Aurora cryptocurrency is exhibiting bearishnessAurora is showing a strong decline and indicating that it may decrease further. It has shown poor performance over the past month, having dropped by 33.66%, indicating a consistent downward trend.
The Aurora cryptocurrency is exhibiting bearishness and downward momentum by dropping below the significant 20-day and 50-day EMA bands. If the sellers continue to dominate, the asset's value may decrease even further.
The Aurora asset is displaying bearish weakness, with the MACD below the zero line and the RSI below the median line of 50 at 42.09. This indicates that the Aurora asset is still in negative territory and may continue to decline.
At the moment, the CMP stands at $0.270 with an intraday gain of 6.30% and is under the control of the bears on the daily chart. Therefore, the price is hovering close to the critical level of $0.206 support. The price may plummet further if it fails to hold and drops more.
However, if the price surges from its current position due to increased demand from buyers, it may reclaim the target levels of $0.300 and $0.500.
