CRV price reached $0.253 per coin, up 3.01 per cent during the day
Data source, Curve's price quote for today, CRV's latest price breakout to $0.253, up 3.01%, with a trading volume of $60.5959 million
According to the analysis of the k-chart, it is now in a downtrend. It is more sharply up compared to 16:00, back up from 09:00 and down from 13:00. When prices fall and volume rises, it usually means that selling pressure in the market has increased and sellers are actively selling.
This can happen because the market has become pessimistic in its expectations of future prices or has been affected by some negative news, leading to panic selling. Prices may continue to fall in the future as selling pressure is high and market sentiment is pessimistic.
Investors should be wary of prices breaking below key support levels, which, if breached, could trigger a sharper decline. Trading volume is increasing, sellers are dominating and prices are falling. Judging by the Williams indicator, there is no overbought or oversold condition.
Trading volume has increased recently, trading volume is higher than in the previous hours, price is falling, trading volume is rising: selling pressure is increasing.
The market situation is complex and it is recommended to remain on the sidelines and wait for clearer signals.
The above is for reference only and does not constitute investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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