Cryptocurrency Price Prediction View Non-AMP

RavenCoin Price Prediction 2022: Will RVN Price Surge 2X?

Written by: Elena R

May 17, 2022

 Ravencoin is one of the cryptocurrencies which experienced a historical bull run in early 2021. The gigantic 2000% rally in just a fortnight attracted many strong and new hands that kept the bullish momentum intact. Despite some pullbacks, the price comfortably maintained above certain levels.

The protocol intends to provide hassle-free transfers between two parties. Which is the topmost priority of this network. Are you one of the many, who are keen on investing in RVN, but doubtful of its returns? Fret not, as we decode the plausible price predictions for 2022 and the years to come!

Overview

CryptocurrencyRavencoin
TokenRVN
Price$ 0.1896
Market cap$ 1,629,801,614
Circulating Supply8,590,600,000 RVN
Trading Volume$ 255,357,453
All-time high$ 0.2854     February 20, 2021
All-time low$ 0.0087     March 13, 2020

Ravencoin (RVN) Price Prediction For 2022

Potential LowAverage PricePotential High
$0.06003$0.0748$0.08741

  Ravencoin had initiated the year 2022, with a price tag of $0.0987. The altcoin sliced through 20 days MA owing to the January market crash. The RavenCoin has undergone a steep fall of over 25% in just the first two weeks of Jan plunging to a one-month low of $0.0875. Thereafter the market-wide crash led to the digital asset taking a plunge to $0.0604 by the 24th of January.

Whilst the digital asset had posed an uptrend to $0.0811 by the 8th of February. However, turmoil in the business, dragged the price to $0.0514 by the 24th of February. After weeks of volatility, an uptrend starting on the 17th of March helped close the quarter at $0.0775

Ravencoin’s (RVN) Price Prediction For Q2

  The price of the digital asset has taken a downswing, since the start of the second quarter. The digital coin is now establishing grounds at its support levels around $0.0323. Validating an uptrend, the price of RVN might shoot up to its potential high of $0.044. In contrast, prolonged bearish trends might knock the price down to $0.0251. That said, a balance in buying and selling pressures will settle the price at $0.037

Forecast Of Ravencoin For Q3

  Ravencoin could take a flight to greater heights, provided the protocol employs developments and community building initiatives. In such a case, the price of RVN could hit a maximum of $0.06105. On the flip side, a lack of stimulating events might bring the price down to $0.0416. Constrained by the linear projection of price, the average price might land at $0.0518

Prediction Of RVN For Q4

  If the protocol manages to attract a bigger crowd amidst the growing optimism of the fourth quarter. The price of Ravencoin might chug up to its potential high of $0.08741. Conversely, ebbing prominence and negative criticism might slash the price down to $0.06003. Considering the bullish and bearish targets, the regular price might find its base at $0.0748

RVN Price Forecast For 2023

With a wide vogue of its new upgrades, the RavenCoin may strike a high above $0162. with further developments. On the flip side, failure in any upgrades or adverse market conditions may operate as a setback. Pulling the coin to minimums at $0.08335.

Price Prediction Of Ravencoin For 2024

  If Ravencoin manages to attract institutional adoptions and collaborations. Whilst luring big-money investors and traders. The price could take an ascend to its annual high of $0.32. However, a possible financial crisis or regulatory concerns might drag the price to $0.1554

Price Trajectory For 2025

 The crypto industry is expected to project to moonish levels by the end of 2025. The results of which would reflect on RVN as well. Seeking further impetus from the bulls, the price of the altcoin might hit a maximum of $0.6345. On the other hand, emerging rivals and the lack of visionary initiatives might lead way to its bottoms at $0.298

YearPotential LowPotential High
2023$0.08335$0162
2024$0.1554$0.32
2025$0.298$0.6345

What Does The Market Say?

Trading Beasts

According to the prediction of Trading Beasts. The RavenCoin price is expected to hit the maximum price of $0.0535 by the end of 2022. Whilst a reversal in trends could clutch the price down to $0.036. A balance in trade pressures could land the price at $0.0428. As per the forecast, RVN’s price is forecasted to hit a maximum of $0.0946 by the end of 2025. 

Gov.Capital

Gov.Capital has revised its prediction for Ravencoin. Accordingly, the digital token is expected to surge to a maximum of $0.0312 by the end of 2022. The firm has pinned the minimum and average targets for the year at $0.023 and $0.0272. Gov. Capital also holds predictions for the long term. RVN’s price is expected to project to a maximum of $0.481 by the end of 2025. 

