Ravencoin (RVN), a digital peer-to-peer network was created in 2018 as an alternative to major cryptocurrencies such as Bitcoin and Ethereum. Despite a significant drop in price since its peak in 2021, experts believe that it still has potential due to its strong market cap and potential for growth. Investing in Ravencoin could be a profitable move in the long term, but it is important for investors to do their own research before making any purchases due to the volatile nature of the cryptocurrency market. Read on to discover more about its price predictions.
Article by David Cox
Ravencoin is currently at the #114 rank in the cryptocurrency market. It had an ATH of $0.2854 on Feb 20, 2021, while the current price is only $0.02124, down by 92.54% from its ATH. Has the RVN token lost its charm? Will RVN crypto recover in the future? Find out answers to all these and other relevant queries in our Ravencoin price prediction and much more.
- Based on the Ravencoin price prediction 2023, the RVN token is anticipated to reach $0.0456 by the end of this year.
- The RVN crypto is expected to have minimum and maximum prices of around $0.0499 and $0.0718, respectively, as per our Ravencoin price prediction 2025.
- As per our RVN price prediction 2030, the coin will have a maximum price of $0.233, while the minimum price may be around $0.162.
What is Ravencoin?
Even though highly influenced by Bitcoin, businessmen Bruce Fenton, Joel Weight, and Developer Tron Black had different ideas for coining Ravencoin in 2018. The expert software developer team of Ravencoin did not intend to sell tokens to the public initially. However, while launching this digital peer-to-peer network, they got enormous subsidies from Overstock.com Medici Ventures.
Exploring the immense benefits of the Proof-of-Work blockchain, a mining algorithm called KAWPOW replaced X16R and X16RV2 on May 6, 2020. Not only does this ensure security, but it is designed to be ASIC-resistant, but also, this blockchain platform went on to be the pioneer, positioning itself as an alternative to other esteemed digital assets like Ethereum, Bitcoin, and Stellar, to name a few.
Facilitating the issuance of tokens for various purposes, including representing real-world assets and NFTs, Ravencoin may have taken a small step towards developing customer-friendly solutions. Still, it has proved a giant leap for the entire DeFi eco-space.
Is Ravencoin A Safe Investment After Ethereum Merge?
Since the completion of Ethereum Merge, Ravencoin has been viewed as a potential winner. The RVN token’s price had surged significantly. But why is Ravencoin suddenly going up?
Why is Ravencoin Going Up?
One of the biggest reasons is that Ravencoin is a fork of the crypto king, that is, the Bitcoin (BTC) network. RVN is specifically designed to aid the development and transfer of digital assets between two parties. BTC’s PoW consensus mechanism technically powers RVN. Miners who believe that Ravencoin will see a price rise will migrate to the network to keep earning fair compensation for their invested resources and hard work.
Not just that, since Ethereum mining is now obsolete, they are looking for alternatives, and a lot of them are considering Ravencoin. It is because the Ravencoin network has a lot of use cases, such as substantially lower costs and faster speeds. Thus, RVN has rallied after the increased mining activity.
Ravencoin Technical Analysis
Ravencoin price analysis suggests the RVN token needs a lot of investors to gain the bullishness it had in the past. 2020 might have seen the RVN price hovering around its crucial support level of $0.020. Later, it boosted the market sentiment phenomenon drastically from the beginning of 2021. Ravencoin kept its momentum onward for that year but could not keep the same for the year 2022.
As per the technical analysis and short-term projection, the coin is currently going through a downward momentum in the year 2023. Since the ATH in the year 2021, the token has been trading downwards with in-between pickups. But at no instance, the token could surpass the $0.15 mark. Currently, it trades at a low of $0.02116 (while writing) and has a huge market cap of $269,281,695.78.
So is Ravencoin a good investment? Definitely, yes, as continuous upgradation of the Ravencoin blockchain will eventually aid the price rally. The historical performance does not guarantee the future earning potential of the coin. Any predictions are only for information purposes, not investment advice. You must perform your own research before you buy Ravencoin.
The current price of Ravencoin stands at $0.02137, with a market cap of $269,281,695, a fully diluted market cap of $444,878,861, and a 24-hour trading volume of $18,520,868 (while writing). The circulating supply of Ravencoin in the market is 12,711,135,785 RVN. Even though it is a late entrant in the market, it has a crypto asset nomenclature. The following Ravencoin price prediction by experts are quite optimistic:
Based on our Ravencoin price prediction, a price fall is expected. The same is to be continued in the next year as well; the RVN coin price prediction for 2023 year-end indicates that the price may be $0.00117.
Wallet Investor
The price of Ravencoin seems to be showing a positive price trend. It may offer considerable returns to its investors by reaching around $0.0469 by the end of 2023. The RVN price prediction indicates it is the best time to buy Ravencoin at the lowest price going by the trend.
