• Convex Finance (CVX) has seen a surge of 8.82% in the past week, bringing its price up to $6.56.
• According to Convex Finance’s price forecast, CVX is expected to reach $5.25 in 2023 and $21.69 in 2024.
• Investors Observer’s research suggests that CVX is a medium-risk investment with potential for future growth.
Convex Finance (CVX): Recent Price Surge
Last week, the price of Convex Finance was $6.03 and is now at $6.56 after moving 8.82% during the last week. In reality, CVX has surged by 6.02% during the last 24 hours and the cryptocurrency market is in a mildly pessimistic mood with long-term positive outlooks for CVX to hit $21.69 in 2024 according to Convex Finance’s price forecast predictions for 2023 and 2024 respectively . The total circulating supply at time of writing was 743,365,38.33 with a market capitalization of 489,049,463 USD and 9,996,901 USD trading volume within the last 30 days amongst other metrics relevant to evaluating market sentiment towards Convex Finance (CVX).
Price Prediction: Short Term Outlook
The short term outlook on Convex Finances (CVX) predicts an average cost of 11.95 USD per unit in April 2023 with the highest potential price being 12.79 USD per unit which marks a 106 percent increase from the previous all-time high set on January 1st 2022 when it peaked at 60 dollars per unit according to our study based on past prices behaviour current events and public opinion when this article was written .
Price Prediction: Long Term Outlook
The long term outlook on Convex Finances (CVX) predicts an average cost of 13 dollars per unit 27 cents in August 2023 with the highest potential price being 14 dollars and twenty cents as shown below based again on past behaviour current events and public opinion when this article was written .