BOSS Wallet data source, Curve today's price trend, CRV latest price has broken through to $0.9595, with an increase of 3.51%, trading volume $327 million
Through the analysis of the K-line chart, there is currently an upward trend. Compared to 08:00, there is a slight increase, compared to 09:00, a slight decrease, and there is a recovery compared to 07:00. Prices are rising but trading volume is decreasing, which usually indicates that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price may be due to insufficient selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, price increases may be difficult to sustain, and investors should be cautious of the risk of price pullbacks at high levels.
It is advisable to pay attention to whether trading volume can keep up with price increases and whether new buying interest is entering. Trading volume has decreased compared to previous days, with prices rising and trading volume declining: upward momentum is weakening. The Williams indicator shows that the current market is in an overbought state.
Recently, trading volume has decreased, trading volume has decreased compared to the last few hours, with prices rising and trading volume declining: upward momentum is weakening.
Upward momentum is weakening, the market is overbought, it is advisable to reduce positions and wait for further clarity.
The above content is for reference only and does not constitute investment advice.