VVV Plunges 12.85% to $21.79 as Selling Pressure Mounts
- —VVV dropped 12.85% to $21.79, down 18.27% over seven days
- —Daily volume of $31.9 million was 41.93% below the 30-day average
- —RSI at 39.8 and stochastic at 4.9 point to weakness with rebound potential
- —Price trades below SMA-7, SMA-30 and SMA-50 but above SMA-90 and SMA-200
Why it matters: The VVV selloff mirrors broad crypto weakness and supply pressure; holding the SMA-200 will determine whether the longer-term uptrend stays intact.
Source: DiarioBitcoin