Curve Finance [CRV] climbs up double digits, but is it enough for the DeFi token?

📆 30/7/2565 19:33:00
📰 CryptoAmb

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DeFi tokens, including Curve DAO Token [CRV], Uniswap [UNI], and 1INCH, were part of the cryptocurrencies that surged as of 29 July. In addition, none of the tokens gained as much as CRV throughout the uptick. Like it did some days back, CRV hit as high as $1.56— a new monthly high. As of 29 […]

The crypto research institute also noted that CRV accounted for recent transactions that passed through Decentralized Exchanges .

Besides the uptick, CRV’s price action has been impressive. On 28 July, CRV skyrocketed from $1.27 to $1.51. However, there has been a slight downfall in its price at the time of this report. At press time, CRV traded at $1.41. Additionally, the Relative Strength Index further stood above the 50 level after witnessing a slight drop in the last 48 hours.While CRV has an excellent potential to increase its rally, it could also retrace before going on an uptrend.

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