{"id":53720,"date":"2025-06-05T12:00:59","date_gmt":"2025-06-05T12:00:59","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ravencoin-price-soars-150-amid-upbit-listing\/"},"modified":"2025-06-05T12:00:59","modified_gmt":"2025-06-05T12:00:59","slug":"ravencoin-price-soars-150-amid-upbit-listing","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ravencoin-price-soars-150-amid-upbit-listing\/","title":{"rendered":"Ravencoin price soars 150% amid Upbit listing"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/a-raven-soaring-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/a-raven-soaring-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/a-raven-soaring-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/a-raven-soaring-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Ravencoin price rode an Upbit listing announcement to skyrocket with over 150% gains.<\/li>\n<li>But the rally was short-lived as aggressive profit-taking wiped out much of the gains.<\/li>\n<li>The token is likely to rally amid improving sentiment.<\/li>\n<\/ul>\n<p>Ravencoin (RVN) rocketed by more than 150% in 24 hours, with massive gains coming amid the token\u2019s listing on Upbit, South Korea\u2019s largest cryptocurrency exchange.<\/p>\n<p>The announcement, made by Upbit via its official X account, noted that the exchange will add trading support for RVN against the Korean Won (KRW).<\/p>\n<p>RVN coin\u2019s surge saw it hit highs of $0.027, its highest level since mid-December 2024.<\/p>\n<h2>Ravencoin price \u2013 Upbit triggers 150% RVN rally<\/h2>\n<p>Upbit revealed the RVN\/KRW market support in a post on X, stating that trading support for the altcoin would commence at 17:00 local time.<\/p>\n<p>The exchange, known for its massive trading volume and customer base in <a href=\"https:\/\/coinjournal.net\/news\/tag\/south-korea\/\">South Korea<\/a>, often sees explosive demand for newly listed tokens.<\/p>\n<p>No doubt this is what drove Ravencoin (RVN)\u2019s price higher.<\/p>\n<p>An imminent listing for an altcoin seen as one of the best minable tokens today meant bulls were in control within hours of the announcement.<\/p>\n<p>Data from CoinMarketCap shows the token\u2019s price more than doubled in value as it rose from lows of $0.010 to $0.027.<\/p>\n<p>While a bit of profit taking had it pare these gains, the price remained more than 64% up in 24 hours, with intraday volume skyrocketing 4,255% to over $399 million.<\/p>\n<h2>RVN price outlook<\/h2>\n<p>In addition to the Upbit listing, Ravencoin is resurging amid a fresh spike in bullish sentiment related to mineable proof-of-work coins.<\/p>\n<p>Recently, the Ravencoin team <a href=\"https:\/\/x.com\/Ravencoin\/status\/1926770127493562484\" target=\"_blank\" rel=\"noopener\">posted on X<\/a> that RVN is currently seeing fresh interest from miners.<\/p>\n<p>With its KAWPOW algorithm designed to resist ASIC dominance and encourage decentralized participation, many unable to mine BTC and other top coins are flocking to <a href=\"https:\/\/coinjournal.net\/ravencoin\/mine\/\">Ravencoin mining<\/a>.<\/p>\n<p>This mining momentum, paired with the Upbit listing, could catalyse bullish momentum for RVN\u2019s price. A retest of $0.027 is possible.<\/p>\n<figure id=\"attachment_313253\" aria-describedby=\"caption-attachment-313253\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-313253\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/06\/rvn-usdt-price-chart.png\" alt=\"\" width=\"1057\" height=\"546\"\/><figcaption id=\"caption-attachment-313253\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/RVNUSDT\/\" target=\"_blank\" rel=\"noopener\">Ravencoin price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>The technical outlook nonetheless has the Relative Strength Index (RSI) in overbought territory, which suggests a potential short-term pullback.<\/p>\n<p>On the other hand, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, indicating a likely upward continuation.<\/p>\n<p>In this case, Ravencoin\u2019s price could revisit the $0.014-$0.013 area for support. Demand reload at this level and a successful retest of $0.02 could aid an upward flip. RVN price hit highs of $0.034 in early December 2024.<\/p>\n<p>On the downside, profit taking could see RVN price retest $0.010 and potentially April 2025 lows of $0.009.<\/p>\n<p>\u00a0<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-2.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/ravencoin-price-soars-150-amid-upbit-listing\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Ravencoin price rode an Upbit listing announcement to skyrocket with over 150% gains. But the rally was short-lived as aggressive profit-taking wiped out much of the gains. The token is likely to rally amid improving sentiment. Ravencoin (RVN) rocketed by more [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":53721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53720"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=53720"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53720\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/53721"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=53720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=53720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=53720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}