Brief Analysis ——CRV
At 10:00am Jul.17 local time, ETHCC, the largest annual Ethereum community conference in Europe, was held in Paris. The conference will last for four days. Some classic protocols will bring new mechanisms, new plans and new routes. Today we will share 3 project tokens participating in ETHCC, UNI, 1INCH and CRV. Prepare for the possible pump.
CRV is close to repairing the damage caused by SEC. During the rising that began in mid-June, the gap between bulls and bears was narrow. Price rose with callback. Recently, after the price is close to 0.85, the strength of the bears increased and the callback began. The duration and the slope of the decline increased. CRV is similar to UNI, remains neutral on a large scale. But the bulls of CRV is weaker.
Conclusion: Mostly fluctuation. The gap between bulls and bears is not obvious. We set resistance level at 0.88 and support level at 0.72.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
CRV is close to repairing the damage caused by SEC. During the rising that began in mid-June, the gap between bulls and bears was narrow. Price rose with callback. Recently, after the price is close to 0.85, the strength of the bears increased and the callback began. The duration and the slope of the decline increased. CRV is similar to UNI, remains neutral on a large scale. But the bulls of CRV is weaker.
Conclusion: Mostly fluctuation. The gap between bulls and bears is not obvious. We set resistance level at 0.88 and support level at 0.72.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
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