#ravewildmoves RAVE went from $28 to $1.36 – what just happened?
$RAVE just had one of the wildest rides in crypto history.
The move:
Phase Price What happened
Pump $0.25 → $28 +10,000% in 2weeks
Crash $28 → $1.36 -95% in 2 days
Current $1.71 Trying to find a floor
Why the pump?
Suspected short squeeze. Insiders allegedly moved tokens to exchanges to trick traders into shorting, then blew them up -1.
Why the crash?
On-chain detective ZachXBT exposed the manipulation. Binance and Bitget launched investigations. RAVE dumped 68% in one day -6.
Key levels now:
Level What it means
$0.51 Critical support
$1.71 Current price
$4.72 Next resistance
What I'm watching:
A manipulation address just moved another $10.67M to a CEX . More selling could be coming.
My take:
10,000% pumps with no news = almost always a trap. This one got caught.
Were you in this trade or watching from the sidelines?
Educational only. Not financial advice.