RubyCoin Price Technical Analysis - Double Top in Making?
Rubycoin Price Key Highlights. Rubycoin price continues to struggle to clear a major resistance and swing area of 0.000309BTC. There is a chance of a double top pattern forming around the mentioned area in the short term. The only hope for buyers is a bullish trend line and support area formed on the hourly chart. Rubycoin price is at a risk of a downside move if the trend line breaks, as there is a chance of a double top pattern forming. Trend Line Break? The Rubycoin price failed twice to break a major swing level of 0.000309BTC, which increases the risk of a double top pattern on the....
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Rubycoin Price Key Highlights. Rubycoin price is still completing its corrective wave on the 4-hour time frame, as price is stalling around the 61.8% Fibonacci retracement level. A short-term double top pattern can be seen right on the resistance, indicating that the impulse wave might be ready to start. Rubycoin price is gearing up for another sharp drop to its previous lows after making a pullback on its selloff. Bears Waiting. Stochastic is pointing down, which means that selling momentum is in play, but bears might be holding out for more confirmation. A break below the double top....
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....
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....
Key Highlights. Rubycoin price is making an attempt to recover after sliding in towards 0.000100BTC. Buyers are pushing the price higher and taking it towards a major bearish trend line and resistance area. The hourly RSI is in the negative zone, pointing that the price is still under a bearish pressure. Rubycoin price is recovering, but it is closing in towards a major resistance area around 0.000230BTC. 0.000230BTC as a Resistance. As mentioned yesterday that the Rubycoin price tumbled recently and traded 0.000100BTC. However, buyers appeared around the stated level to prevent any....
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....