{"id":441334,"date":"2023-09-21T15:14:56","date_gmt":"2023-09-21T15:14:56","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=441334"},"modified":"2023-09-21T15:14:56","modified_gmt":"2023-09-21T15:14:56","slug":"curve-dao-token-crv-price-prediction-is-a-15-hike-in-crvs-future","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/curve-dao-token-crv-price-prediction-is-a-15-hike-in-crvs-future","title":{"rendered":"Curve DAO Token (CRV) Price Prediction: Is a 15% Hike in CRV’s Future?"},"content":{"rendered":"

Curve Dao (CRV) price signals a rebound in price from the support zone. However, there might be challenges that hinder a move upward.<\/span><\/p>\n

CRV is trading at $0.43<\/a> at 7:44 a.m. EST, a 0.6% drop in the last 24 hours. However, the altcoin indicates a 6% gain in the last seven days, attracting the attention of investors. <\/span><\/p>\n

Let’s see if CRV can see a 15% rise in the coming weeks.<\/span><\/p>\n

CRV Price Rebounds Within a Descending Triangle<\/span><\/h2>\n
\"CRV\/USD
CRVUSD Chart Analysis. Source: Tradingview.com<\/figcaption><\/figure>\n

CRV’s price has persistently declined due to a battle between bullish and bearish forces, forming a descending triangle pattern signaling a continuation of the bearish trend. <\/span><\/p>\n

The bulls seem to have encountered resistance at $1.29 after regrouping at the $0.42 support zone to recover their losses. <\/span><\/p>\n

The 50-day moving average indicates a crossover at $0.76, trading below the 200-day moving average. <\/span><\/p>\n

This indicates increased selling pressure, which confirms the bearish sentiment. Further, both moving averages are positioned above the CRV price, strengthening the bearish outlook.<\/span><\/p>\n

However, the price hints at a potential rebound towards the triangle’s upper boundary (as indicated by short, succeeding bullish candles). The relative strength index, currently at 48 (up from oversold at 30), suggests increased buying pressure. <\/span><\/p>\n

CRV price’s overall outlook remains bearish, with the descending triangle and moving averages indicating potential bearish movements. <\/span><\/p>\n

Bears might push the price below the triangle, focusing on the critical weekly support level at $0.07.<\/span><\/p>\n

If the bulls sustain the bullish momentum, the price may aim to reach the triangle’s upper boundary, with key levels to watch at $0.65 and $0.78.<\/span><\/p>\n

As CRV strives to find its footing, Wall Street Memes offers an excellent opportunity to investors who like to bet on sure returns. <\/span><\/p>\n

Wall Street Memes (WSM) Presale Ends in 4 Days<\/span><\/h2>\n

\"Wall<\/p>\n

Set to end in 4 days on September 25<\/span><\/a>, the Wall Street Memes presale has already secured over $25 million in presale funding, and analysts anticipate a rapid price surge when it officially debuts on significant exchanges, thanks to its solid fundamentals and positive project updates.<\/span><\/p>\n

Wall Street Memes has set an ambitious goal of achieving a $1 billion market capitalization before its Tier-1 exchange listing, a move that could potentially lead to significant price gains, as outlined in its roadmap.<\/span><\/p>\n

\n

Can't magic away those loans bro pic.twitter.com\/dJk4AF7XJb<\/a><\/p>\n

— Wall Street Memes (@wallstmemes) September 20, 2023<\/a><\/p><\/blockquote>\n