RubyCoin Price Weekly Analysis - 0.00040BTC Represents Critical Resistance
Key Highlights. Rubycoin price surged higher recently, but it is facing a monster resistance around 0.00040BTC. The mentioned resistance area acted as a major barrier earlier and may continue to stall gains in the short term. A break above it might open the doors for a sharp upside move towards 00050BTC. Rubycoin price is testing a crucial resistance area, and if buyers succeed in breaking it, then it may be a crucial break. Can Sellers Defend 0.00040BTC? Rubycoin price enjoyed a decent upside run, as it found support near 0.000340BTC and traded higher. There is a significant resistance....
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Key Highlights. Rubycoin's price dived down sharply after failing to break a major resistance area near 0.000511 BTC. After breaking a critical support trend line on the 4-hour chart (price feed from Bitfinex), there was a monstrous decline. After recovering a few points higher, the price declined and moved below the 0.00030 BTC support area. Rubycoin's price moved further down. There was an attempt by buyers to take the price higher, but it failed to sustain momentum. 0.0002 BTC as a Support Area. Rubycoin's price slide continued, and there was another leg down taking the price below a....
Rubycoin Price Key Highlights. Rubycoin price moved back higher after a minor correction and it looks it might test the last high. There is a minor resistance around the last high of 0.0003507BTC, which could be tested and even breached. Buying dips were favored which played well, as the price moved higher after correcting lower. Rubycoin price is showing a lot of bullish signs, and the current price action suggests a new weekly high moving ahead. New High? The Rubycoin moved higher and traded towards the last swing high of 0.0003507BTC. Yesterday, the price corrected lower and moved....
RubyCoin Price Key Highlights. Rubycoin price continued to trade higher as it moved closer to 0.0002257BTC. A new weekly high was formed as highlighted during this past week's analysis, and looks set for more gains in the near term. There is a support trend line on the hourly chart of the Rubycoin price, which might act as a buy area. Rubycoin price moved higher this past week, and it looks like it might continue to trade higher moving ahead. Trend Line Support Area. The Rubycoin price moved higher this week, and also cleared the last swing high of 0.00022BTC. The price traded as high as....
Rubycoin Price Technical Analysis. Rubycoin price is in the middle of a correction but it looks like the pullback is already over, as the 50% Fibonacci retracement level is holding as strong resistance. This retracement level lines up with a former support level, making it an area of interest and likely resistance. Rubycoin price has made a sharp selloff recently and might be done with its retracement from the move, allowing sellers to regain control. Spinning top at resistance? A spinning top reversal candlestick has formed on the latest pullback, hinting that price could turn a corner. A....
Key Highlights. Rubycoin price continued to move higher as forecasted in one of the previous week's analysis. There was a bearish trend line which was broken to open the doors for more gains in the near term. There is a chance that the price might continue to trade higher and test the last swing high of 0.000365BTC. Rubycoin price stayed in the bullish zone, which means it might head further higher towards the next hurdle at 0.000365BTC. What's Next? The Rubycoin price managed to climb higher recently and even cleared a major bearish trend line on the hourly chart which was acting as a....