RubyCoin Price Weekly Analysis - the Break Sellers Were Looking for?

RubyCoin Price Weekly Analysis - the Break Sellers Were Looking for?

Key Highlights. Rubycoin prices finally struggled to clear a major resistance area near 0.000511 BTC and traded lower. There was a major bullish trend line on the 4-hour chart (price feed from Bitfinex), which was broken to ignite a downside move. The price traded as low as 0.00038 BTC, where it found support for another upside reaction. Rubycoin's price is showing a few bearish signs on the 4-hour chart, and if sellers manage to take advantage, there might be another decline. 100 MA as Resistance for RubyCoin Price. Rubycoin prices attempted to break a major resistance area of....


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RubyCoin Price Technical Analysis - Can Sellers Make It?

Rubycoin Price Key Highlights. Rubycoin price spiked higher to create a new high above 0.000230BTC but failed to gain momentum. The price traded as high as 0.0002352BTC, where sellers appeared and pushed the price lower. A bullish trend line is formed on the hourly chart, acting as a support and if broken might ignite losses. Rubycoin price rally looks like at a risk of a break, as there are a few signs emerging of a bearish pressure. Can sellers break trend line and support? The Rubycoin price traded above yesterday's high and posted a new high of 0.0002352BTC. There was a nice bullish....

RubyCoin Price Technical Analysis - 0.000350BTC as Barrier

Rubycoin Price Key Highlights. Rubycoin price continued to trade around a major resistance area of 0.000350-10BTC where it is finding sellers. As mentioned during this week's analysis, 0.0003507BTC holds the key, which is preventing gains. Many attempts were made by buyers to break it, but sellers manage to defend the stated level successfully. Rubycoin price remained under the bearish pressure, as buyers failed to take the price higher in the near term. Can buyers make it? The Rubycoin stayed in the bullish zone, but there is an increase in the bearish pressure noted. There is a monster....

RubyCoin Price Weekly Analysis - Buying Dips Favored

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 - Retest of Last High?

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 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....