Curve DAO (CRV), which showed an increase of close to 50 percent at the beginning of the month, experienced a decrease of 13.70 percent in a short time.
CRV, which showed a performance of 47.03 percent in total between 1-4 August, pleased its investors, albeit a little. But the fact that the problems in Curve Finance are not over yet continues to shake the price balance. The CRV, which was withdrawn with its $ 0.70 value, has lost 13.70 percent in the last two days.
Curve DAO (CRV) technical analysis
Curve Finance ecosystem, which is in trouble with cyber security and liquidity problems, clearly reflects this situation in its price structure. Today’s popular coin, which has increased by close to 50 percent with the momentum it has gained from $ 0.483, has fallen by close to 15 percent in a short time. Currently, CRV finds buyers at $ 0.613.
The news from Curve Finance will be decisive in the technical structure. With the positive developments, the levels of 0.64 – 0.673 – 0.718 and 0.78 dollars can be discussed in CRV, respectively. However, the reverse of the news flow may trigger decreases to 0.558 – 0.483 and $0.40.