CRV: Daily RSI + Strong Support

CRV / US Dollar (calculated by TradingView) BINANCE:CRVUSD

LA_Designer

Every time CRV’s daily RSI nears level 30, it is usually followed by a nice bounce up. We are also seeing bullish divergence , where the price action is making lower lows and the RSI is making slightly higher lows. In addition, CRV has tapped this strong support zone 4 times since May 2021.

I would not expect a full bullish continuation until that downward trend line is broken and tested as new support.

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