The price of Curve DAO Token has increased significantly in the past 24 hours after it fell and sold a few days ago. Since October 17, 2022, the duopoly has been in control of the market, and at this stage they have the upper hand.

The trading price of Curve DAO Token (CRV) at the time of issue was 0.8975 US dollars, up 6.4% from the bottom. The rising total market value and trading volume seriously affect the personal behavior of the price. In the past 24 hours, the trading volume of CRV increased by 120.26% to $75900086, and the total market value increased by 8.53% to $475564527.

The performance indicators on the 4-hour and daily price charts show that the duopoly has been in control of the market in the past 24 hours.

The surge of Bollinger Line indicates that the increasing market fluctuation has caused the increasing pressure on purchasing. The bottom wavelength is 0.767, and the top wavelength is 0.917. The market is moving towards higher wavelengths, showing a growth trend.

With the increase of prices, there may be a very clear moving average in the positive direction in the price chart. The line value is 71.68, and the relative strength index (RSI) is close to the overbought area. However, being close to overbought areas does not necessarily mean that prices will fall; On the contrary, it is just a reminder to the traders that RSI is close to the extreme of its recent coefficient.

MACD line is located in the right area, which is better than power line. He touched at 0.021, while the power cord touched at 0.011. The good trend of CDT market is indicated by the MACD line rising above the power line. The MACD line is still moving northward, indicating that the growth trend of the bull market is likely to happen again.

The value of Stoch RSI is 96.06, which indicates that although the market rises in a short time, the price may decline, because it indicates that the market may finish the current development trend. The index is over 80 points overbought, so traders should explain it carefully.

The reading values of the elderly energy index (EFI) and bearbull energy index (BBP) exceed 0, indicating that this is a positive trend. Their reading values were 16.465k and 0.061 respectively. However, it can be seen from the 4-hour price chart that his price line is biased towards the southern region, which indicates that the price may fall in the opposite direction.

If both sides keep the price stable all the time, they should keep the price stable, although several indicator values indicate that the current development trend will end in a short time.

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