Revain Price Analysis: REV Token Price Is Struggling To Cross The $0.19 Mark
- 3 years ago
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On 20th July, the REV token showed a remarkable 160% price recovery after it bounced from the $0.7 support level. This new bullish rally has knocked several strong resistance on its way, and today it is at $0.17 with an 18.3% gain. However, as for now, the price is struggling to break out from a crucial resistance area of around $0.20, making the price wobble between the $0.18 and 0.137 levels.
Concerning the EMA’s, the REV token chart shows a bullish crossover of the 20 and 50 EMA, attracting more buyers in the coin. However, coinciding with the $0.19 resistance, the 100 EMA provides strong resistance to the REV token.
#REVAIN #REVAINCOIN #REVAINCRYPTO
The RSI (BULLISH) value is at 65, indicating a bullish sentiment in the market. However, the RSI line shows a bearish divergence, indicating weakness in the bullish momentum.
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On 20th July, the REV token showed a remarkable 160% price recovery after it bounced from the $0.7 support level. This new bullish rally has knocked several strong resistance on its way, and today it is at $0.17 with an 18.3% gain. However, as for now, the price is struggling to break out from a crucial resistance area of around $0.20, making the price wobble between the $0.18 and 0.137 levels.
Concerning the EMA’s, the REV token chart shows a bullish crossover of the 20 and 50 EMA, attracting more buyers in the coin. However, coinciding with the $0.19 resistance, the 100 EMA provides strong resistance to the REV token.
#REVAIN #REVAINCOIN #REVAINCRYPTO
The RSI (BULLISH) value is at 65, indicating a bullish sentiment in the market. However, the RSI line shows a bearish divergence, indicating weakness in the bullish momentum.