THELOGICALINDIAN - Rubycoin Price Key Highlights
Rubycoin amount assemblage looks like at a accident of a break, as there are a few signs arising of a bearish pressure.
The Rubycoin amount traded aloft yesterday’s aerial and acquaint a new aerial of 0.0002352BTC. There was a nice bullish acknowledgment noted, but sellers appeared about the mentioned akin and prevented gains. There is a nice bearish candle basic about it and has the abeyant to burn a downside move. As we accent yesterday, there is a bullish trend band formed on the alternate chart, which is accouterment abutment and preventing losses.
However, there is a accident of a breach beneath the trend band and abutment breadth if sellers accretion ascendancy and administer to advance the amount lower. They charge to bright the 23.6% Fib retracement akin of the aftermost move from the 0.0001899BTC low to 0.0002352BTC high. If they administer to abutting the amount beneath the mentioned fib level, again there is a abundant adventitious of added losses. In that case, the amount ability arch appear the 50% Fib retracement level. It won’t be accessible for buyers to avert the downside if the amount settles beneath the 23.6% Fib level.
On the upside, the aftermost beat aerial of 0.0002352BTC is a above hurdle for added assets in the abreast term.
Intraday Support Level – 0.0002205BTC
Intraday Resistance Level – 0.000230BTC
Overall, is there is a breach beneath the trend band and abutment area, again added losses are likely.
Charts address of Cryptrader
