NIGHT drops 12.43% to $0.0424, tests support
- —NIGHT trades at $0.0424 versus an open of $0.0484 and a low of $0.0423
- —Volume of $25.39 million is 21.76% below the 30-day average
- —Price sits below SMA-5, SMA-7 and SMA-10 but above SMA-15 and SMA-20
- —RSI at 62.2 and a positive MACD histogram keep the prior bullish momentum intact
Why it matters: The decline lacks volume confirmation and derivatives data, but the break below short-term averages weakens the near-term setup.
Source: DiarioBitcoin