Curve DAO Token (CRV) Falls 0.04%, Underperforms the Crypto Market Wednesday

Wednesday, January 19, 2022 10:53 AM | InvestorsObserver Analysts

Curve DAO Token (CRV) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Decentralized Exchange has declined 4.34% to $4.34.

InvestorsObserver is giving Curve DAO Token a 45 Volatility Rank. Find out what this means to you and get the rest of the rankings on Curve DAO Token!

Moderately Volatile

InvestorsObserver gives Curve DAO Token a moderate volatility rank of 45, placing it in the bottom 45% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. CRV's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Curve DAO Token price is in a favorable position going forward. With support at $4.11 and resistance set at $4.52. This leaves Curve DAO Token with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

Share this article: