$CVC Coin Today's Market Trends and Analysis
Current Price: $0.1209
Circulating Market Cap: $121 million, Circulation Rate 80.2%
Transaction Amount: 24-hour transaction volume $8.02 million, Turnover Rate 8.26%, indicating moderate market activity.
USDT trading pairs are predominant, with the Korean Won market accounting for 25.34%, indicating high interest in CVC in the Asian market.
Support Level $0.1581, Resistance Level $0.1927, Recent High $0.19817, a breakthrough requires volume support.
Correlation 0.45 with $BTC , affected by the volatility of the overall market but relatively independent. Recently, the total market capitalization of global cryptocurrencies has rebounded, and CVC, as a leading project in the decentralized identity verification track, benefits from sector rotation.
The market bets on a rate cut in September, with risk assets (including cryptocurrencies) favored by capital, but caution is needed for hawkish signals from the interest rate meeting on the 16th; cryptocurrency volatility is extremely high, with CVC's historical maximum drawdown reaching 92.73%, requiring strict stop-loss measures.
CVC is currently affected by overbought signals and overall market fluctuations, showing signs of pullback pressure, but fundamentals and ecological progress support mid-term value.
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