This guy who posted a few days ago has a good explanation with which I totally agree.
In short, RVN gives miners good reasons to get involved, but few reasons for investors. Also there are not enough exchanges available for traders to jump in.
What the hell is happenning with the price of RVN. Its driving me nuts. Is it another story of price manipulation?
I don't understand what's wrong with the price of RVN specifically. I see that every coin first fell a lot and then the last 6 days or so has been increasing in value little by little.
RVN had an about average price action in comparison to other coins, even considerably more positive sometimes (again, compared to other coins).
It will happen.
Currently it is a miners coins it will need to also become a traders coin and an investors coin.
Miners love mining it and purchasing a little bit more when the price is low.
There are a few investors and some traders.
Once more things happen e.g. the Asset layer and large exchanges, which will help it get in a few headlines more investors and traders will come.