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

Friday, January 14, 2022 10:03 AM | InvestorsObserver Analysts
Curve DAO Token (CRV), Moderate Volatility and Rising Friday: 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 Friday, the Decentralized Exchange has gained 2.54% to $5.13.

volatility - 38
InvestorsObserver is giving Curve DAO Token a 38 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 38, placing it in the bottom 38% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. 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 trading near resistance. With support set at $4.79 and resistance set at $5.19. This positions Curve DAO Token with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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

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