- CRV token price action is in an uptrend of 7.0% during the intraday trading session.
- The 24-hour trading volume is at $216 million.
- CRV/BTC pair is trading positive by 3.5% at 0.00004816 BTC.
The daily technical chart of the CRV token displays an upward trend. According to the pivot levels, the primary support level is $2.13. On the other side, if it rushes up, the resistance level to follow is $2.55. Although the chart forms a bearish inside candlestick pattern within the day, it is predicted that the price may remain downside with medium reliability.
The Zig-Zag framed a top of $4.64 on Apr 16. After that, investors can notice a massive correction of 75%, all the way low to $1.07. Now price levels are back around the range of $2.30 this week.
The volume of (75.400K) is above the MA of 20-days (168.379K). As a result, volume is moderate in CRV, resulting in its price to test around the resistance zone. Investors may also mark that the volume bars on the chart are declining, which intimates that notable volatility is expected in the upcoming trading session.
The RSI indicator gave a (bullish) signal with 69, projecting a buy signal in the coin. Investors may observe an inclining slope from 48 to 69. It may surge in future trading sessions.
CRV Token Shows Price Correction Due to Low Momentum
The price of Curve DAO token today is 2.30 USD, and the 24-hour trading volume is 216,809,320 USD. The price of CRV has increased by 7.0% in the past 24 hours. There are 360 million CRV coins in circulation, with a total of 1.57 billion. The RSI indicator shows a buy signal, and the traders have guided moderate volume. Technically, the price moves around the resistance and remains in an uptrend. Therefore, as with overall market sentiment, the trend remains bullish.
Resistance Level: $2.55
Support Level: $2.13