Hacking News
Monero (XMR) Price Dives Below $600
A new wallet has opened a 5x long position on Monero (XMR) worth about $1.77 million. The position is triggered by XMR's recent price drop below $600, which has been trading near $590. The market is currently moving sideways between $580 and $620, with the nearest support at $577. The RSI is near 55, indicating a cooling market with room for another move up before reaching overbought levels.