GRAM (formerly Toncoin) drops 4.62% to $1.17, tests daily low
- —Price at $1.17 versus $1.23 open; volume of $58.1M is 11.46% below the 30-day average
- —RSI at 30.3 and stochastic at 2.3 point to oversold, but MACD stays negative
- —Down 10.87% in seven days and 22.21% in 30 days; 35.69% below the $1.83 record
- —No confirmed catalyst for the drop; price sits below SMA-7 at $1.24 and SMA-30 at $1.38
Why it matters: The October 23 break of $1.30 support triggered long liquidations; holding $1.17 will determine whether the downtrend continues.
Source: DiarioBitcoin