Market Overview: Ravencoin/Tether (RVNUSDT) – October 14, 2025

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• RVN/USDT declines from $0.01034 to $0.0097, a 6.2% drop over 24 hours.• Price breaks below the 50-period moving average and shows bearish divergence.• Volume spikes at key lows, but turnover fails to confirm strength.• Bollinger Bands expand during the drop, showing increased volatility.• RSI enters oversold territory, suggesting potential for a near-term rebound.

Ravencoin/Tether (RVNUSDT) opened at $0.01034 on October 13, 2025, and reached an intraday high of $0.01057 before closing at $0.0097 as of 12:00 ET on October 14. Over 24 hours, the pair saw a total volume of ~105.3 million RVN and a notional turnover of ~$1,020,000, reflecting heightened bearish interest and increased volatility.

Structurally, RVNUSDT has fallen below key support levels established by the 20- and 50-period moving averages on the 15-minute chart. A notable bearish candlestick pattern, the hanging man, appears near the $0.01025 level, which may indicate a potential continuation of the downtrend. The 61.8% Fibonacci retracement from the recent high of $0.01057 sits near $0.01020, now acting as a resistance-turned-support level. Traders should monitor this zone for signs of reversal or breakdown.

MACD turned negative in the late hours of October 13, confirming bearish momentum, while RSI has entered oversold territory, indicating a potential pullback. Bollinger Bands show expansion during the price drop, suggesting increased volatility. However, the lack of a strong reversal candle at the $0.0097 level and the absence of bullish volume at this point raise concerns about the sustainability of a rebound. The 20-period moving average may serve as near-term resistance.

The backtesting strategy described assumes a MACD death cross as a trigger for short entries and a pullback to a five-day low as an exit. Given the current MACD signal, a similar approach could be considered for RVNUSDT, particularly if the pair confirms a breakdown below $0.0095 with strong volume. This would align with the technical indicators suggesting weak momentum and a possible continuation of the downtrend.