- Curve DAO Token (CRV) is showing a bullish price movement.
- Currently, CRV is at $2.33 and it may reach 2.60 anytime this week.
On Wednesday, Curve DAO Token (CRV) has boosted its price to over 26% in the last 24 hours. Currently, CRV trades at a high price of $2.33 with an estimated 24-hour trading volume of over $400 million. For this reason, CRV may reach $2.60 and might even go beyond that anytime this week.
Source | Tradingview
By far, Curve DAO Token’s all-time high (ATH) is $54.01 last August 2020 with an all-time low of $0.331577 last November. It should be noted, its current price is 95.83% below its ATH but its 579% above its all-time low. Hence, this is a stable and healthy momentum nowadays.
As of writing, CRV’s current market cap is at 806,031,408 and the total volume is at 324,537,950. Meanwhile, its circulating supply is at 357,878,871.22 with its total supply at 1,512,508,272. Moreover, the volume for Curve DAO Token is 324537950 and it’s 5.28% below in relation to the average volume.
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, CRV is considered to be oversold (
Furthermore, based on the Innrs buying strength rank, CRV is ranked 28 which means it’s a good time to buy CRV. This buying strength rank by Innrs includes both historical data and future (projected) data. Included in the Innrs Rank algorithm are stochastic, volatility, RSI, moving average, social data, developer data, external ratings, and more.
Source | Inners.com
In conclusion, alongside its growing 1.2 million Twitter followers, Curve DAO Token shows a good bullish momentum. Its buying strength crypto ranking according to Innrs is at 28th where ETH ranks first. This week is showing a positive upward trend where it can reach $2.60 anytime.
This article was first published on coinquora.com