Overview
| Cryptocurrency | Ravencoin |
| Token | RVN |
| Price | $ 0.1896 |
| Market cap | $ 1,629,801,614 |
| Circulating Supply | 8,590,600,000 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 Low | Average Price | Potential 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.
| Year | Potential Low | Potential 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.
