$CRV Today, Curve DAO Token (CRV) is showing mixed signals. While it has experienced some positive movement recently, including a 6.4% rise as of November 16, 2024, its longer-term trend remains bearish, with a significant drop of around 30% in the past month and over 80% from its peak.
The current market sentiment is bearish, influenced by factors such as market volatility, with indicators showing a cautious outlook. The Relative Strength Index (RSI) is neutral at 44.55, while the Fear & Greed index remains in the "Extreme Fear" zone.
Given this context, CRV is nearing key support levels around $0.30, and its current price of $0.3066 could offer a buying opportunity if you're willing to take on higher risk, especially with the potential for short-term volatility.
Target price for CRV: $0.44 (based on a short-term recovery). It's crucial to monitor if it sustains above $0.30 for a more bullish trend, but if the price falls below $0.30, further downside to $0.25 could occur.