STRK Falls 9.42% to $0.048, Loses Technical Support
- —Price at $0.04795 sits below the 7-, 15-, 30- and 50-day SMAs and intraday VWAP
- —Volume of $77.9 million is 53.6% below the 30-day average of $168 million
- —RSI at 41.9, bearish MACD and stochastic in extreme territory
- —Support holds at the 90-day SMA of $0.0387 and 200-day SMA of $0.0372
Why it matters: A break of the long-term moving averages would open the door to a deeper correction, while holding $0.038–0.037 keeps the medium-term trend intact.
Source: DiarioBitcoin