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RAVE: Retraces to Final Support After 300% Failure | Flash News Detail | Blockchain.News
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6/24/2026 2:45:00 PM

RAVE: Retraces to Final Support After 300% Failure

RAVE: Retraces to Final Support After 300% Failure

RAVE at $0.28 on last support zone after April 300% bounce failure, with bearish 4h confluence on EMA50 and MACD death cross.

Source

Analysis

RAVE has fully retraced to its April support zone at $0.28 after a 300% bounce failed to hold, according to @RhythmicAnalyst on the contract 0x17205fab260a7a6383a81452ce6315a39370db97.

Price action now tests upper Bollinger resistance at $0.3 with RSI(14) at 43.91 remaining neutral and MACD locked in a bearish death cross below zero; this confluence points to a probable retest of EMA50 at $0.3 before any deeper probe of the lower band at $0.27, sharpening RAVE price prediction scenarios amid broader crypto market conditions.


Mihir

@RhythmicAnalyst

Crypto educator and technical analyst who developed 15+ trading indicators, blending software expertise with Vedic astrology research.

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