XMR falls 3.5% to $588.92, testing $580.92 support
- —XMR at $588.92: down 3.50% from the open and 0.47% from the prior close
- —Volume of $125.89 million is 2.33% above the 30-day average
- —RSI at 54.9; MACD above its signal line with a narrow histogram
- —Price holds above SMA-30, SMA-50, SMA-90 and SMA-200 but below short-term averages
Why it matters: Holding $580.92 keeps the higher-timeframe uptrend intact; a break below would raise the risk of a deeper correction.
Source: DiarioBitcoin