BOSS Wallet data source, Curve today's market news, CRV latest price: $0.9536, 24-hour increase 2.637%, trading volume $268 million
The candlestick chart shows that we are currently in a volatile trend. Compared to 14:00, there has been a significant increase, and there has been a recovery from 09:00, breaking through the high of 13:00. The price is rising but trading volume is decreasing, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between price and volume may be due to insufficient selling pressure. In this case, future prices may pull back or consolidate. Without the support of trading volume, it may be difficult for the price increase to sustain, and investors should be wary of the risk of price retreating from high levels.
It is advisable to pay attention to whether the trading volume can keep up with the price increase, and whether there is new buying interest. Trading volume decreases as price rises. According to the Williams indicator, it is currently overbought. Recently, trading volume has decreased, trading volume has reduced compared to previous hours, and price rises while trading volume falls: upward momentum is weakening.
Upward momentum is weakening, and there is a risk of pullback. It is recommended to watch and pay attention to changes in trading volume and the situation of new buying interest.
The above content is for reference only and does not constitute investment advice.