Curve DAO Token price analysis shows a bearish market sentiment today.
CRV has struggled to maintain the support level of $0.6506.
Resistance to cryptocurrency is found at the $0.6816 mark.
Curve DAO Token price analysis shows the price function is facing bearish resistance once again after the bearish trend returns to the market. The price has receded back to the $0.6651 level during the last 4 hours, and it is expected that it will go through a further decline in the coming hours. There have been constant changes in trends as ups and downs can be seen in the price movements over the past days, with the balance of power favoring the bearish side, and today the bears are again in the leading position. The chances are getting dim for the bulls to find recovery today, and the coin may soon dip into the $0.6506 range.
The bullish sentiment was seen in the market a few hours before when it surged ahead and went above the $0.6816 mark, but now that resistance is preventing further upward movement and the bears are taking control. However, the bears may also reach an exhaustion point and a new wave of bullish sentiment may follow in the coming days.
The coin’s price action is currently stuck between $0.6506 and $0.6816, and it is essential to break this range for the coin to make significant progress in its price action. Despite bearish pressure, the coin still ha …
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