Digital Coin Price
Ravencoin price is expected to rally further towards the next target at $0.36089 by 2024. However, the price may continue to consolidate for an extended period before making another attempt to hit the new upper targets.
Coinpedia
Based on our Ravencoin price prediction, the RVN crypto has a promising future with a robust market cap. The coin may get marginally impacted, but bulls will be back, and over the next 5 years, the price of RVN may be $0.358, proving a good long-term investment asset.
GOV Capital
Ravencoin is predicted to start in September 2023 at $0.0250 and finish the month at $0.03595. During September, the maximum forecasted RVN price is $0.03631 and the minimum price is $0.02469.
Crypto Predictions
In December 2023, the maximum price of RVN will be around $0.0239, and the minimum price is $0.0207. The average RVN price for December is expected to be around $0.0223.
Changelly
Ravencoin Price Predictions: 2023-2030
Year | Minimum price | Maximum price |
---|---|---|
2023 | $0.0188 | $0.0456 |
2024 | $0.0398 | $0.0572 |
2025 | $0.0499 | $0.0718 |
2026 | $0.0634 | $0.0913 |
2027 | $0.0824 | $0.119 |
2028 | $0.104 | $0.149 |
2029 | $0.128 | $0.185 |
2030 | $0.162 | $0.233 |
Cryptocurrency forecast is not an easy task; so much uncertainty and volatility. This makes the forecast process challenging. However, this is where technical analysis comes into the picture for crypto assets. The more research and analysis, the lesser your chances of losing money rapidly.
Ravencoin cryptocurrency has become successful in breaking free from the conventional methodologies of transactions in the cryptocurrency market. Ravencoin’s native currency, RVN, is traded on various exchanges by millions of users worldwide and is yet to position itself in the mainframe of investment-worthy currencies.
For the long term, you can explore our Ravencoin price prediction to have an idea about the future of RVN crypto.
RVN Price Prediction 2023
In the year 2023, the token can reach a maximum level of $0.0456, and the minimum level may be $0.0188 based on our Ravencoin predictions for 2023. At the same time, the coin will trade at an average of $0.0322. The price change may be around 139%, which is a significant growth compared to the current price.
Month | Minimum price | Maximum price |
---|---|---|
July | $0.0265 | $0.0341 |
August | $0.0280 | $0.0371 |
September | $0.0293 | $0.0407 |
October | $0.0303 | $0.0435 |
November | $0.0314 | $0.0447 |
December | $0.0320 | $0.0456 |
Ravencoin Prediction 2024
Based on our RVN forecasts for 2024, the maximum level of the token may be $0.0572 in the crypto world. In comparison, the minimum and average prices are forecasted to be $0.0398 and $0.0485.
Month | Minimum price | Maximum price |
---|---|---|
January | $0.0398 | $0.0450 |
February | $0.0450 | $0.0459 |
March | $0.0459 | $0.0476 |
April | $0.0468 | $0.0489 |
May | $0.0476 | $0.0503 |
June | $0.0489 | $0.0511 |
July | $0.0498 | $0.0520 |
August | $0.0511 | $0.0533 |
September | $0.0524 | $0.0546 |
October | $0.0533 | $0.0555 |
November | $0.0520 | $0.0564 |
December | $0.0538 | $0.0572 |
Ravencoin Price Prediction 2025
The coin may trade in a range of $0.0499 to $0.0718, where $0.0718 is the maximum level while $0.0499 is the minimum level based on our RVN price prediction 2025. While the average forecast price is expected to be $0.1107. Ravencoin’s price growth indicates that it will be a profitable investment in the crypto market.
Month | Minimum price | Maximum price |
---|---|---|
January | $0.0499 | $0.0564 |
February | $0.0564 | $0.0575 |
March | $0.0575 | $0.0597 |
April | $0.0586 | $0.0614 |
May | $0.0597 | $0.0630 |
June | $0.0614 | $0.0641 |
July | $0.0625 | $0.0652 |
August | $0.0641 | $0.0669 |
September | $0.0658 | $0.0685 |
October | $0.0669 | $0.0696 |
November | $0.0652 | $0.0707 |
December | $0.0674 | $0.0718 |
Ravencoin Forecast 2026
After looking at the past performance, it is expected that Ravencoin’s price will see a maximum level of $0.0913, with a minimum level of $0.0634 for the year 2026. Our RVN crypto price prediction expects the coin to have a bullish trend with an average price of $0.0774.
Month | Minimum price | Maximum price |
---|---|---|
January | $0.0634 | $0.0718 |
February | $0.0718 | $0.0732 |
March | $0.0732 | $0.0760 |
April | $0.0746 | $0.0781 |
May | $0.0760 | $0.0802 |
June | $0.0781 | $0.0815 |
July | $0.0795 | $0.0829 |
August | $0.0815 | $0.0850 |
September | $0.0836 | $0.0871 |
October | $0.0850 | $0.0885 |
November | $0.0829 | $0.0899 |
December | $0.0857 | $0.0913 |
RVN Price Prediction 2027
According to our analysis and prediction, the minimum, average, and maximum prices are expected to be around $0.0824, $0.100, and $0.119, respectively, for RVN in the year 2027. Ravencoin ultimately is expected only to go up in a long-term perspective.
