$CVP is facing a tough road ahead, with its price continuing to drop sharply after #Binance announced its delisting. Over the last day alone, CVP's value has plunged nearly 20%, reflecting the market's bearish sentiment.
đ Key Indicators:
-RSI at 37: A clear sign of ongoing bearish momentum, with buying interest waning.
-Increased Volume: Despite the rising trading volume, the market dynamics suggest more sellers than buyers, indicating a possible further decline.
-Technical Indicators: Moving averages remain flat or slightly descending, reinforcing the negative outlook.
The PowerPool team has expressed their disappointment and frustration with Binanceâs decision. They noted their efforts to maintain a good relationship with Binance by providing regular updates, detailed reports, and engaging in extensive marketing. You can read their full statement on their profile.
Is recovery possible, or is the worst yet to come?
#CVP/USDT #cvpupdate #CVP #powerpool
