Bear Trap Triggers Recovery Opportunity for Curve Dao Coin(CRV)

Bear Trap Triggers Recovery Opportunity for Curve Dao Coin(CRV)

With a massive surge in volume, the Curve dao coin price bounced back from $0.4 psychological support. However, this sudden bullish reversal reclaimed a recently breached $0.534 mark, offering buyers additional support to lead a price recovery. How far the bullish rally is likely to go?
Key points:
A daily candle closing above the $0.535 level would bolster further price growth
The overhead EMAs(20, 50, and 100) could offer multiple resistance against a potential rally.
The intraday trading volume in the CRV token is $629.5 Million, indicating a 1000.5% gain.
Source- Tradingview 
Following the recent bloodbath in crypto markets caused by the FTX crypto exchange crash, the Curve dao coin price witnessed an intense sell-off and plunged to the June bottom support of $0.535. However, with sustained selling in the crypto market, the altcoin couldn’t sustain this support, leading to further breakdown.
On November 20th, the CRV price breached $0.535 support, indicating the sellers are conf

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We współpracy z: https://coingape.com/markets/bear-trap-triggers-recovery-opportunity-for-curve-dao-coincrv/

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