ZachXBT: Exposes $RAVE Pump-Dump Scheme
ZachXBT uncovers $RAVE pump-dump on Bitget, Binance, Gate, offers $10K bounty for whistleblowers amid RAVE price prediction volatility and crypto market manipulation concerns.
SourceCrypto investigator ZachXBT just dropped a bombshell on $RAVE, pinpointing pump-and-dump schemes originating from exchanges like Bitget, Binance, and Gate. He's demanding action from Yi He at Binance and Gracy Chen at Bitget to launch internal probes and boot the culprits, while slapping down a personal $10K bounty for whistleblowers spilling the details. This hits as RAVE rides a wild wave, echoing similar scams that tanked tokens like HYPE and MON over the past six months, raising alarms on exchange oversight in the crypto market crash era.
Zooming into the RAVE 4-hour chart, we're seeing a textbook bullish setup with price at $26.36 blasting through the EMA50 at $13.05 and towering over the EMA200 at $4.95, confirming that golden cross on the MACD at 4.03—pure momentum fuel. But watch out: RSI screaming overbought at 77.11 while price hugs the upper Bollinger band at $27.55, signaling exhaustion; I'd bet on a sharp pullback to test that EMA50 support before bulls reload for the next leg up, especially with the lower band at $7.79 acting as a deep safety net in this volatile RAVE price prediction landscape.
ZachXBT
@zachxbtZachXBT is an Pseudonymous independent on-chain sleuth who is popular on revealing bad actors and scams in the crypto space