BOSS Wallet data source, Curve real-time price trend, the latest price of CRV today reached $0.6422, with an increase of 3.05%, trading volume $421 million
According to the analysis of the K-line chart, it is currently in an uptrend. Compared to 17:00, it has risen significantly, but has decreased compared to 12:00. When prices rise while trading volume decreases, it usually indicates a weakening upward momentum in the market and a reduction in the number of buyers.
This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it is difficult for prices to sustain their rise, and one should be cautious of the risk of a pullback from high levels. Investors should pay attention to whether trading volume can support price increases and whether there are new buyers entering the market.
Uptrend, decreasing trading volume, rising prices. The Williams indicator shows that it is currently in the overbought region. Recent trading volume has decreased, with volume lower than in previous hours, and prices rising while volume decreases: upward momentum is weakening.
Weakening upward momentum, with a risk of pullback; it is advisable to remain cautious and appropriately reduce positions.
The above content is for reference only and does not constitute investment advice.