$RVV
Alright, RVV traders, let's talk about that rollercoaster ride. This chart paints a picture of a coin that spent weeks grinding lower, practically hugging the floor from late November right into mid-December. Not much excitement, just a slow bleed.
Then, out of nowhere, RVV decided to celebrate Christmas early. Around December 20th, it started a vertical climb, pumping hard from sub-$0.004 to nearly $0.010 by December 27th. The OI-Weighted indicator turned green and pushed up during this period, confirming some serious buying interest was fueling that rally. For a moment, it looked like RVV was on a proper moon mission.
But then, the holiday spirit evaporated. Post-Christmas, RVV absolutely melted down. A brutal, swift crash wiped out nearly all those gains in just two days, plunging back below $0.004. Notice that massive red dump in the OI-Weighted? That screams liquidation cascade or aggressive shorting pressure. Anyone who went long at the top got absolutely crushed.
Now, we're seeing a slight bounce back, but it's small potatoes compared to the previous devastation. RVV needs some serious volume and conviction to overcome that epic dump. Tread carefully, folks. The volatility here is wild.
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