XMR drops 6.63% to $370, loses SMA-200 support
- —XMR fell 6.63% in 24 hours to $370.35, below all key SMAs
- —SMA-200 at $382.38 lost; gap to SMA-7 ($561.27) exceeds 34%
- —RSI at 57.8 shows no oversold conditions; MACD histogram negative
- —Market cap $10.44B; up 30.13% YTD and 93.16% YoY
Why it matters: Losing the SMA-200 weakens XMR's long-term structure as capital rotates into ZEC amid a privacy-coin rally following the Bitget hack.
Source: DiarioBitcoin