How is the technical analysis for the Curve DAO (CRV), which has lost 34 percent in the last two days?
Curve DAO (CRV), which is in trouble with liquidity problems, continues its downward movement. The popular coin, which lost more than 30 percent in just two days, created a panic atmosphere by testing $ 0.483. The fact that this point is a critical support in the wide time frame pushes the price upwards, but the danger on the CRV side is not over yet.
Curve DAO (CRV) chart evaluation
CRV, which has been making sharp declines since $0.72, scared its investors with its latest price structure. CRV, which came directly from $ 0.64 to $ 0.48, has lost 34.21% in the last two days. As of the writing of the news, CRV, which is trading at $ 0.563, can target $ 0.718 – $ 0.78 and $ 0.87 if it exceeds $ 0.64 and $ 0.673, respectively.
Situations such as continuing liquidity problems or BTC changing its course will continue to shake the CRV price. In this scenario, 0.558 – 0.483 and $0.40 levels can be followed as support, respectively. Additionally, the failure of $0.40 to be protected by buyers could increase the selling tide in CRV.
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