Markets· ★★· bearish·

VIRTUAL drops 4.66% to $0.777, tests key support at $0.771

  • —Down 4.66% to $0.777 on $0.145M volume, 76% above the 30-day average
  • —Up 31.69% in 14 days and 40.26% in 90 days, but 84.63% below the $5.05 all-time high
  • —RSI at 60.4 and a bullish MACD point to a correction rather than a trend reversal
  • —Price holds above the 200-day SMA at $0.6613 but trades below the intraday VWAP of $0.8076
Why it matters: Holding the $0.771 support would keep the uptrend intact; a break below could open the way to the 20-day SMA at $0.6917.
#VIRTUAL
Source: DiarioBitcoin
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