RVN successfully broke above the descending trendline resistance that had capped price action since January 2025 highs. RSI climbed from oversold levels to 66.49 while Awesome Oscillator flipped positive, confirming the trend reversal. Ravencoin’s recent pattern shows a strong indication that the price may be about to change its direction after being stable for some time. As per CMC data, it is currently trading at $0.014735 with an intraday gain of 20%, suggesting bullishness. Moreover, RVN has managed to break through a major descending trendline that had been stopping it from rising since January 2025. The technical chart shows that the RVN price has been falling since late December 2024. However, after touching a support level of $0.008957, the token showed an impressive bounce. The recent move above the upper resistance shows that the market is turning bullish, backed by the RSI rising from a low of 30 to 66. Key indicators are pointing in the direction of continued growth. The RSI is currently at 66.49, which means the market is doing well and is not overbought, and the recent crossover above the 50 line indicates that Ravencoin has turned bullish. The AO has changed to a positive reading at 0.002194, meaning that the market’s momentum is now positive, as seen by the green bars. What’s Next in Ravencoin Price? Source: Tradingview Bolinger band analysis shows price breaking above the middle band and coming close to the upper band. The bands are narrowing during consolidation, which usually indicates that the market is quiet before a big change in prices. The current growth in the bands is consistent with the breakout theory. The AO histogram reveals that more traders are taking part in the market now, as the oscillator has clearly moved into positive territory. The increase in volume confirms the breakout and suggests that institutions or whales may be buying the asset. Now, the broken trendline acts as a moving support point for the price around $0.012-0.013. If prices stay below this level for a while, the bullish outlook will no longer be valid. Yet, if the current trend holds, the first resistance area is expected at $0.020, which is the 38.2% Fibonacci retracement of the major fall from the January top. The technical signs hint that RVN could be starting a new accumulation phase, and its price could rise further if the crypto market stays favourable.