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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) Falls 0.04%, Underperforms the Crypto Market Wednesday

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.

volatility - 45
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.

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