RaveDAO jumps 16% as bullish bets surge – Can RAVE break $0.40?

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RaveDAO surged 16.25% in a single day, breaking out of a prolonged consolidation phase to hit a six-week high of $0.369. Trading volume climbed 147% to $13.7 million, while derivatives volume exploded 211% to $83 million. On Binance, the Long/Short Ratio crossed above 4, signaling strong bullish conviction among speculators. The Relative Strength Index (RSI) stands at 64, confirming the buying momentum. If demand holds, RAVE could target $0.40, then $0.48 ; if it fades, the token may drop back toward $0.28.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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