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Curve DAO Token (CRV), Moderate Volatility and Falling Monday: Is it Time to Cash Out?

Monday, January 24, 2022 11:27 AM | InvestorsObserver Analysts
Curve DAO Token (CRV), Moderate Volatility and Falling Monday: Is it Time to Cash Out?

Curve DAO Token (CRV) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Decentralized Exchange has fallen 12.53% to $2.59.

volatility - 44
InvestorsObserver is giving Curve DAO Token a 44 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 44, placing it in the bottom 44% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. CRV's moderate volatility reading pairs 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 favorably positioned going forward. With support near $2.38 and resistance around $2.68. This positions 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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