|Price to ATH
Ravencoin is a Proof-of-Work blockchain in that users can create tokens like the Ethereum network. RVN is the symbol of the native coin. Tokens built on the Ravencoin blockchain can be used to tokenize real-life assets. The blockchain is similarly designed to Bitcoin.
With a total market cap of over $219 million, Ravencoin is the No. 181 cryptocurrency by market size. The currency symbol for Ravencoin is RVN and it was launched in January 2018. Ravencoin uses the x16r hashing algorithm and it has a blocktime of 1 minute. There will only ever be 21 billion Ravencoin tokens issued. So far 11.9 billion tokens (56.7% of the total supply) have been issued.
The technical price analysis for Ravencoin below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Ravencoin.
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