$CRV has been testing the ongoing downtrend since the day it was listed. It is currently approaching the 0.98 level, and in the event of a potential trend break, especially with the positive support from the #Ethereum side, a rapid movement towards the 1.02 – 1.05 zone marked on the chart could occur in the short term. Below, the 0.90 – 0.92 band is an important support zone. As long as there are no closures below this level, upward attempts can be expected to continue.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$CRV has been testing the ongoing downtrend since the day it was listed. It is currently approaching the 0.98 level, and in the event of a potential trend break, especially with the positive support from the #Ethereum side, a rapid movement towards the 1.02 – 1.05 zone marked on the chart could occur in the short term. Below, the 0.90 – 0.92 band is an important support zone. As long as there are no closures below this level, upward attempts can be expected to continue.