Markets· ★★· bearish·

Monero falls 3.09% to $539.62, tests key SMA-50 support

  • —XMR trades at $539.62, down 3.09% on the day
  • —Price sits below VWAP of $548.21 and SMA-15/SMA-30; SMA-50 at $530.43 is nearby support
  • —Volume is 11.21% below the 30-day average; RSI at 50.4 is neutral
  • —XMR is up 63.10% over 90 days, still 32.2% below its $795.95 all-time high
Why it matters: The drop tracks a broad crypto selloff with no Monero-specific catalyst; holding the SMA-50 will decide whether the larger uptrend stays intact.
#XMR
Source: DiarioBitcoin
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