These Two Altcoins Have Just Reclaimed Long-Term Support Levels

Share Article
In Brief
  • Ravencoin has reclaimed the 200 satoshi support level. The next resistance level is found at 265 satoshis.

  • MATIC has reclaimed the 205 satoshi area as support.

  • MATIC is still following a descending resistance line.

  • promo

    Gravity Dex Protocol: Bringing DeFi to Cosmos

The Trust Project is an international consortium of news organizations building standards of transparency.
On July 27, the prices for both Ravencoin (RVN) and Matic Network (MATIC) broke down below crucial support levels. However, they have both reclaimed their respective breakdown levels and have since validated them as support suggesting that the moves were fake-outs. The likely next step is a rally in both pairs. Ravencoin (RVN) The RVN price has been recovering since a considerable drop on July
×

BeInCrypto Premium - Register for FREE now.

BeInCrypto Premium - Register for FREE now.

Upgrade to continue reading

Register Now!
Sponsored
Share Article

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.

Follow Author

Market signals, studies and analysis! Join our Telegram Today!

Go

Market signals, studies and analysis! Join our Telegram Today!

Go

Market signals, studies and analysis! Join our Telegram Today!

Go