RavenCoin Buy Volume

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A Noteworthy Volume Anomaly

There is noticeable volume action on the RVNBTC recently. The first chart shows 2 key things:

  • After the last low was broken the 2 subsequent dips were bought-up and not sold-down
  • The recent buy sideways consolidation volume is higher than the previous sideways consolidation lows buy volume

Zoom In

The 2nd chart is zoomed in with 2 key levels noted. Strong support for bulls would see a bounce from the green box. Strength buyers are looking for a breakout above the red box that is converged with the red moving average.

Disclosure. The author owns a small bag of RVN.

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