Monero slips 1.29% to $568 after 12% weekly rally
- —XMR trades at $568.24 with volume 48.68% above the 30-day average
- —30-day gain stands at 36.46%, 52-week gain at 90.99%; ATH of $795.95 is 28.61% away
- —RSI sits at 62.5 and price trades below the intraday VWAP of $578.33
- —Key support at the 23.6% Fibonacci level of $553.22, resistance at $631.12
Why it matters: Privacy tokens remain in focus after Zcash and Monero rallies; the pullback may be profit-taking before the trend resumes.
Source: DiarioBitcoin