An update on clover finance token clv but truly quickly look at the crazy price fluctuation throughout the day the low is 73 cents the high is a is a dollar and 14 cents and what can we say about trading volume
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it's up 1200 remember 100 would be double so 1200 would be 13 13 times more so in other words during this 24 hour cycle there's been 13 times more in transactions of this token
than the previous 24 hour cycle it's super super active right now remember the way we use i should say trillion volume is useful if we compare it to previous cycles in other words
when training volume is up higher there is a stronger conviction of the direction that we're going in in this case we're shooting up and well that's a pretty bullish sign of 1200 in the last
24 hours a lot of people are gonna fall into this one yes a lot of people are investing this because of the fundamentals but what happened is naturally once something's shooting up
so fast a lot of people feel they feel left out and even if they don't know anything about the token there's a good chance they're still gonna buy in it is what it is and even though it's shooting
up also keep in mind it is a bounce back because it's actually nowhere near the all-time high remember the all-time high is still 220 happened on august
31st we are nowhere near that we're literally more than 50 below that so still pretty undervalued territory from my point of view okay
so let's look at the last three months ever since at the all-time high it's been in kind of a downtrend and the lowest point actually happened
just a couple days ago on friday let's go ahead and zoom in seven days got to as low as 69 cents i think think about it this way this token went from 220
all the way down to 69 or 70 cents that's a 70 decrease from its all-time high that's what i like to call a black friday sell and honestly had no business
being at this price think about it this way the price or actually say the fundamentals of this token haven't changed at all in the last three months why is it worth 70 less now there really
is no logical reason that's why i always tell people the best best time to buy it's when everything is actually down you get it you get in a huge discount and then you get to write
on the way back up look at this if you would have bought it at 70 cents right now you'll be up 50 on your investment already so where is it headed to next well looks like it finally hit a brick
wall or a resistance line i should say we might cool off a little bit i'm not saying it's gonna go down i definitely don't think it's gonna go back down to 70 cents it might dip to the 90s
and then maybe it'll start bouncing back up and then eventually we're gonna see more stable prices before we continue to shoot up because honestly we're still in pretty undervalued territory i don't expect that
we're going to end the year around these prizes let's make a prediction again just my prediction don't take it too serious but looking at the last month this token has really struggled there's a strong resistance line around 1.17
a dollar 18 once it approaches 1.20 basically and looking at the last three months the last time it actually broke that resistance line shut up all the way up to a dollar and 52 cents
so that's gonna be my guess or my prediction we're gonna go up to a dollar and fifty cents by the sometime between now and the end of the year which isn't only like three weeks left
we'll see what actually goes down though where do you even buy this well currently these are the most popular ways to buy it.