Curve DAO Token (CRV) fell below the $0.30 level during a sharp daily selloff, trading near $0.284 after dropping about 13% over 24 hours. CoinMarketCap recorded an intraday range between $0.2668 and $0.3364, while trading volume climbed above $113 million. The breakdown below $0.30 leaves CRV trading under a support area that had previously helped contain declines.
CRV is the governance token of Curve, a decentralized exchange focused largely on stablecoins and pegged assets. Its market capitalization stood near $449 million as selling accelerated. The rise in trading activity alongside the price decline confirms heightened market participation but does not by itself reveal whether selling pressure will persist. Volume alone cannot determine the token’s next direction.
The immediate reference is whether CRV can reclaim $0.30 or remains below that level. If weakness continues, $0.2372 represents a lower technical level to watch rather than a guaranteed destination. A recovery above $0.30 would weaken the current bearish setup, while continued trading below it would keep downside risk in focus. Subsequent price and volume behavior will provide clearer confirmation.
Source: CoinMarketCap .
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