Curve DAO (CRV) is currently priced at $0.233953, reflecting a significant 7.81% decline over the past 24 hours. The daily trading range has been relatively tight, oscillating between a high of $0.254809 and a low of $0.229317, indicating increased selling pressure and market uncertainty.

Volume stands at approximately 75.73 million, representing 21.94% of the market cap, which suggests that market participants are actively trading despite the downward price action. The short-term moving averages indicate bearish momentum, with the 21 SMA showing a decline of 2.46% and the 55 SMA declining by 5.58%, both reinforcing the prevailing negative trend.

The hourly Relative Strength Index (RSI) is at 30, indicating that CRV is nearing oversold conditions, which could lead to a potential rebound if buying interest increases. Conversely, the 7-day RSI of 45 suggests that momentum remains weak, contributing to the overall bearish sentiment surrounding the asset.

In terms of price performance, CRV has experienced a drastic decline of 15.31% over the past week and a staggering 41.39% over the last 30 days. These figures highlight a significant downtrend that is further supported by the sharp decrease in price from its all-time high of $15.37 recorded in August 2020.

Based on the current technical indicators, including negative momentum from the moving averages and the RSI readings, the outlook for CRV remains bearish. Given the lack of immediate support and the overall market trend, a Sell rating is appropriate, as the asset may continue to decline further before finding a bottom or reversal point.