Curve DAO, which increased nearly 50 percent at the beginning of the month ( CRV), fell by 13.70 percent in a short time.
With a performance of 47.03 percent in total between 1-4 August, CRV made its investors happy, albeit a little. But the fact that the problems in Curve Finance are not over yet continues to shake the price balance. The CRV, which was withdrawn with its $ 0.70 value, has lost 13.70 percent in the last two days.
Curve DAO (CRV) technical analysis
Curve Finance ecosystem, which is in trouble with cyber security and liquidity problems, clearly reflects this situation in its price structure. Today’s popular coin, which has increased by close to 50 percent with the momentum it has captured at $ 0.483, has fallen by close to 15 percent in a short time. Currently, CRV finds buyers at $ 0.613.
The news from Curve Finance will be decisive in the technical structure. With the positive developments, the levels of 0.64 – 0.673 – 0.718 and 0.78 dollars can be discussed in CRV, respectively. However, the reverse of the news flow may trigger decreases to 0.558 – 0.483 and $0.40.
