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The price prediction for the Curve Dao Token suggests that CRV is poised to break out of its current trading channel, indicating a potential upward movement.
Curve DAO Token Statistics Data:
- Curve DAO Token price now – $0.44
- Curve DAO Token market cap – $388.6 million
- Curve DAO Token circulating supply – 879.4 million
- Curve DAO Token total supply – 2.0 billion
- Curve DAO Token Coinmarketcap ranking – #81
CRV/USD Market
Key Levels:
Resistance levels: $0.60, $0.65, $0.70
Support levels: $0.30, $0.25, $0.20
Looking at the daily chart, CRV/USD is trading at $0.44, aiming to cross above the upper boundary of the channel. The price is expected to rise above the 9-day moving average. If buyers manage to push the price above the $0.45 resistance level, the daily candlestick might close above the moving averages, potentially leading to a rally toward the upside.
Curve Dao Token Price Prediction: CRV Gearing Up for an Upward Movement
According to the daily chart, the Curve Dao Token’s price is approaching the $0.50 resistance level, indicating potential gains. However, the Relative Strength Index (14) is also moving to cross above the 50-level, with the signal line pointing upwards, suggesting a buy signal.
Should buyers successfully push the price above the 9-day and 21-day moving averages, CRV/USD may surge above the upper boundary of the channel, targeting potential resistance levels at $0.60, $0.65, and $0.70. Conversely, any bearish movement toward the lower boundary of the channel could bring the coin down to support levels at $0.30, $0.25, and $0.20 respectively.
CRV/BTC Moves Upwards
In comparison to Bitcoin, the Curve Dao Token is likely to experience a bullish surge, which could spike toward the upper boundary of the channel. Moreover, this move could lead to a resistance level of around 2100 SAT and above. Conversely, if the market price drops below the lower boundary of the channel, it could find support at the 1200 SAT level and below.
Nevertheless, the Relative Strength Index (14) is currently crossing above the 40-level, with the signal line pointing to the north to confirm the bullish movement. Furthermore, continued bullish momentum could result in additional gains above the upper boundary of the channel.
Alternatives to Curve DAO Token
If buyers manage to drive the price of Curve DAO Token above the channel, it might be necessary for the token’s price to exceed $0.50. On the contrary, should sellers successfully bring the market price below the $0.40 support level, traders could interpret the market as being in a bearish state.
While certain tokens are experiencing declines, the $WSM token is bucking the trend with a compelling “buy” recommendation, thanks to its attractively affordable presale price. Act now to gain an immediate advantage by securing your $WSM tokens before they appreciate significantly. As of now, the Wall Street Memes token has already amassed more than $25 million.
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