Data source: BOSS Wallet, Curve real-time price quotes. The latest price of CRV today is $0.3361, up 3.16%, with a transaction volume of $104 million.
After studying the candlestick chart, it is now in a downward trend. It has risen sharply compared to 12:00, rebounded compared to 11:00, and fallen compared to 08:00. When the price falls but the trading volume rises, it usually means that the selling pressure is intensifying and the sellers are actively selling.
This may be due to the market being pessimistic about future prices, or due to panic selling caused by negative news. In this case, prices may continue to fall in the future due to strong selling pressure and low market sentiment.
Investors need to pay attention to whether the price will fall below the key support level. If the support level is lost, it may lead to a larger decline. The trading volume increases, the price goes down, and the market sells heavily. The Williams indicator shows that the current market is neither overbought nor oversold.
There has been an increase in trading volume recently, the volume is higher than in previous hours, the price is falling, and the volume is rising: selling pressure is increasing.
The market trend is not in line with expectations. It is recommended to continue to wait and see and operate with caution.
The above content is for reference only and does not constitute investment advice.