These 2 Altcoins Could Be the Next Ones to Initiate Upward Moves

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In Brief
  • RVN has broken out from a descending resistance line.

  • The price has created a triple bottom combined with bullish divergence in the RSI.

  • Theta has broken out above the 1,550 satoshi level and validated it as support. It faces resistance between 2,700-3,200 satoshis.

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Theta Token (THETA) has broken out above an important resistance level and validated it as support afterwards. RVN has yet to break out but is showing strong signs of a reversal. Ravencoin (RVN) Cryptocurrency trader @IncomeSharks outlined an RVN chart in which the price is exiting his buy zone, which is found at 200 satoshis. As for the target for this movement, he has outlined the 250

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Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.

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