Markets· ★★· bearish·

VIRTUAL drops 5.44% to $0.708, tests key support levels

  • —Price at $0.7078, down 5.44% in 24 hours, daily range $0.6850–$0.7151
  • —Volume of $71.4 million is 33.58% below the 30-day average of $107.6 million
  • —RSI at 45.3 and bearish MACD signal weak momentum without extreme oversold conditions
  • —Price trades below the 7-, 15-, 30- and 50-day SMAs but above the 90- and 200-day SMAs
Why it matters: With no confirmed catalyst, the move looks like a technical pullback; holding the 90- and 200-day SMAs will shape VIRTUAL's next trend.
Source: DiarioBitcoin