BOSS Wallet data source, Curve today's price trend, CRV latest price has broken through to $1.0348, an increase of 3.05%, trading volume $378 million
According to the candlestick chart analysis, it is currently in a volatile trend. Compared to 16:00, it has dropped significantly, breaking through the low of 12:00, and has decreased from 14:00. When the price drops while trading volume rises, it usually indicates an increase in market selling pressure, with sellers actively selling.
This situation may be due to the market becoming pessimistic about future prices, or being affected by negative news, leading to panic selling. Future prices may continue to decline due to significant selling pressure and negative market sentiment.
Investors should be cautious about whether the price will break through key support levels. If the support level is breached, it may trigger a larger decline. The market is active, and prices are trending downwards. According to the Williams indicator, it is currently neither overbought nor oversold.
Recent trading volume has increased, with trading volume rising compared to the previous few hours, while prices are falling, indicating increased selling pressure.
The market rise does not align with the analysis; it is recommended to continue observing and operate cautiously, adjusting positions based on subsequent market trends.
The above content is for reference only and does not constitute investment advice.