Ravencoin Surges 69% Post Upbit Listing, AB Jumps 153% on Exchange Debuts, Keeta Hits Record High 262%

Ravencoin, a proof-of-work cryptocurrency created as a hard fork of Bitcoin, has seen a recent surge in price following its listing on Upbit, the largest exchange in South Korea. This listing provided Ravencoin with access to millions of customers, driving its price to a high of $0.0257, the highest point since December of the previous year. However, the price subsequently pulled back to $0.01570. Despite this pullback, Ravencoin's price remains slightly above the key resistance level at $0.01428, which was the highest swing on May 13. Additionally, it has jumped above the 50-day Exponential Moving Average (EMA), indicating that bulls are still in control. The coin also remains above the 23.6% Fibonacci Retracement level, with the MACD pointing upwards. This suggests that Ravencoin will likely continue to rise as bulls target the 38.2% retracement point at $0.01912. However, a drop below the support at $0.0142 will invalidate the bullish outlook.

AB, a blockchain project offering modular technology for fast and secure transactions, smart contract execution, and decentralized governance, has also seen a recent price jump. This increase followed its listing on several exchanges, including Binance, Bitget, and MEXC. On-chain data indicates that AB's network is starting to grow, although from a low base. Since its inception, AB has handled over 1.5 million blocks and 29,792 transactions, with about 2.6k transactions per day and 23,611 addresses. However, its network utilization remains at 0.01%, suggesting a need for significant growth to justify its valuation. The daily chart shows that the AB token price bottomed at $0.004084 on May 26 and then bounced back to $0.01040, moving slightly above the key resistance level at $0.01. The Relative Strength Index and the MACD indicators have both pointed upwards, suggesting that the AB token will continue to rise as bulls target $0.015. However, AB is a thinly traded token, which may result in extreme price movements on some days.

Keeta, a blockchain network capable of delivering over 10 million transactions per second, aims to unify the blockchain industry by enabling users to move assets across multiple chains and create tokens representing real-world assets. The two-hour chart shows that the Keeta token price has performed well in recent days, reaching a record high of $1.4920, up 262% from its lowest point this year. Keeta recently moved above the key resistance level at $1.2400, its highest point on June 3, invalidating the double-top pattern that was forming. It has also retested that level, indicating potential gains to the psychological point at $2. A drop below the support at $1.2400 would invalidate the bullish Keeta price forecast.

In summary, Ravencoin, AB, and Keeta have all shown significant price movements recently. Ravencoin's listing on Upbit drove its price to a high of $0.0257, while AB's listing on major exchanges and growing network activity contributed to its price jump. Keeta's price reached a record high of $1.4920, driven by its ability to handle a large number of transactions per second and its goal of unifying the blockchain industry. Technical indicators suggest that all three tokens have the potential for further gains, but investors should be aware of the risks associated with thinly traded tokens and the need for significant growth in network utilization for some projects.