A 21% drop on the Curve DAO Token market last week (November 15 - November 21) signals that the sellers are gaining strength.

The analysis of last week’s price action shows that the Curve DAO Token market is in the bearish phase since the price has been moving downward. The volatility of CRV has been medium throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of decreased trading volume.

Curve DAO Token has been moving reservedly on the backdrop of average volatility. Our comprehensive data indicates that the price change of CRV has been moderate on the back of the average volatility of 5% for the given time period. The largest volatility for the given period occurred on November 15 and amounted to 5.96%. The asset's volatility was at its lowest on November 19 when it dropped to 0.47%. The mild volatility registered on the crypto coin's market over the said period allows us to expect moderate price movements in both directions without significant breakouts.

On November 15, the first trading session of the reviewed time period, the market participants saw CRV moving up by 2%. The market sentiment on November 16 stayed bearish as the coin obtained another 5%. The price range of Curve DAO Token formed between $0.54 and $0.59 on November 17 as the price traveled 4% down. The next trading session was characterized by more price action (as CRV made a 3% move) on the back of the consistent trading volume. On November 19, Curve DAO Token finished the trading day with no changes to the flatlined market. The trading period on November 20 saw the crypto coin forming the price amplitude between the open at $0.55 and the close at $0.52, also interacting with $0.51 (24H low) and $0.51 (24H high). The coin found the deepest trough (24H low) at $0.49 on November 21 and then exploded to the ceiling (24H high) at $0.53; the price range for that day was between $0.52 and $0.49. Over the course of all trading sessions, the asset established the weekly low at $0.49 while buyers managed to push the price up to the weekly high at $0.63. As a result of price action within the designated time period, the price movement range on the Curve DAO Token market was established at $0.13 or 21% between the weekly low and the weekly high.

Curve DAO Token ’s average trading volume on the opening day of the observed time period, November 15, stood at $56 637 764, while on the closing day of the same period, it moved to $65 849 509. Over the week that came before the analyzed time span, the average trading volume of CRV ranged between $44 904 349 and $203 773 531. The average trading volume of the asset fluctuated by 54% by comparison with the previous period, whereas the price change of 21% took place over the same period of time.

The total capitalization of Bitcoin at the start of the analyzed time period (November 15) amounted to $385 936 503; by the end of that period (November 21), the capitalization went to $325 487 938. CRV experienced a 16% change in total market capitalization throughout the past seven days. The price of the coin changed by 21% on the back of the 16% shift in its total market capitalization. A more precise analysis of the Curve DAO Token market also requires a comparison with the change in market capitalization from the week before, which amounted to 30% on the back of the move from $571 169 132 to $399 528 424.

Tue 15Thu 17Sat 19Mon 21Tue 15Thu 17Sat 19Mon 210.480.500.520.540.560.580.600.620.480.500.520.540.560.580.600.62
Article date: November 21 | November 15 - 21

Market reviews for similar coins for November 15 - 21