RUBY
Fundamental Analysis
Introduce
Ruby Protocol is an Intent-Centric Chain Abstraction Layer for Web3. Ruby Protocol is building an intent-centric, interoperable, and privacy-preserving infrastructure for Web3 future. Our services, including Account Abstraction (AA), Assets Bridge (AB), Access Control (AC) and much more, are designed to accelerate Web3 development and its mass adoption. Ruby Protocol aims to make Web3 seamless and effortless to everyone everywhere.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | RUBY | Market Cap | 7697.3364 |
| Name | Ruby Protocol | White Paper | -- |
| Web Site | https://ruby.xyz/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2024-06-03 |
| Available Supply | 83666700 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 0.000107 | 0.000111 | 7.8e-05 | 8.9e-05 | 1416.1784144 |
| 2024-12-30 | 0.000106 | 0.000137 | 6.7e-05 | 0.000107 | 1767.3723971 |
| 2024-12-29 | 0.000114 | 0.00012 | 0.000105 | 0.000107 | 476.4973433 |
| 2024-12-28 | 0.000114 | 0.000122 | 0.000106 | 0.000114 | 295.4367857 |
| 2024-12-27 | 0.000114 | 0.000124 | 0.000108 | 0.000111 | 215.0819352 |
| 2024-12-26 | 0.00011 | 0.00012 | 0.00011 | 0.00012 | 36.3826057 |
| 2024-12-25 | 0.000127 | 0.000136 | 0.00011 | 0.00011 | 96.018043 |
| 2024-12-24 | 0.000122 | 0.000137 | 0.000122 | 0.000125 | 87.6221077 |
| 2024-12-23 | 0.000126 | 0.000134 | 0.000116 | 0.000116 | 141.9245392 |
| 2024-12-22 | 0.000114 | 0.00013 | 0.000113 | 0.00013 | 170.5732083 |
| 2024-12-21 | 0.000137 | 0.000137 | 0.000115 | 0.000115 | 125.1298079 |
| 2024-12-20 | 0.000106 | 0.000149 | 0.000101 | 0.000135 | 640.4181774 |
| 2024-12-19 | 0.000107 | 0.00012 | 0.000104 | 0.000109 | 319.5271178 |
| 2024-12-18 | 0.000129 | 0.000138 | 0.000107 | 0.000107 | 209.3589965 |
| 2024-12-17 | 0.000125 | 0.000134 | 0.000121 | 0.000129 | 444.4344069 |
| 2024-12-16 | 0.00014 | 0.000144 | 0.000117 | 0.000121 | 660.0883115 |
| 2024-12-15 | 0.000141 | 0.000149 | 0.000134 | 0.000142 | 611.0123561 |
| 2024-12-14 | 0.000133 | 0.000144 | 0.000121 | 0.000144 | 1815.5214875 |
| 2024-12-13 | 0.000133 | 0.000139 | 0.00011 | 0.000137 | 1357.0952346 |
| 2024-12-12 | 0.000141 | 0.000143 | 0.000117 | 0.000132 | 1237.9585794 |
| 2024-12-11 | 0.000147 | 0.000147 | 0.0001 | 0.000134 | 1383.3849934 |
| 2024-12-10 | 0.000139 | 0.000149 | 0.000121 | 0.000149 | 879.8022301 |
| 2024-12-09 | 0.000162 | 0.000163 | 0.000133 | 0.000139 | 4387.9308714 |
| 2024-12-08 | 0.000144 | 0.000172 | 0.000137 | 0.000154 | 2670.9506881 |
| 2024-12-07 | 0.00019 | 0.000191 | 0.000132 | 0.000144 | 6237.7885221 |
| 2024-12-06 | 0.000205 | 0.000228 | 0.000157 | 0.000186 | 5920.1407102 |
| 2024-12-05 | 0.000208 | 0.000226 | 0.000201 | 0.000206 | 970.6389888 |
| 2024-12-04 | 0.000195 | 0.000228 | 0.000186 | 0.000204 | 1927.2858513 |
| 2024-12-03 | 0.000219 | 0.000238 | 0.000183 | 0.000201 | 1886.5792194 |
| 2024-12-02 | 0.000257 | 0.000272 | 0.000201 | 0.00022 | 4841.8410384 |
Analysis
The asset demonstrates a volatile 30-day period, with significant price swings and varying trading volumes. A clear downward trend is observable from early December, moving from highs around 0.000272 to lows near 7.8e-05. Initial high volume trading accompanied the price decline, peaking around December 7th. Following this decline, a period of lower trading volume is evident, interspersed with sporadic spikes. Price consolidation is noticeable after significant falls, characterized by reduced volume and sideways trading, particularly around late December. There are no clear bullish signals currently, and recent closing prices show a continuous struggle to regain prior support levels. The latest data points to a potential bottoming process but lack of strong buying pressure suggests that upward momentum is not imminent. Further consolidation or another leg down may be expected before a more sustained directional move is established.
