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The Curve DAO Token price prediction shows that CRV can continue to follow the bullish move if the bulls increase the pressure.
Curve DAO Token (CRV) shows strong bullish sentiment
Since its official launch in August 2020, Curve DAO has steadily attracted attention in the crypto market thanks to its innovative network and the Curve.fi concept. As a newcomer to the crypto industry, there were limited updates available at the time. The CRV coin is currently ranked 106th among the best virtual currencies on the market and has yet to put up a compelling chart for investors and traders.
Curve DAO Token Price Prediction Statistics:
- Curve DAO Token Price Now – $0.75
- Curve DAO Token Market Cap – $869.1 Million
- Curve DAO Token Circulating Supply – 1.1 Billion
- Curve DAO Token total supply – 1.9 billion
- Curve DAO Token Coinmarketcap Ranking – #106
CRV/USD market
Key Levels:
Resistance levels: $0.90, $0.95, $1.00
Support levels: $0.55, $0.50, $0.45
CRV/USD is likely to move above the upper limit of the channel as the price heads towards the USD 0.80 resistance level. When writing, the Curve DAO Token The price is recovering above $0.70, while the 9-day moving average remains above the 21-day moving average. Meanwhile, the coin could spike north as the bulls increase pressure.
Curve DAO Token Price Prediction: CRV Could Remain Above $0.75
According to the daily chart, Curve DAO Token price is currently hovering at the $0.75 resistance level, but initial support could still be created below the previous low of $0.66. If the coin eliminates this level, the sell-off could begin with the next focus on the $0.60 level. Therefore, if this support level falls further, the downward momentum could snowball, and the next supports could be at $0.55, $0.50 and $0.45.
As the daily chart shows, bulls must realize that they need to get above the upper limit of the channel before they can reach the potential resistance levels. Above this level, traders may need to consider a sustained move for a sustained recovery towards the $0.90, $0.95 and $1.00 resistance levels. Meanwhile, the 9-day moving average remains above the 21-day MA, which could provide additional bullish signals.
CRV/BTC may move bullishly
Against Bitcoin, buyers are doing their best to take a step back from the market as the coin continues to show promising signs. On the plus side, if the Curve DAO Token price crosses the upper limit of the channel, the nearest resistance level could be at 1400 SAT and above.
On the contrary, any bearish move towards the lower boundary of the channel could reach a new support at 1000 SAT. If the price falls further to create a new low, the lower support will be at 850 SAT and below. Meanwhile, the 9-day moving average remains above the 21-day moving average, indicating that the market could follow the bullish move.
@52kskew shared insights with his extensive audience of over 100,000 followers on .30 to reach.
Chad coin of the day, in collaboration with @Bybit_Official $CRV 1D
As long as strength is seen above $0.7, $1.10 – $1.3 supply/resistance could eventually be tagged$CRV 4H
First and most important push here from 4H EMAs and previous resistanceOften the most important momentum starts here… pic.twitter.com/CzjEWcj9DG
— Skew Δ (@52kskew) March 4, 2024
Curve DAO Token Alternatives
If buyers push the Curve DAO Token above $0.80, it could signal an uptrend, while a decline below $0.65 could signal a bearish market. Despite Curve DAO Token’s market cap of $869.1 million, which ranks 107th, it may lack growth potential compared to Bitcoin Minetrix, which has raised over $11.7 million. Investors may find Bitcoin Minetrix a more promising investment.
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