$CRV **CRV (Curve DAO Token) Analysis – 30 October 2024**
As of today, CRV is positioned in a bearish trend, primarily influenced by broader market fluctuations and concerns regarding regulatory scrutiny in the DeFi sector. The current price is £0.2594, showing a decline over the past week. The technical indicators reflect bearish sentiment, with the RSI hovering below 30, suggesting potential oversold conditions.
Despite the current challenges, there are underlying fundamentals supporting CRV's long-term potential, especially with the growth of decentralized finance and liquidity protocols.
**Target Price:** £0.25
**Sell Price:** £0.24
Investors should monitor market developments closely, as changes in sentiment or regulations could shift the outlook rapidly.