A likely halving scenario. . .

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A likely halving scenario. . .

With the first Ravencoin reward halving coming up, there is alot of speculation here. Just wanted to share my analysis based on the data from typical peer-coin halvings: There will certainly be a price spike during the week of the mining rewards being cut in half… only question is where will price settle before then. We are seeing good support now in the .07 – .088 range. I believe this is likely the base level going into halving. I expect price to re-test the ATM at around .30 going into halving day.. after that it's anyone's guess. However, If it does indeed go parabolic (.5o – 1.oo level), than you can expect an equally strong pullback in the following days… Personally, what I'd rather see is a nice steady move up to .2o – .3o range, as that could be indicative of a "new base" range for RVN going into 2022. Cheers to your success!

submitted by /u/SammyFortunato
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