Markets· ★★· bearish·

WLD drops 7.71% to $0.516 on below-average volume

  • —WLD fell 7.71% to $0.5156, with the intraday low matching the close
  • —Daily volume of $271.18M was 22.83% below the 30-day average
  • —Price sits below SMA-5, SMA-10 and SMA-20 but above SMA-30, SMA-50 and SMA-200
  • —RSI at 52.3 signals no oversold condition; MACD histogram is negative
Why it matters: The drop came on thin volume, so holding the SMA-30 near $0.48 will decide whether the monthly uptrend survives.
Source: DiarioBitcoin