Ravencoin (
RVN) pumped 158% within the last 4 days, but after the rally, it dumped -42% — showing a classic highly volatile pump & dump behavior.
👉 This type of move signals caution — it’s best to avoid blindly entering such setups.
✅ The upside rally tapped all key Bearish Order Blocks — leading to the sharp rejection.
✅ Despite the drop, RVN is still trading +45% above the recent 4-day bottom — volatility remains very high.
Current downside FVG (Fair Value Gap) → $0.01132–$0.01296
→ If price taps this zone, it could offer a better risk/reward entry — but only for experienced traders watching closely.
Summary: The chart currently does NOT look ideal for fresh entries — stay patient and let the structure develop.
👉 Save this post to stay updated — I’ll share if a new safer entry emerges!
NFA & DYOR
👉 This type of move signals caution — it’s best to avoid blindly entering such setups.
✅ The upside rally tapped all key Bearish Order Blocks — leading to the sharp rejection.
✅ Despite the drop, RVN is still trading +45% above the recent 4-day bottom — volatility remains very high.
Current downside FVG (Fair Value Gap) → $0.01132–$0.01296
→ If price taps this zone, it could offer a better risk/reward entry — but only for experienced traders watching closely.
Summary: The chart currently does NOT look ideal for fresh entries — stay patient and let the structure develop.
👉 Save this post to stay updated — I’ll share if a new safer entry emerges!
NFA & DYOR
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.