MNT drops 9.36% to $0.592 on above-average volume
- —MNT trades at $0.5918, near the intraday low of $0.5914
- —Volume of $40.27 million is 10.22% above the 30-day average
- —Price sits below SMA-7, SMA-15 and SMA-30 but above SMA-50, SMA-90 and SMA-200
- —RSI at 42.7 and a negative MACD point to weak momentum
Why it matters: MNT is testing support at its SMA-50 ($0.5862); a break below would open the way to the SMA-90 at $0.5124.
Source: DiarioBitcoin