The Convex Finance token is released from sellers' clutches after consolidation and shows an ascending parallel channel.
Convex Finance price is trading above the 20-day moving average in terms of the daily price chart.
In terms of the hourly price chart, the RSI is trading bullish above a half-line (50-point) as well as on the daily time frame. Furthermore, the Average Directional Index (ADX) is spotting at 19-points, indicating a slightly bullish trend for the Convex Finance token.
There is no doubt that the bulls are dominating the convex finance token trend with the help of an ascending parallel channel. For the upcoming trading sessions, CVX holders will have to manage the token price above the $24-resistance level along with the current channel.
Support level - $15 and $10
Resistance level - $24 and $30
Convex Finance price is trading above the 20-day moving average in terms of the daily price chart.
In terms of the hourly price chart, the RSI is trading bullish above a half-line (50-point) as well as on the daily time frame. Furthermore, the Average Directional Index (ADX) is spotting at 19-points, indicating a slightly bullish trend for the Convex Finance token.
There is no doubt that the bulls are dominating the convex finance token trend with the help of an ascending parallel channel. For the upcoming trading sessions, CVX holders will have to manage the token price above the $24-resistance level along with the current channel.
Support level - $15 and $10
Resistance level - $24 and $30
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