Digital Coin Price

As per the forecast of the website, RVN could hit a maximum of $0.0443 by the end of 2022. The analysts from the firm have set the maximum closing targets for 2023 and 2025, at $0.0504 and $0.0709. 

Wallet Investor

Wallet Investor has updated its price prediction for Ravencoin. The firm now expects the altcoin to hit a maximum of $0.069 by the end of 2022. Wallet Investor anticipates RVN’s price to surge as high as $0.0936 by the end of 2023. And a maximum of $0.154 by the end of 2025. 

To read our price prediction of Pundi X click here!

What Is RavenCoin?

  Ravencoin is basically a peer–to–peer network aiming to provide smooth transactions between two parties. The project was first initiated in January 2018 without any ICO. It is a fork of Bitcoin that allows the other tokens to create their own blockchain.

The platform is built to efficiently manage one specific function the shipment of assets from one user to another. Further, Ravencoin has a modified issuance schedule, reduced block time, coin supply capped ten times of bitcoin. And has a mining algorithm that aims to mitigate the centralization of mining. RavenCoin has its own native token called RVN that enables traders to issue tokens quickly and easily. 

Fundamental Analysis

The Whitepaper of the project was first published by Bruce Fenton, Tron Black, and Joel Weight. The dedicated team stood out of the majority of the crypto community. Before kickstarting the project they all were seasoned businessmen and developers. 

Cheif co-founder Fenton is renowned in crypto for serving as a board member and chief executive director of the Bitcoin Foundation for 3 years.  Prior to beginning his career in Crypto, he accumulated vast knowledge in investment banking. As the vice president of Morgan Stanley in the 90s era.

Our Price Prediction

  Ravencoin is expected to follow with the bullish market sentiment and rally high following major crypto assets. As per Coinpedia’s formulated RavenCoin Price Prediction. Continuing the current bullish trend, the RVN price may rally as high as $0.085 by the end of 2022. In contrast, if the bears continue to predominate the space, the price could fall to $0.06. 

Historical Price Sentiments

2018

Ravencoin began the trade in the mid of march 2018 priced at $0.027857. With a couple of spikes in March, the price rallied to $0.054 initially. And later jumped to $0.055 after a slight pullback close to $0.01 levels. The price failed to sustain above these levels and soon declined to $0.014 levels, marking the yearly close.

2019

The price carried the previous year’s levels for a short period of time. Before spiking to the highest levels at $0.07162 in June. Further, as the price fell into a bearish market and dropped until the end of 2019, to close the yearly trade at $0.023

2020

The price showcased less volatility throughout the year by maintaining very little price fluctuation. Despite a couple of spikes, the price again fell into the previous bearish levels till the end of the year. At the beginning of 2020, the RVN token was priced at $0.2284. That spiked to $0.03971 in mid of February and fell back below $0.02 throughout the year.

2021

The start of 2021 was calm without any sign of a bull run. However, the price gained momentum by the end of January and showcased an early sign of a bull run. The price surged remarkably and attained an all-time high at $0.2854 on Feb 20, 2021. The price had trembled a little, yet successfully maintained above $0.1. And then ranged in between $0.15 and $0.2 till May. 

However, owing to the Chinese market crash on May 19th, RavenCoin’s price failed to sustain the price levels above $0.1. As bears completely haunted the price rally the asset approximately dropped by more than 60% reaching its bottom of $0.5581. Further, the sell-off continued for three months with a consecutive generation of higher lows. 

As bulls re-entered the market by July’s end, Ravencoin price started a steady rise slicing new highs. The asset has experienced multiple rejections at $0.15 in the second half of the year. And ended up its trade at $0.1 by the year’s end.

Click here to read our price prediction of Bytecoin (BCN)! 

FAQ

Q: What are the future prospects of RVN?

A: As the aim behind the project is to provide uninterrupted and hazel free transfers. Many upgrades may be fast approaching that can eventually aid the price rally.

Q: Is RVN a good investment?

A: Ravencoin could be a good investment if considered for the long term. As the protocol holds visionary developments to propel the industry.

Q: Where can I buy RVN?

A: RVN is available for trade across prominent cryptocurrency exchange platforms such as Binance, Coinbase, and Huobi Global amongst others. 

Q: How high will the price of RVN rise by the end of 2022?

A: The price of the altcoin might surge as high as $0.08741 by the end of 2022. 

Q: What will be the maximum trading price of Ravencoin by the end of 2025?

A: The price of the altcoin is expected to surge as high as $0.6345 by the end of 2025.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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