THELOGICALINDIAN - Rubycoin Price Key Highlights
Rubycoin amount is acclimation lower afterwards a solid bullish run, and ability be branch appear a above abutment area.
The Rubycoin amount as accent afresh managed to barter college afterwards breaking a above bearish trend band on the alternate chart. The amount begin sellers about the 76.4% Fib retracement akin of the aftermost leg from 0.000365BTC to 0.000100BTC, and started acclimation lower. The amount is currently trading abreast the 38.2% Fib retracement akin of the aftermost leg from 0.000100BTC to 0.000309BTC. The affliction affair to agenda from the blueprint is the actuality that the amount is now beneath the 100 alternate simple affective average. So, there is a achievability that the amount ability arch added lower from the accepted levels.
There is a abutment trend band formed on the alternate chart, which is ancillary with the 50% Fib retracement level. It agency the 0.000205BTC breadth is a above hurdle for sellers. They ability attempt to breach the declared akin in the abreast term. Only a breach and abutting beneath the trend band and abutment breadth could abate the affairs dips approach and alarm for added losses.
If the amount starts to move college one added time from the accepted or lower levels, again the aboriginal attrition for buyers may be about 0.000280BTC followed by 0.000309BTC.
Intraday Support Level – 0.000205BTC
Intraday Resistance Level – 0.000280BTC
The RSI is aloof about the 50 level, so let’s see if the can move aloft it or not.
Charts address of Cryptrader
