Markets· ★★· bearish·

PYTH falls 9.59% to $0.073 on volume half its monthly average

  • —Price of $0.0731 sits below SMA-7, SMA-15 and SMA-30 but above SMA-50 and SMA-200
  • —Volume of $22.9 million versus a 30-day average of $46.3 million
  • —RSI at 47, stochastic at 5, MACD histogram negative
  • —Up 8.8% over 30 days and 63.55% over 90 days
Why it matters: Technical weakness without a catalyst: holding above the SMA-50 keeps PYTH's medium-term trend intact for now.
Source: DiarioBitcoin