RAVE pushed hard from the 0.27 base and printed a strong higher high near 0.3920. After that move price entered a sideways consolidation range between 0.36 and 0.39. This shows strength because sellers are not able to push price back to the origin of the move. Holding above 0.35 keeps the trend intact and a clean break above 0.392 could open the door for continuation. Failure below 0.35 would signal exhaustion and short term distribution.
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$RAVE USDT
RAVE pushed hard from the 0.27 base and printed a strong higher high near 0.3920. After that move price entered a sideways consolidation range between 0.36 and 0.39. This shows strength because sellers are not able to push price back to the origin of the move. Holding above 0.35 keeps the trend intact and a clean break above 0.392 could open the door for continuation. Failure below 0.35 would signal exhaustion and short term distribution.