- Revain uses AI technologies and a manual review mechanism.
- The 4-hour chart shows a bullish breakout of the long-term resistance trendline.
First to integrate conventional review sites with blockchain technology, Revain. With new technologies like machine intelligence and blockchain, Revain’s ultimate aim is to establish a good and authentic feedback system for all worldwide goods.
Revain uses AI technologies and a manual review mechanism to guarantee high-quality reviews. Revain was founded in 2018 by a group of Russian IT professionals.
The daily technical chart of the REV coin displays a bullish engulfing candlestick formation. The bullish mood is increasing, culminating in a breach of the short-term downtrend.
Strong Bullish Momentum
Intraday volume increase over the 20-day MA suggests increasing buying pressure. In a bullish alignment, the daily EMAs increase, indicating a rally.
REV Tokens are worth $0.00189. That’s a +25.20 percent gain in the past 48 hours. Moreover, this indicates a bullish trend.
The 4-hour chart shows a bullish breakout of the long-term resistance trendline. Investors may view the price-action drop to trendline as a low-risk entry point.
Price movement indicates demand levels of $0.0175 and $0.0160. To extend the bullish trend from either support level, bulls may face resistance around $0.0195 to $0.0220.
The 4-hour EMAs are stronger, with a high probability of a golden cross owing to the price increase with a positive slope. A bullish move may keep prices stable. The chart’s inclination volume also points to a strong bull run.
The parabolic SAR shows the bulls are still battling the bears. Furthermore, on a smaller period, the bulls have surpassed trend control. Moreover, the RSI indicator shows a massive bullish rise. According to CoinMarketCap, Revain’s price today is $0.018719 USD with a 24-hour trading volume of $2,531,331 USD.