RubyCoin Price Technical Analysis – Targets Hit
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RubyCoin Price Technical Analysis – Targets Hit

THELOGICALINDIAN - RubyCoin Price Key Highlights

Rubycoin amount rallied acutely and traded as aerial as 0.0003507BTC afore starting to actual lower.

The Rubycoin connected to move higher, and climbed acutely during the accomplished brace sessions. The upside was actual strong, which resulted in a move afterpiece to 0.000360BTC, as the amount traded as aerial as 0.0003507BTC. An important attrition breadth was breached during the upside alluvion at 0.000300BTC. We accent this accomplished anniversary that affairs dips is a acceptable idea, which paid off as the amount confused higher. The amount traded as aerial as 0.0003507BTC area sellers appeared to burn a concise correction.

RubyCoin Price Technical Analysis

The amount is beneath a alteration phase, and trading abreast the 23% Fib retracement akin of the aftermost beachcomber from the 0.000213BTC low to 0.0003507BTC high. It looks like the amount ability arch added lower to barter afterpiece to a bullish trend band formed on the alternate chart. However, there are abounding abutment areas on the way bottomward for the amount starting with the 38.2% Fib akin and again 50% Fib level. There is a RSI aggregation on the alternate chart, which is a admonishing assurance for buyers and ability booty the amount lower in the abreast future.

On the upside, the aftermost beat aerial of 0.0003507BTC can be apparent as a concise resistance. A breach aloft it ability booty the amount appear 0.000380BTC.

Intraday Support Level – 0.000300BTC

Intraday Resistance Level – 0.0003507BTC

Overall, the amount is still trading in a absolute zone, and any corrections from the accepted levels may be a buy opportunity.

 

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