The Curve DAO Token Price Prediction: CRV Prepares for a New Trend
The Curve DAO Token price is currently at $0.61 with a market cap of $537.5 million. It has a circulating supply of 870.3 million tokens out of a total supply of 1.9 billion. The coin is ranked #71 on Coinmarketcap.
Key Levels:
- Resistance levels: $0.80, $0.85, $0.90
- Support levels: $0.35, $0.30, $0.25
On the daily chart, CRV/USD is struggling to gain momentum above the $0.63 level. The price is currently hovering around the 9-day moving average, and if it breaks below this barrier, it may drop towards the lower boundary of the channel.
CRV/USD Price Prediction:
If the market price continues to slide downwards, CRV/USD may experience a bearish momentum and could target the $0.55 support level. To avoid this, the bulls need to push the coin towards the upper boundary of the channel.
If CRV manages to break above the $0.70 resistance level, it may see a bullish movement with higher highs and higher lows. The potential resistance levels to watch out for are $0.80, $0.85, and $0.90. The Relative Strength Index (14) suggests sideways movement for the market.
Against Bitcoin, the price is also moving sideways. If the bulls gain momentum, the bears may release some pressure on the market. The Relative Strength Index (14) remains below the 40-level.
CRV/BTC Price Prediction:
If the price falls towards the lower boundary of the channel, it may find support at 2100 SAT. Further downward movement could lower the price to the support level of 1500 SAT. On the upside, if the price crosses above the moving averages, it may reach the nearest resistance level of 2500 SAT. If the bulls stay above this level, the coin could potentially reach 2800 SAT and beyond.
Curve DAO Token Alternatives
The Curve DAO Token price continues to rise. The first resistance level may come at $0.65, followed by $0.70. Trading near the upper boundary of the channel may push the coin to higher levels.
Elon Musk has shown interest in the project on Twitter, which could potentially boost the popularity and value of Curve DAO Token. This engagement has previously caused other cryptocurrencies to pump, and the ongoing presale has already raised around $21 million.
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