CRV is moving to where it started

CRVUSDT price has been falling since the begging of 2022. It dropped by around 90% from its top of $6.9.

The price is still under 21 and 30 day EMAs. So, there is no need to change the strategy. It is still a bear trend. I expect the price will test November-December 2021 lows, and even lower in the next term.

After this sell-off, there will eventually be a consolidation. But this is another story.

This may mean that there will be a bearish + consolidation period in the next couple of months. To recap, a bearish trend is the main scenario.

This is not a financial advice. Trade wisely.