Ravencoin Price Prediction – RVN up 13% to $0.028

Ravencoin’s price has finally hit a major milestone, allowing bulls to push it further this weekend and into the coming week. The proof-of-work (PoW) coin is up 13% at the time of writing and is trading at $0.028. Investors who may be waiting on the sidelines may flock to the market to pick up RVN tokens in anticipation of a possible move to $1.00.

Ravencoin Price Confirms Uptrend – Evaluating the possibility of a $1 RVN

After hitting a low of $0.0177, Ravencoin price struggled for a period where it failed to realize positive moments. This was mainly due to upside limitations of the 50-day exponential moving average (EMA) (in red), 100-day EMA (in blue) and 200-day EMA (purple).

After many attempts, RVN bulls made the ultimate push by breaking a confluence resistance at $0.0244, formed by the 200-day EMA and the upper descending trend line, as illustrated on the daily chart.

RVN/USD daily chart

Ravencoin’s price has a clear path up now that the biggest hurdle is out of the way. As can be seen with the Money Flow Index (MFI) indicator, the buying pressure on RVN significantly exceeds the overhead pressure. For this reason, investors are likely to witness a sharp move to the upside, with some posting gains of $0.035, $0.055 and $0.08, in that order.

Nevertheless, heavy-handed bullish traders want to wait for the Ravencoin price to shoot above $0.1. The move to $1 will depend on how the larger crypto market performs in 2023. So far, cryptocurrencies have performed exceptionally well this year, with more changes expected ahead of the US Federal Reserve’s interest rate decision later this month.

Meanwhile, the outlook for Ravencoin’s price remains bullish, supported by a buy signal from the Moving Average Convergence Divergence (MACD) indicator. Investors buying RVN now have the MACD (line in blue) above the signal line (in red) for support. In addition, the momentum indicator remains in opposition above the average line, indicating strong bullish potential.

Traders should exercise caution and consider a sell signal from the TD Sequential indicator on the 4-hour chart. The call to sell RVN came in a green nine candlestick, indicating a weakening uptrend, especially in the short term.

Sell ​​orders are recommended after traders determine that the high of the sixth and seventh candles in the number has been exceeded by the eighth or ninth.

RVN/USD 4-hour chart

Despite this sell signal, a pullback is an unlikely outcome for Ravencoin’s price, given above all larger moving averages, even in a shorter time frame. The next confirmation of an uptrend would be a rise above $0.03, likely before the end of the weekend.

Altcoins to Consider for Bigger Profits in 2023

Investors may want to diversify their crypto portfolios with new pre-sale altcoins with solid fundamentals that could experience a rally upon launch on exchanges. The tokens listed here are sold at a good price and give investors the chance to be early adopters. Based on the solutions they bring to the crypto gaming and fitness arenas, these tokens could shape the future of the industry.

Meta Masters Guild (MEMAG)

Investors seem to be very interested in Meta Masters Guild (MMG), the world’s first mobile-focused Web3 gaming platform. The first round of MMG’s presale sold out in a week, with investors currently buying 1 MEMAG for $0.013. So far, the team has raised over $825k and expects to advance to the fourth round in just over a week.

Meta Masters Guild claims to outperform other existing play-to-earn crypto projects such as The Sandbox (SAND) and Axie Infinity (AXS) by bringing blockchain gaming closer to people on mobile devices.

In addition to removing barriers to entry, players earn rewards in Gems, an in-game currency that can be exchanged for MEMAG tokens for wagering purposes. Users can also cash out gems by converting them to other cryptos. Since Meta Masters Guild is a Web3 platform, Gems are used to purchase NFTs and other in-game supplies.

Three games are currently in development, including Meta Kart Racers – a PvP game for mobile devices in collaboration with Gameround, a well-known game developer. Raid NFT is the second game that allows players to earn tradable NFTs and gems. The third game is Meta Masters World, which contains an extensive metaverse.

Visit Meta Masters now

Fight Out (FGHT)

Those interested in forming healthy move-to-earn routines need look no further than Fight Out, a revolutionary Web3 fitness platform. Pre-selling FGHT was not difficult given how affordable the ecosystem intends to make the fitness lifestyle.

Fight Out presents itself as the ultimate bridge between Web2 users and the Web3 world thanks to its simple, user-friendly technical solutions. A fitness application under development ensures that each user’s needs and goals are captured from the start.

After initial login, users are asked to provide a fitness background, indicate what equipment they have access to, and enter their preferred workout types and available time intervals. The versatile app also monitors statistics such as sleep patterns and nutrition.

Fight Out plans to open a chain of gyms worldwide to meet the needs of community members. Unlike other fitness platforms, Fight Out offers personal training programs that eliminate the need for personal trainers.

Members also earn an in-app currency called REPS for completing workouts and challenges. Users are given the opportunity to cultivate unique digital avatars as they progress in their fitness journeys, which are used as NFTs to access the metaverse.

The Fight Out presale has raised $3.08 million supported by a 50% bonus for purchases made before the $5 million threshold.

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Calvary (RIA)

Calvaria is wrapping up its presale rounds as it raised $2.87 million. The presale ends when the final milestone of $3,075,000 is reached, or no later than January 31, 2023, whichever comes first.

The latest round of pre-sales appears to be moving quickly as investors act on FOMO. So far, the people who bought the RIA in the first round for $0.01 have made a 225% gain on paper. Nevertheless, it is not too late as RIA is likely to rise after the initial listing on the BKex and LBank exchanges.

Calvaria is getting a lot of attention, especially among play-to-earn enthusiasts. Moreover, non-crypto players will also have the chance to start with the mobile version of the game before taking the next step to the play-to-earn blockchain-based version.

Calvaria’s Duels of Eternity surpasses rivals like Splinterlands and Gods Unchained thanks to the use of 3D characters as part of their commitment to AAA game design standards.

Visit Golgotha ​​now

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