XDC Falls 5.89% From Open, Tests Support Levels
- —Price sits below SMA-7, SMA-15 and VWAP but above SMA-50 and SMA-200
- —Daily volume of $10.78 million is 25.81% below the 30-day average
- —Returns: -4.34% over 7 days and -10.72% over 14 days versus +4.23% over 30 days
- —RSI at 43.4 and MACD below its signal line point to weak momentum
Why it matters: Short-term weakness while long-term averages hold: a break of the $0.0315 SMA-50 would open the door to further downside.
Source: DiarioBitcoin