XMR drops 2.6% to $523.83, tests key support at $520.45
- —XMR at $523.83: down 2.59% from the $537.58 open, up 0.91% from $519.13 close
- —Price below SMA-7, SMA-15 and SMA-30; MACD histogram at -5.73
- —Nearest supports are SMA-50 at $520.45 and Fibonacci level at $511.75
- —Volume of $113.4M trails the 30-day average of $123.5M; RSI at 45.4
Why it matters: With no confirmed catalyst or derivatives data, the move is purely technical — holding $520 will set the near-term trend.
Source: DiarioBitcoin