Curve Finance: What should CRV holders expect of the token in 2023

that traders threw in impressive volume in opening short or long CRV contracts across several exchanges. Despite that, liquidations had been minimal, all amounting to $32,680 in the last 24 hours.

With CRV trending upward from the previous day, short-positioned traders suffered most of the market wipeout.Signals from the four-hour chart showed that CRV might encounter some hurdles in sustaining greens. This was because the Directional Movement Index showed a struggle between the +DMI and -DMI . At press time, the negative DMI was slightly above the positive DMI.

However, the Average Directional Index moved in a weak direction at 11.72. So, it is likely that the CRV price consolidates in the short term. Hence CRV’s first quarter in 2023 could end in a not-so-different condition from the manner it ended in 2022.Subscribe to get it daily in your inbox.

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Bron: CryptoAmb - 🏆 22. / 68 Lees verder »