RVN crypto witnessed a sharp surge in buying volume recently and the price attempted to break the $0.02000 barrier. However, the attempt failed and a bearish hammer candle was formed at the end of the trading session.

However, buyers remain active and try their best to keep the price above the moving averages. Ravencoin price turned active after a long period of consolidation for three months. It caught the attention of long-term investors and successfully reversed the trend to the upside.

At the same time, buying volume is also increasing and prices are rising. This shows that some big investors have injected funds and expect an outperformance.

Currently, the price of Ravencoin is $0.01886, with an intraday decline of -1.67%. The 24-hour volume to market cap ratio is 9.29%.

The Ravencoin price prediction favors the bulls and suggests that it might perform well in December. The chart pattern of RVN looks bullish, so buyers are likely to continue their dominance in the coming months.

Until the price sustains above the $0.01598 level, buyers will remain active and any minor correction is likely to result in a rebound. However, if the situation reverses and the price breaks below $0.01598, the bears may sink it to the yearly low.

From this, it seems that RVN price is in a recovery phase, in the hands of bulls and may surprise in December.#RVN #Ravencoin $RVN