Without any real excitement on this sleepy Sunday, most of the cryptocurrency markets are subjected to awkward momentum. While most markets tend to keep their value stable, the Ravencoin price is retracing once again. An interesting turn of events, although things are not necessarily looking good.

Ravencoin Price Momentum Looks Worrisome

It is not entirely abnormal for alternative markets to lose one value over the course of the weekend. Although the top markets are in the green right now, it would appear some of the lower-ranked altcoins are not benefiting from this spell. Ravencoin is an interesting example in this regard, albeit not necessarily for the right reasons.

Over the past 24 hours, the Ravencoin price has lost 5% in UD value and 5.82% in BTC value. Both of these developments push the RVN price down to $0.052814, or 996 Satoshi. Traders and holders will not be too happy with how things are going, although there isn’t much to warrant an uptrend.

On social media, there are a lot of interesting discussions…

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Source: https://themerkle.com/ravencoin-price-dips-by-5-as-outlook-remains-bearish/