Data source of BOSS Wallet, Curve real-time price quotes, the latest price of CRV today is $0.2938, an increase of 3.05%, and the transaction volume is $183 million
According to the analysis of the K-line chart, it is now an upward trend. It fell sharply compared to 22:00, rebounded compared to 15:00, and fell compared to 21:00. The price rose but the trading volume fell, which usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may fall back or go sideways in the future, because the lack of trading volume support makes it difficult for price increases to continue. Investors need to be alert to the risk of a pullback from highs, and pay attention to whether trading volume can keep up with price increases and whether there is new buying intervention.
The market is quiet and prices are going up. According to the Williams indicator, the current state is neither overbought nor oversold. The trading volume has decreased recently, and the trading volume is less than in the previous hours. The price is rising, and the trading volume is falling: the upward momentum is weakening.
The upward momentum has weakened, so it is recommended to enter the market cautiously and observe subsequent trading volume and changes in market sentiment.
The above content is for reference only and does not constitute investment advice.