WLD drops 6.95% to $0.48 on above-average volume
- —WLD fell 6.95% to $0.4808, down 8.59% over the week
- —Volume of $366.8 million was 7.24% above the 30-day average
- —Price trades below SMA-5, SMA-7, SMA-10, SMA-15, SMA-20 and SMA-30
- —WLD remains up 24.76% over the past 90 days
Why it matters: The drop is attributed to broad altcoin risk-off rather than project-specific news, while holding above SMA-50 and SMA-200 keeps the medium-term structure intact.
Source: DiarioBitcoin