Curve DAO Token (CRV) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Decentralized Exchange has advanced 6.12% to $3.2.
Moderately Volatile
InvestorsObserver gives Curve DAO Token a moderate volatility rank of 43, placing it in the bottom 43% of cryptos on the market.
The Volatility Gauge follows meaning that one day won’t make or break its rank.
CRV’s moderate volatility reading pairs 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 above resistance. With support around $2.96 and resistance near $3.1. This positions Curve DAO Token out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
