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The latest market evening report from Gate.io: CRV price reaches $0.5152 per coin, with a daily increase of 3.91%.
BOSS Wallet data source, Curve today's market news, CRV latest price: $0.5152, rise 1.14% in 24 hours, volume $155 million
After analyzing the candlestick chart, the current trend is downward. Compared to a sharp decline at 11:00, there is some recovery compared to 07:00 and a slight decline compared to 03:00. When the price rises and the volume decreases, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing. This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, the future price may pullback or consolidate Sideways. Due to the lack of volume support, the price pump is difficult to sustain, and one should be alert to the risk of a high-level pullback. Investors should follow whether the volume can match the price pump and whether there are new buying orders entering the market. Decrease in volume, rise in price. According to the Williams indicator, there is currently no Overbought or Oversold state. Recently, there has been a decrease in volume, with volume decreasing compared to the previous few hours, resulting in a rise in price. When the volume decreases, the pumping momentum weakens.
The upward momentum is weakening, it is recommended to observe, follow the changes in volume and the situation of new buying orders.
The above content is for reference only and does not constitute investment advice.