VVV falls to $23.03, trades below key moving averages
- —Price at $23.03 versus prior close of $24.32 — a daily drop of about 5.3%
- —Daily volume of $34.44 million, 37.56% below the 30-day average
- —MACD bearish, RSI at 44.8, stochastic at 18.1
- —Price below 7-, 15-, 30- and 50-day SMAs; support at $22.62 and $22.02
Why it matters: Thin volume and bearish momentum indicators argue against a confirmed reversal, though a stochastic reading of 18 leaves room for a bounce off $22.62 support.
Source: DiarioBitcoin