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Is Convex Finance (CVX) Poised For 25% Gains Next Week?Is Convex Finance (CVX) Poised For 25% Gains Next Week? Meta Description: Convex Finance price experienced a strong downturn in tandem with the broader market crash The positive divergence in the price DAA divergence indicator is rising indicating a potential recovery in the price ahead. The CVX/USD technical chart highlights a consolidation near the demand zone in the recent sessions. While the broader market headed for a recovery with BTC again nearing the $60K mark and Ethereum claiming $2

by Ritika_TCR

ccelerates and the nearest support that could aid the CVX At press time, the daily chart shows a decline after the CVX relative strength index (RSI) surged from 34 to 70 in the past 48 hours. The indicator shows that CVX is at 54.98, which seems to be declining from overbought, and there could be a strong whale manipulation in play. However, MACD still has a bullish cross in play with histogram, and 200-day EMA has pushed CVX down towards 50-day EMA. Therefore, if bearishness accelerates and the nearest support that could aid the CVX price is $2.50 an

by Yash_Jain_1309