$RVN shows an enormous return in the last 24 hours after being listed on a large exchange
The first reason behind the impressive 50% rally could be tied to the positive performance of the currency in terms of technical analysis. RVN moved past its 50-day moving average like it was nothing and reached the 200-day moving average, which is the next major resistance level.The successful breakout that correlated with the large exchange listing attracted more trading volume to the cryptocurrency, which fueled the massive rally.
Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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