Curve DAO Token Losing Momentum, Is The Bullish Rally Over Now?

Curve DAO Token Losing Momentum, Is The Bullish Rally Over Now?

1
Curve DAO Token (CRV) price is down by 1.71% in the last 24 hours and currently trades at $0.51.
2
Curve dao Price seems to be losing momentum after a bullish surge. 
3
Curve DAO Token price is trying to sustain above the 50-day EMA.
Curve DAO Token price seems to be losing momentum after a bullish surge of almost 25% in the past two weeks. The price is near a resistance zone from where it might suffer rejections and show a bearish dominance.
The daily chart illustrates that the crypto price follows a parallel channel pattern. Recently, the price surged from the lower boundary of the channel pattern and made a bullish surge of more than 20%.
Currently, the price hovers near the 50-day EMA and trying to sustain above it. The price still trades in the parallel channel pattern indicating the long-term selling pressure prevailing in the crypto. 
Curve is a platform that focuses on stablecoin trading through an AMM model. The DAO and CRV t

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We współpracy z: https://www.thecoinrepublic.com/2023/09/28/curve-dao-token-losing-momentum-is-the-bullish-rally-over-now/

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