Why our Oracle predicts this for Convex Finance
As of today, Convex Finance (CVX) trades at $1.34, with a 24-hour move of -1.99%. Our algorithmic Oracle combines technical indicators (RSI, MACD, Bollinger Bands), the Bitcoin halving cycle and per-asset volatility beta to project price targets across 1 month, 12 months and 5 years. Below we walk through exactly why the Oracle reaches the figures shown above.
