Monero Falls 7.8% to $523, Tests $518 Support
- —Price at $523.34, down 7.8% in 24 hours; Friday's high was $590
- —RSI at 55.4 and MACD histogram at -3.47: momentum is slightly negative
- —Volume at $132 million, just 1.88% above the 30-day average
- —XMR is up 60.76% over 90 days and 75.5% over the year
Why it matters: The decline without major selling points to a shortage of buyers; losing $518 would open the way to the 30-day SMA near $499.
Source: DiarioBitcoin