Curve DAO Token Price Prediction for Today, June 2: CRV/USD Could Hit $0.95 Resistance

Updated: 21 June 2023

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The Curve DAO Token price prediction reveals that if the market price creates more additional uptrends, it can break above the $0.90 level.

Curve DAO Token Prediction Statistics Data:

Curve DAO Token price now – $0.84
Curve DAO Token market cap – $695 million
Curve DAO Token circulating supply – 819.3 million
Curve DAO Token total supply – 1.9 billion
Curve DAO Token Coinmarketcap ranking – #65

CRV/USD Market

Key Levels:

Resistance levels: $1.00, $1.10, $1.20

Support levels: $0.65, $0.55, $0.45

Curve DAO Token Price Prediction for Today, June 2: CRV/USD Could Hit $0.95 Resistance — CRVUSD – Daily Chart

After trading within the 9-day and 21-day moving averages for several weeks; CRV/USD has managed to reclaim and break above the resistance level of $0.80. However, the break toward the upper boundary of the channel is the first signal needed for a bullish to press higher. Meanwhile, CRV/USD will need to break above $0.90 before hitting $1.00.

Curve DAO Token Price Prediction: CRV/USD Could Follow the Positive Direction

According to the daily chart, if the Curve DAO Token price continues to grind higher, the first resistance level may come at $0.90 as this could also be followed by $0.95. However, trading near the upper boundary of the channel may locate the additional resistance at $1.00, $1.10, and $1.20 respectively. On the contrary, if the Curve DAO Token price slides below the lower boundary of the channel, it could hit the first support level at $0.75.

Beneath this, sliding below the moving averages may lead to the critical support levels at $0.65, $0.55, and $0.45. Meanwhile, the technical indicator Relative Strength Index (14) is moving to cross above the 50-level, which indicates that buyers are likely to gain control of the market.

Against Bitcoin, the daily chart shows that the Curve DAO Token price is attempting to cross above the upper boundary of the channel. Meanwhile, as soon as the coin crosses this barrier, there is a possibility that additional benefits could be obtained in the long term. Therefore, if the price keeps rising, it could hit the 3700 SAT and above.

However, if the bears regroup and bring the coin below the 9-day and 21-day moving averages, the support level of 2800 SAT may play out before rolling to the critical support at 2600 SAT and below. Nevertheless, the Relative Strength Index (14) crosses above the 50-level, suggesting bullish movement.

Curve Alternatives

The Curve DAO Token has been trying to cross above the 9-day and 21-day moving averages but the $0.80 support level has been the critical support where the price normally touches. Meanwhile, the Curve price may need to stay above the moving averages before making an upward movement and this makes the support level a strong support zone. Nevertheless, Wall Street Memes has already received engagement on Twitter from Elon Musk on several occasions and this could help Wall Street Memes become one of the best meme coins since links to Elon have caused several cryptos to pump in the past as almost $3m has been raised in the ongoing presale.

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