Markets· ★★· bearish·

CRV Under Pressure: Price at $0.345 on Volume 83% Above Average

  • —CRV trades at $0.3452745, down 1.87% on the day
  • —Volume of $113.92 million is 83.46% above the 30-day average
  • —Price is below SMA-7 and VWAP but above SMA-90 and SMA-200
  • —RSI at 47.2 and a bearish MACD point to weak momentum
Why it matters: Heavy volume on a pullback after a 67% 90-day gain may signal profit-taking, while holding above SMA-90 and SMA-200 keeps the medium-term structure intact.
Source: DiarioBitcoin