How to read Russian Ruble charts and predict price movements? Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the RUB price. Conversely, a drop below an important moving average is usually a sign of weakness in the RUB market. If the RUB price moves above any of these averages, it is generally seen as a bullish sign for Russian Ruble. The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.ĥ0-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). For example, a 12-day simple moving average for RUB is a sum of RUB’s closing prices over the last 12 days which is then divided by 12. As the name suggests, a moving average provides the average closing price for RUB over a selected time frame, which is divided into a number of periods of the same length. Moving averages are among the most popular Russian Ruble price prediction tools. Russian Ruble Price Prediction Indicators When trying to predict the Russian Ruble price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. These tools can roughly be divided into indicators and chart patterns. Russian Ruble traders use a variety of tools to try and determine the direction in which the RUB market is likely to head next. Periodīased on today's classical pivot point (P1) with the value of $ 0.010441, Russian Ruble has support levels of $ 0.010333, $ 0.010245, and the strongest at $ 0.010138. Traders use the trend indicator to discover short-term overbought or oversold conditions. Weekly Exponential Moving Average (EMA) PeriodĪn oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Russian Ruble Price Forecast Based on Technical Analysis Compared to today’s price, Russian Ruble could gain 266.80% by 2030 if it reaches the upper price target. The Russian Ruble price prediction for 2030 is currently between $ 0.030642 on the lower end and $ 0.038784 on the high end. Compared to today’s price, Russian Ruble could gain 267.60% by 2025 if RUB reaches the upper price target. The Russian Ruble price prediction for 2025 is currently between $ 0.014645 on the lower end and $ 0.038868 on the high end. Using the same basis, here is the Russian Ruble price prediction for each year up until 2030. Meanwhile, the price of Russian Ruble is predicted to reach as high as $ 0.016373 next year. Long-term Russian Ruble price prediction for 2024, 2025, 2026, 2027, 2028, 20īased on the historical price movements of Russian Ruble and the BTC halving cycles, the yearly low Russian Ruble price prediction for 2024 is estimated at $ 0.009161. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. Based on our Russian Ruble forecast, it's now a good time to buy Russian Ruble.ĭisclaimer: This is not investment advice. Russian Ruble recorded 16/30 (53%) green days with 1.49% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 66 (Greed). According to our current Russian Ruble price prediction, the price of Russian Ruble is predicted to drop by -2.89% and reach $ 0.010238 by October 29, 2023.
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