Markets· ★★· bearish·

WLD drops 9.58% to $0.467, losing short-term moving averages

  • —WLD fell 9.58% to $0.4672, with the intraday low matching the current price
  • —Daily volume of $344.05 million was only 0.60% above the 30-day average
  • —Price sits below SMA-7, SMA-15 and SMA-20 but above SMA-30 and SMA-200
  • —RSI at 47.3 with a bearish MACD; no open interest, funding or liquidation data available
Why it matters: Short-term momentum has broken while the longer-term base holds: a loss of the $0.465 SMA-30 would open the door to further downside.
Source: DiarioBitcoin