RAVE Crashes From $27 ATH to Near $11 After Violent Reversal

• Analyst Hrithik said RAVE “continues to crime pump” before later posting that it had crashed from $25 to $11.
• Analyst Nebraskangooner highlighted the weekly candlestick after the reversal, noting the size of the upper wick.
• CoinGlass data shows market cap falling to about $2.82 billion after earlier trading above $6 billion and briefly near $7 billion.

RAVE surged hard before crashing within hours, wiping out a large part of the day’s gains and leaving behind a deeply damaged chart. On X, analyst Hrithik first warned that “$RAVE continues to crime pump” and added that he had “seen this movie many times: the team holds all of it; they crime it to hell.” At that stage, his chart showed RAVE near $23.40, up 24.9% on the day.

Later, Hrithikk posted a second update saying, “$RAVE just crashed from $25 to $11.” That warning aligned with the intraday break…

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