AB, Zcash, and Monero extend losses as crypto market faces sell-off
AB (AB) and privacy coins, including Zcash (ZEC) and Monero (XMR), are among the leading losers over the last 24 hours amid a broader sell-off in the cryptocurrency market. ZEC and XMR remain at risk of further losses as sell signals emerge in both, while the AB token could fall below its $0.00500 psychological support level.
AB approaches key support as selling pressure mounts
AB edges lower by nearly 6% at press time on Tuesday, extending the 7% drop from the previous day. With the fifth consecutive bearish candle, the declining trend threatens the $0.005000 psychological support.
If AB drops below $0.005000 with a decisive daily close, it could pressure the $0.004300 and $0.003800 support levels marked by the lows of May 29 and May…
