in the bullish alignment of the EMAs.

Investors could observe a price jump of 20% to 30% if the price breaks above the $0.0176 mark. Conversely, investors could observe a fall of the same magnitude or even worse if prices plunge dramatically.

The REV Token is currently trading at $0.01309, with a -4.49% market capital fall within the past day, projecting a decreasing growth rate as the price struggles near resistance.

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The intraday trading volume of REVAIN has fallen by 17% in the past 24-hours, indicating a fall of interest among investors with bullish intentions.

Uptrend Becomes Questionable In REV Price Chart

TradingView

The 4-hour price chart shows that REV token prices saw an increase in trading volume. However, the price action struggles to rise above the resistance pivot level. As evident by the recent reversal from the level.

The technical analysis of REVAIN price action suggests that a bullish breakout could have difficulties rising above $0.01076 to $0.021. However, if prices break the 50-day EMA, the bearish tendency could drop below more than 30% to 50%.

The RSI indicator (Bullish) indicates bullish momentum once RSI crosses above the oversold zone.

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The ADX indicator signifies a boom in the momentum of the price trend.

Overall, the trend is growing in strength, and the underlying bullishness is rising, according to the ADX & RSI.

Conclusion – REV Token Price may rise higher after the breakout of $0.01076, suggesting an uptrend that may shortly result in forming a new 52-week high.

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Support – $0.0106 and $0.0086

Resistance – $0.01076

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