THELOGICALINDIAN - RubyCoin Price Key Highlights
Rubycoin amount traded higher, and it looks like buyers ability affected affairs pressure for one added leg higher.
The Rubycoin amount afresh acicular college to barter aloft the aftermost aerial and actualize a new aerial about 0.000230BTC. Buyers connected to break in control, as sellers struggled to booty the amount lower. There is a bullish trend band formed on the alternate chart, which is acting as a agitator for an upside move. If the amount moves lower from the accepted levels or corrects lower, again it ability acquisition abutment abreast the accent trend line.
The 23.6% Fib retracement akin of the aftermost move from the 0.000190BTC low to 0.0002298BTC aerial is additionally positioned about the accent trend band and abutment area. So, one can say, 0.0002205BTC may act as a above beat breadth for the Rubycoin bulk in the abbreviate term. A breach beneath it ability abate the accepted bullish appearance and alarm for added losses. The abutting akin of absorption in that bearings could be about the 50% Fib retracement akin at 0.000210BTC. Any added losses ability be bound because the actuality that there is actual beneath bulk of the bearish burden as of writing.
On the upside, the aftermost beat aerial of 0.0002298BTC ability act as a resistance. A breach aloft it ability bright the way for added gains.
Intraday Support Level – 0.0002205BTC
Intraday Resistance Level – 0.000230BTC
Overall, the amount may abide to barter higher, as continued as it the trend band and abutment hold.
Charts address of Cryptrader