Month | Minimum price | Maximum price |
---|---|---|
January | $0.0824 | $0.0932 |
February | $0.0932 | $0.0950 |
March | $0.0950 | $0.0986 |
April | $0.0968 | $0.101 |
May | $0.0986 | $0.104 |
June | $0.101 | $0.106 |
July | $0.103 | $0.108 |
August | $0.106 | $0.110 |
September | $0.109 | $0.113 |
October | $0.110 | $0.115 |
November | $0.108 | $0.117 |
December | $0.111 | $0.119 |
Ravencoin Crypto Price Prediction 2028
As per our Ravencoin forecast, the coin’s price may be between $0.104 to $0.149 in 2028, with an average price of $0.127. At the same time, the RVN technical analysis reveals that the percentage change may be 50%.
Month | Minimum price | Maximum price |
---|---|---|
January | $0.104 | $0.117 |
February | $0.117 | $0.120 |
March | $0.120 | $0.124 |
April | $0.122 | $0.128 |
May | $0.124 | $0.131 |
June | $0.128 | $0.133 |
July | $0.130 | $0.136 |
August | $0.133 | $0.139 |
September | $0.137 | $0.143 |
October | $0.139 | $0.145 |
November | $0.136 | $0.147 |
December | $0.140 | $0.149 |
RVN Forecast 2029
By 2029 end, our Ravencoin analysis expects the coin to have an average price of $0.157, while the maximum value may be $0.185 and the minimum value may be $0.128. Ravencoin is an excellent investment for the long term.
Month | Minimum price | Maximum price |
---|---|---|
January | $0.128 | $0.145 |
February | $0.145 | $0.148 |
March | $0.148 | $0.154 |
April | $0.151 | $0.158 |
May | $0.154 | $0.162 |
June | $0.158 | $0.165 |
July | $0.161 | $0.168 |
August | $0.165 | $0.172 |
September | $0.169 | $0.176 |
October | $0.172 | $0.179 |
November | $0.168 | $0.182 |
December | $0.173 | $0.185 |
Ravencoin Price Prediction 2030
As per the latest industry news, technical analysis, and RVN price prediction 2030, Ravencoin might reach the highest price of $0.233, and the average trading price might touch $0.198 soon. At the same time, the minimum price of may be around $0.162 for the entire year.
Month | Minimum price | Maximum price |
---|---|---|
January | $0.162 | $0.183 |
February | $0.183 | $0.187 |
March | $0.187 | $0.194 |
April | $0.190 | $0.199 |
May | $0.194 | $0.205 |
June | $0.199 | $0.208 |
July | $0.203 | $0.212 |
August | $0.208 | $0.217 |
September | $0.214 | $0.223 |
October | $0.217 | $0.226 |
November | $0.212 | $0.230 |
December | $0.219 | $0.233 |
Frequently Asked Questions
Is Ravencoin a good investment?
Based on the Ravencoin price forecast, it is predicted that it is profitable to invest in Ravencoin tokens for the long term and definitely a good investment, seeing the demand and inherent value. Investing is always done at your own risk, so always do proper research.
Does Ravencoin have a future?
RVN coin is growing not by leaps and bounds but is scaling gradually. Given the unleashed power of distributed web technology, Ravencoin definitely has a promising future and is a profitable investment based on our technical analysis and Ravencoin forecast.
Where to buy Ravencoin?
The top crypto trading exchanges for Ravencoin are currently Binance, Huobi Global, OKX, ZG.com, and VCC Exchange. You can compare the prices on exchange and decide based on your own research and study of price predictions before you buy and sell in the crypto market.
What will Ravencoin be worth in 2030?
Our Ravencoin forecast suggests that the coin will have a maximum value of $0.233 with a minimum value of $0.162, with price changes of around 45%. However, no one can predict the exact future price of cryptocurrencies. Investors have to do their own due diligence before investing.
Is it profitable to invest in Ravencoin?
In accordance with various Ravencoin predictions by experts, the future price of the RVN can reach $0.0718 by 2025, rising 237% from the current price. On a bullish note, the investment in Ravencoin cryptocurrency is undoubtedly profitable.
Will Ravencoin ever go up?
Yes! RVN token will definitely go up. According to Ravencoin prediction, the Ravencoin cryptocurrency can hit the maximum price level of $0.0718 within three years.
Can Ravencoin reach $1?
The long-term RVN prediction anticipates that Ravecoin will trade above $0.233 by 2030. So, it will take quite some time for the RVN token to hit the $1 mark, as predicted by our RVN forecast. If the coin somehow manages to outperform the competition and the psychological barrier of the investors, it may hit $1 sooner.
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Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.