Alright, let's dive into the latest $CVX news and price analysis.

As of today, $CVX is trading at $3.219, showing a significant 11.965% increase over the past 24 hours, with a market capitalization of $310,778,759.10149. The trend for $CVX on the 1d timeframe shows a significant recovery from its recent lows, breaking above key moving averages (MA 10: $2.90, MA 20: $2.83, MA 50: $3.00, MA 100: $3.12, and MA 200: $3.40).

On the technical side, $CVX has formed a steep triangle pattern, which is yet to breakout. If the lows at $2.60-$2.70 are not breached, $CVX is probably the best looking chart I’ve seen recently for the short to mid term in terms of risk/reward. If those lows aren’t breached, things are going to get explosive soon 🍿

In terms of market sentiment, there's a mixed bag. While some analysts are bullish on $CVX's potential for further growth, others are cautious due to the recent volatility and the possibility of a double top rejection.

Remember, investing in cryptocurrencies carries a high level of risk, and you should only invest what you can afford to lose. So buckle up and enjoy the ride!