Search Inside Bitcoins

Curve Price Prediction for 23rd of August: CRV/USD Bull Market

Curve Price Prediction For 23rd of August: CRV/USD Bulls Market
Curve Price Prediction For 23rd of August: CRV/USD Bulls Market

Join Our Telegram channel to stay up to date on breaking news coverage

Curve Price Prediction For 23rd of August: CRV/USD Bulls Market

The CRV/USD downward trend started on the 14th of August. It took the price to the low of $0.99734776 from$1.43650343 which also forms the new support level. On the 21st of August, after the price action has settled on the support level, bulls became strong enough to prevent any further downward push of the price by the bears. This marked the beginning of the trend reversal. Bulls take the three consecutive days. The 22nd of August started with the bears winning then along the line, bulls pushed back the price beyond the bearish opening price to result in the day’s bullish win. The same thing happened today.

Curve Price Statistic:

  • CRV price now: $1.18225541
  • CRV market cap: $622,046,768
  • CRV circulating supply: 528,059,717
  • CRV total supply: 1,808,625,798
  • CRV coin market ranking: #68

Key Levels

  • Resistance: $1.2500, $1.31250, $1.37500
  • Support: $1.11430, $1.05295, $0.99885

 

Buy curve Now

Your capital is at risk

Tamadoge OKX

 

Curve Price Analysis: The Indicators Point of View

In a broad view, Curve price is trending up. Although there are significant bearish moves on the chart, we can see that the price keeps bouncing at a higher support level. This is an indication that the bulls have control over most of the market sessions. In the Relative Strength Index, the two lines cross each other in the lower section of the RSI indicator. Both the RSI line and the MACD line cross today on the daily chart. And both of them measure 46%. This is a good indication that the trend which was bearish before is now starting a bullish one. Another thing to note is that today’s price action has caught up with the 9-day moving average. There is the possibility that the bulls leap over the moving average in the next trading session.

Curve Price Prediction For 23rd of August: CRV/USD Bulls Market

Curve Price Analysis: CRV/USD 4-Hour Chart Outlook

In the 4-hour chart outlook, we see from the Relative Strength Index that the bulls are very aggressive. The RSI line moves at a very strong momentum measuring 66%. This strong momentum started yesterday and it had remained strong till the time of writing this analysis. When we take a look at the Moving Average Convergence and Divergence (MACD), we see very strong histograms. Those histograms are characterised by green colour. This is a sign of a strong bullish market. From these observations, it is likely that may CRV/USD reach the new support of $1.25000

Related

 

Tamadoge - Play to Earn Meme Coin

Our Rating

Tamadoge logo
  • Earn TAMA in Battles With Doge Pets
  • Capped Supply of 2 Bn, Token Burn
  • Presale Raised $19 Million in Under Two Months
  • Upcoming ICO on OKX Exchange
Tamadoge logo

 

Join Our Telegram channel to stay up to date on breaking news coverage

Read next

X

Tamadoge - 'Play to Earn Dogecoin' With 10-50x Potential

Tamadoge - 'Play to Earn Dogecoin' With 10-50x Potential

Tamadoge - 'Play to Earn Dogecoin' With 10-50x Potential

X