Crypto
CRV Price Eyes Breakout as Buyers Return
Curve DAO Token (CRV) has shown renewed buying interest after retesting a key support zone.
The token, which had been trading in a range of $0.19 to $0.23 during the summer, broke out and sent prices toward a peak near $0.39 before sellers triggered a pullback.
Currently, CRV is hovering at levels of $0.348 as investors try to create a new support base after the significant rise.
The 20-day EMA is trading at $0.338, while the 50-day EMA is trading at $0.301, indicating that the overall picture is still positive.