InvestorsObserver gives Curve DAO Token a strong long-term technical score of 88 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders.
CRV at this time has a superior long-term technical analysis score than 88% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.
Trading Analysis
The current trading price of $2.390000000 for CRV is -$0.4400000 (-15.40%) below the tokens 100-day moving average of $2.830000000. CRV meanwhile is $1.3300000 (-806.30%) above its 52-week low of $1.070000000 and -$4.35000000 (-112.80%) under its 52-week high price of $6.740000000. Curve DAO Token’s current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 88. The price movement and range of CRV suggest that investors are neutral on the token at this time.
Curve DAO Token currently has a total market cap of $1,132,333,177.44 to go along with its average daily volume of $1,259,387,517.00 worth of the currency over the past seven days. CRV’s volume is below its seven day average as of the past 24 hours, with 186,302,594.47 exchanged in that period.
This token’s subclass Decentralized Exchange: A peer-to-peer (P2P) marketplace for buyers and sellers of cryptocurrencies. Decentralized exchanges keep users in control of their private keys during transactions which is not the case on a centralized exchange.
Summary
CRV’s historical trading over the past year gives it a a strong long-term technical score of 88 as its price movement in that time has given investors reason to be neutral on the token in the long-term.
