RVN is up by more than 9% today after the Ice Wallet statement

Ravencoin is up by 9% in the last 24 hr, making it the very best entertainer among the leading 100 cryptocurrencies by market cap.

RVN, the native token of the Ravencoin blockchain, is the very best entertainer among the leading 100 cryptocurrencies in the last 24 hr. It has actually included 9% to its worth up until now today, surpassing the more comprehensive market while doing so.

The cryptocurrency market is beginning the week in a favorable style, with the marketplace up by less than 1% over the last 24 hr. The overall crypto market cap stays listed below $1 trillion, regardless of today’s favorable efficiency.

Bitcoin is still trading listed below $20k after losing more than 1% of its worth in the last 7 days. The leading cryptocurrency is still selling the red zone today. Ether has actually preserved its position above $1,500 and is up by less than 1% on Monday.

Ravencoin’s favorable efficiency follows a freezer wallet was exposed for the RVN coin. The Ice Wallet Storage will quickly introduce and will support the RVN coin.

Freezer hardware wallet coming quickly just to Ravencoin $RVN. Developed for Ravencoin & & Ravencoin Assets. i #This is a substantial offer for Ravencoin. It’s a freaking hardware wallet guy! &#x 1f4a5;@IceWalletCold https://t.co/jbwQHwShTc pic.twitter.com/etUz6N2kjf

— Leon Ravencoin (@leon_texas) September 4, 2022

Secret levels to see

The RVN/USDT 4-hour chart is favorable, as Ravencoin has actually been carrying out well over the previous 24 hr. The technical indications reveal that RVN is surpassing the more comprehensive cryptocurrency market.

The MACD line is within the favorable area, suggesting bullish momentum for Ravencoin. The bullish momentum comes as the more comprehensive market is recuperating from its current bearish depression.

The 14-day relative strength index of 61 programs that RVN might go into the overbought area if the rally can be preserved.

At press time, RVN is trading at $0.03203 per coin. If the bullish momentum continues, RVN might rise past the $0.035722 resistance level prior to completion of the day. Nevertheless, it would require the assistance of the more comprehensive crypto market to cross the $0.040577 resistance level in the short-term.

The bears may gain back control of the marketplace and push RVN listed below the $0.028675 assistance level. Nevertheless, RVN ought to conveniently safeguard its position above the $0.024799 assistance level in the near term.