Investors can buy CRV for cheap if price falls to $0.42-$0.48 demand zone – Details!

Investors can buy CRV for cheap if price falls to $0.42-$0.48 demand zone - Details!

Table of Contents

  • The curve continued to drown towards the demand area of ​​$ 0.45 at the time of the press
  • While CRV holders have faced losses in the past three months, there has been evidence of accumulation since May

Dow curve [CRV] It was in a declining direction on daily and weekly graphs, at the time of the press. In fact, in a Modern reportNote Ambrypto that CRV It was the declining market structure symbol. The sale of the sale has not yet been reduced, while the dumping momentum remains as well.

Curve 1 day the graph

Source: CRV/USDT on Tradingview

The price is cling to the Bullinger’s lower range, and it was repeatedly tested as support. The 20 -day moving average was resistant. OBV has highlighted that the fixed selling volume that was Dao bull curve was unable to stop.

Without the continuous demand flow, changing the declining direction will be difficult. However, there may be some hope. The $ 0.45 region, which was highlighted in CYAN, was a thunderbolt block from early April. This is an area for demand that can see the reflection of the upward trend in the coming days.

At that time, the price saw a strong level of levels of this area. Who is Muslim in it, Bitcoin [BTC] CRV rally met. last Bitcoin The symbolic sales pressure ral can reduce. However, at the present time, the pioneering encryption mode can be classified as a little risky.

The most prominent situation on the series is a possible purchase opportunity

Santiment curveSantiment curve

source: Vocal

With the threatening of the DAO code threatening to drown towards the upscale demand bloc, the network standards confirmed a potential purchase opportunity. The likely feelings, which measure feelings based on the participation of social media, were slightly down.

The decline in the last month witnessed a steady decrease in the percentage of MVRV, as it stands by -18 % at the time of the press. This has shown that CRV holders in the past three months have been losing. However, during this declining direction, the average age of the currency was higher.

Over the past week, MCA witnessed a decline, but its direction may be a sign of accumulation at the network level. The height in accumulation and holders of loss showed that the price was at the bottom or near it.

Investors can buy CRV at a cheap price, according to these standards. The consumer scale also suggested some symbolic movement in recent days, a sign of sale. However, the numbers were not worried and did not pick up a surrender.

Responsibility: The information provided does not constitute financial, investment, trading or other types of advice, which is just the opinion of the writer

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