BOSS Wallet data source, Curve today's price trend, CRV latest price has broken through to $0.7334, with an increase of 3.79%, trading volume $621 million
By observing the K-line chart, it is currently in an upward trend. Compared to 21:00, it has significantly declined, recovered compared to 17:00, and decreased compared to 20:00. The price is rising but trading volume is decreasing, which usually indicates weakening upward momentum in the market and a decrease in the number of buyers.
This volume-price divergence phenomenon may be due to insufficient selling pressure. In this case, future prices may correct or consolidate. 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 pullback at high levels.
It is recommended to pay attention to whether trading volume can keep up with price increases, and whether there are new buy orders entering. Trading volume has decreased compared to previous days, with prices rising and trading volume declining: upward momentum is weakening. According to the Williams indicator, it is currently overbought.
Recently, trading volume has decreased, with trading volume lower than in the previous hours, prices rising, and trading volume declining: upward momentum is weakening.
Upward momentum is weakening, or there is a risk of correction, it is recommended that investors reduce positions and observe.
The above content is for reference only and does not constitute investment advice.