Markets· ★★· bearish·

FIL drops 4.71% in 24 hours to test $1.01

  • —FIL trades at $1.01 after a 4.71% daily decline
  • —30-day gain of 26.15% remains intact, 14-day gain at 17.53%
  • —RSI at 55.7 and a slightly negative MACD point to cooling momentum
  • —Daily volume of $180.6 million is just 4.19% above the 30-day average
Why it matters: The pullback looks like technical profit-taking with no news catalyst, yet FIL is still 56% below its level a year ago.
Source: DiarioBitcoin