Curve DAO (CRV), which could not get rid of liquidity problems, is on the agenda with sharp price movements.
Curve Finance problems, which started with large sales in the swap pool, are still showing their effect. CRV, which has experienced a great decline with the company’s founder selling a large amount of CRV, is now on the agenda with its rise. CRV, which increased by nearly 30 percent in a few days and 7.20 percent in the last 24 hours, ranked 3rd in the list of the highest risers. How is the graph progressing for the popular coin, which is mentioned a lot these days?
Curve DAO (CRV) chart evaluation
Insufficient liquidity and the fact that the company CEO Egorov sold a large amount of CRV brought the price directly to $ 0.483. However, the fact that this level coincided with a critical support point in the large time increased the buying side trades. Quickly recovering, CRV showed a performance of 30.53 percent in the last 5 days and came to $ 0.627.
The primary condition for rising expectations in CRV is the news flow. A move to $0.64 – 0.673 – 0.718 – 0.78 and 0.877 dollars, respectively, for the CRV may be possible if the company proceeds on the path to solving the problems. However, the opposite situation or the depreciation of BTC may pull the CRV back to 0.558 and 0.483 dollars.
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