- •$RVN forms a falling wedge in the 12H timeframe, signaling a likely bullish breakout driven by increased buying pressure and trading volume.
- •Gravity Upgrade and prior IPFS integration strengthen Ravencoin’s network, enhancing decentralization, transaction efficiency, and long-term technical fundamentals.
- •Increased liquidity on Upbit and rising miner participation reflect strong community support, reinforcing RVN’s bullish trajectory and technical strength.
Ravencoin ($RVN) is showing signs of a strong technical setup. After gaining 10.14% in the last 24 hours, RVN is trading at an average of $0.01261. The surge, alongside high trading volume, signals renewed investor confidence in the project’s technical upgrades and future prospects.
Falling Wedge Signals Potential Breakout
In the 12-hour timeframe, RVN seems to be shaping up a classic falling wedge - a bullish signal that typically leads to a breakout. During the formation, the 0.0124 level has been acting as resistance, while the 50-day Exponential Moving Average is offering significant support.
There are signs that buyers are intensifying. For the RSI to spike above 80 is indicative of some short-term buying pressure, as is the bullish crossover on the MACD. Although some minor pullbacks may happen, the current structure leads me to conclude that RVN will breakout, as it has been holding above 0.0120 support zone.
Gravity and IPFS Upgrades Strengthen the Fundamentals
Beyond technicals, Ravencoin’s upcoming Gravity Upgrade, expected in Q4 2025, is set to halve block times to 45 seconds and reduce transaction fees dramatically to $0.0001. These improvements will enhance decentralization and efficiency for asset transactions.
The IPFS integration completed in July 2025 already expanded Ravencoin’s capabilities by enabling decentralized storage of metadata and legal documents. This has increased flexibility for asset issuers while supporting ASIC‑resistant mining and overall network decentralization.
Liquidity and Miner Activity Boost Outlook
Ravencoin’s trading activity has surged, especially on Upbit’s Layer‑2 platform, unlocking access to South Korea’s active retail market. The recent hard fork added cross‑chain mining capabilities, attracting more miners and strengthening network participation.
Social sentiment mirrors this optimism. Trading volume spiked after the Upbit listing, and whale activity suggests accumulation. The official Ravencoin account continues to highlight the network’s commitment to decentralized asset minting. With technical strength building in the 12H timeframe and the Gravity Upgrade on the horizon, $RVN is positioned for a potential breakout in the near term.