RubyCoin Price Technical Analysis – Targets Hit

Key Highlights

  • Rubycoin price rocketed higher and traded above an important resistance of 0.000300BTC.
  • The upside was strong as the price gained by more than 10% Intraday as forecasted.
  • All our buy trades target hit, and it looks like the price might correct a bit lower in the short term.

Rubycoin price rallied sharply and traded as high as 0.0003507BTC before starting to correct lower.

Upside continuation?

The Rubycoin continued to move higher, and climbed sharply during the past couple sessions. The upside was very strong, which resulted in a move closer to 0.000360BTC, as the price traded as high as 0.0003507BTC. An important resistance area was breached during the upside drift at 0.000300BTC. We highlighted this past week that buying dips is a good idea, which paid off as the price moved higher. The price traded as high as 0.0003507BTC where sellers appeared to ignite a short-term correction.

RubyCoin Price Technical Analysis RubyCoin Price Technical Analysis

The price is under a correction phase, and trading near the 23% Fib retracement level of the last wave from the 0.000213BTC low to 0.0003507BTC high. It looks like the price might

Read more ... source: NewsBTC USA