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Brief Analysis ——CRV

BINANCE:CRVUSDT   CRV / TetherUS
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.


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