Civic (CVC) Price Prediction 2022 – Will CVC Hit $1 Soon?

• Bullish CVC price prediction is $0.2045 to $0.4417.
• The CVC price will also reach $1 soon.
• CVC’s bearish market price prediction for 2022 is $0.1121.

In Civic (CVC) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about CVCto analyze the future movement of the cryptocurrency. 

Civic (CVC) Current Market Status

According to CoinGecko, the price of CVC is $0.122047 with a 24-hour trading volume of $5,325,485 at the time of writing. However, CVC has decreased to 1.1% in the last 24 hours. 

Moreover, Civic (CVC) has a circulating supply of 802,000,010 CVC. Currently, CVC trades in cryptocurrency exchanges such as  Binance, OKX, Bybit, BingX, and CoinW. 

What is Civic (CVC)?

Civic is a blockchain-based identity management solution that provides individuals and companies with the tools they need to control and protect personally identifiable information. It aims to change the way we think about identity verification by giving users more control over their personal data, giving them access to a wide range of services without having to provide too much personal information.

Civic (CVC) Price Prediction 2022

Civic (CVC) holds the 254th position on CoinGecko right now. CVCprice prediction 2022 is explained below with a daily time frame.

The above chart of Civic (CVC) laid out a descending channel pattern, also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.

Currently, Civic (CVC) is at $0.122047. If the pattern continues, the price of CVC might reach the resistance level of $0.2447, $0.4203, & $0.9408. And if the trend reverses it might fall to the support level of $0.1116

Civic (CVC) Support and Resistance Levels

The chart below shows the support and resistance levels of CVC.

From the above daily time frame, we can clearly interpret the following as the resistance and support levels of CVC.

The charts show that CVC has performed a bullish trend over the past month. If this trend continues, CVC might run along with the bulls overtaking its resistance level at $0.4417.

Accordingly, if the investors turn against the crypto, the price of the CVCmight plummet to almost $0.1121, a bearish signal.

Civic (CVC) Price Prediction 2022 — RVOL, MA, and RSI

The Relative Volume (RVOL) of Civic (CVC) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of CVC lies below the cutoff line, indicating weaker participants trading in the current trend.

Moreover, the Moving Average (MA) of the Civic (CVC) is shown in the above chart. Currently, CVC is in a bullish state. Notably, the CVC price lies below 50 MA (short-term), so it is completely in a downward trend. There is a possibility of a reversal trend of CVC at any time.

Meanwhile, the relative strength index (RSI) of the CVC is at a level of 50.21. This means that CVC is in neither an overbought nor an oversold state. However, this gives confidence to the traders to trade without any fear.

Civic (CVC) Price Prediction 2022 — ADX, RVI

Let us now look Average Directional Index (ADX) of the Civic (CVC). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

The above chart represents the ADX of the Civic (CVC). Currently, CVC lies in the range of 16.7515, so it indicates a strong trend. 

From the above chart, the Relative Volatility Index (RVI) of Civic (CVC). RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of CVClies above 50, indicating that the direction of volatility is high. In fact, CVC’s RSI is at the 50.21 level thus confirming a potential buy signal.

Comparison of CVC with BTC, ETH

The chart below shows the price comparison between Bitcoin, Ethereum, and Civic (CVC).

From the above chart, we can interpret ETH, BTC, and CVC are moving in a similar trend. This indicates that when the price of BTC increases or decreases, the price of ETH and CVC increase or decreases respectively.

Civic (CVC) Price Prediction 2023

If the declining price action completely slows down in momentum and the trend reverses,  Civic (CVC) might probably attain $3 by 2023.

Civic (CVC) Price Prediction 2024

With several upgrades in the network, Civic (CVC) might enter a bullish trajectory. If the coin grabs the attention of major investors, it might rally to hit $7 by 2024. 

Civic (CVC) Price Prediction 2025

If Civic (CVC) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 3 years, CVC would rally to hit $11.  

Civic (CVC) Price Prediction 2026

If Civic (CVC) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 4 years, CVC would rally to hit $15. 

Civic (CVC) Price Prediction 2027

If Civic (CVC) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 5 years, CVC would rally to hit $19. 

Civic (CVC) Price Prediction 2028

Despite the trends in the highly-volatile crypto market, if Civic (CVC) holds up a strong stance as a better investment option for the next 6 years, it might drive significant price rallies. Thus, by 2028, CVC would hit $22.

Civic (CVC) Price Prediction 2029

If investors flock in and continue to place their bets on Civic (CVC), it would witness major spikes. CVC might hit $25 by 2029.

Civic (CVC) Price Prediction 2030

With greater advancements in the Civic ecosystem, the crypto community might continue to invest in Civic (CVC) for the next 8 years and drive significant price rallies for the token. Hence, Civic (CVC) might hit $27 by 2030.

Conclusion

With continuous improvements in the Civic network, we can say that 2022 is a good year for CVC. For this reason, the bullish price prediction of Civic (CVC) in 2022 is $0.4417. On the other hand,  the bearish Civic (CVC) price prediction for 2022 is $0.1121.

Furthermore, with the advancements and upgrades on the Civic ecosystem, the performance of Civic (CVC) would rise to reach above its new all-time high (ATH) of $9.09 very soon. But, it might also reach $1 if the investors believe that CVC is a good investment in 2022.

FAQ

1. What is Civic (CVC)?

Civic is a minimal succinct blockchain developed to curtail computational requirements in order to run DApps more efficiently. 

2. Where can you purchase a Civic (CVC)?

Civic (CVC) has been listed on many crypto exchanges which include  Binance, OKX, Bybit, BingX, and CoinW. 

3. Will Civic (CVC) reach a new ATH soon?

With the ongoing developments and upgrades within the Civic platform, Civic (CVC) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Civic (CVC)?

On January 3, 2018, Civic (CVC) reached its new all-time high (ATH) of $1.35.

5. Is Civic (CVC) a good investment in 2022?

Civic (CVC) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Civic in the past few months, CVCis considered a good investment in 2022.

6. Can Civic (CVC) reach $1?

Civic (CVC) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues, Civic (CVC) will hit $1 soon.

7. What will be the Civic (CVC) price by 2023?

Civic (CVC) price is expected to reach $3 by 2023.

8. What will be the Civic (CVC) price by 2024?

Civic (CVC) price is expected to reach $7 by 2024.

9. What will be the Civic (CVC) price by 2025?

Civic (CVC) price is expected to reach $11 by 2025.

10. What will be the Civic (CVC) price by 2026?

Civic (CVC) price is expected to reach $15 by 2026.

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret as investment advice. TheNewsCrypto team encourages all to do their own research before investing.