The last time I uploaded $RVNC was in April, I showed that this would hit the blue line and reject and I have attached the 2 charts above, the price hit the blue line and rejected very aggressively. The price has lost the 50 and 200 Day MA very quickly too and is on track to continue down to our projected level a lot sooner than as expected because of this decline.
The price will need to consolidate within the blue range now.