XMR Falls 4.93% to $530 on Above-Average Volume
- —XMR fell 4.93% to $530.26, with an intraday low of $517.49
- —Volume of $136.7 million was 10.4% above the 30-day average
- —Price is below SMA-7, SMA-15 and SMA-30 but above SMA-50, 90 and 200
- —XMR is down 33.38% from its all-time high of $795.95
Why it matters: As long as XMR holds above its SMA-50 and the $511.75 Fibonacci level, the medium-term structure remains intact, but a break below would increase selling pressure.
Source: DiarioBitcoin