Markets· ★★· bearish·

CC drops 12.59% to $0.109, tests $0.1055 support

  • —CC fell 12.59% to $0.109336, testing intraday low of $0.1055347
  • —Volume hit $35.97M, 27.87% above the 30-day average
  • —Price sits below SMA-7, SMA-30 and SMA-200; RSI 42.4, MACD bearish
  • —CC is down 7.54% over 7 days and 10.30% over 14 days
Why it matters: A break below $0.1055 opens the door to further losses, while reclaiming the $0.1110 VWAP would be the first sign of stabilization.
Source: DiarioBitcoin