Markets· ★★· bearish·

TAO falls 5.29% to $269.96, tests key support at $261.83

  • —Volume is 56.1% below the 30-day average
  • —RSI at 46.1 and MACD histogram negative
  • —Price below 7-, 15- and 30-day SMAs but above 50-, 90- and 200-day
  • —TAO market cap stands at $3.13 billion
Why it matters: Thin volume leaves the $261.83 support unconfirmed; a break below it would open the door to further losses.
#TAO
Source: DiarioBitcoin
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