Orca drops to $2.85 as daily RSI hits overbought 89.1
- —ORCA trades at $2.85 versus the $3.19 close of the last daily candle
- —Daily RSI14 sits at 89.1, rising for a third straight session
- —Total crypto market cap fell 5.28% to $2.83 trillion, BTC dominance at 59.2%
- —Near-term resistance is $2.93, key support sits at $2.54
Why it matters: Daily overbought conditions against a market-wide drawdown raise the risk of an ORCA correction below $2.54.
Source: The Cryptonomist