If the Curve (CRV) price creates more additional uptrends, it will be technically and fundamentally ready to break above the $1.3 level.
CRV Prediction Statistics Data:
- CRV price now – $1.18
- CRV market cap – $621.1 million
- CRV circulating supply – 528 million
- CRV total supply – 1.8 billion
- CRV Coinmarketcap ranking – #68
CRV/USD Market
Key Levels:
Resistance levels: $1.50, $1.60, $1.70
Support levels: $0.90, $0.80, $0.70
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After crossing above the 9-day moving average, CRV/USD is trading towards the 21-day moving average as the coin may kick-start an additional bullish run above $1.10. However, the break above the 9-day MA is the first signal needed for a bullish to press higher. Nevertheless, CRV/USD has to break above $1.20 before hitting $1.30.
What to Expect from Curve (CRV) as Tamadoge Follows the Positive Direction
Looking ahead, if the buyers continue to grind higher, the first resistance level of CRV price may come at $1.35 as this could also be followed by $1.45. However, additional resistance may also be found at $1.50, $1.60, and $1.70 respectively. On the other side, if the Curve price moves below the lower boundary of the channel, it could hit the first support level at $1.0.
Beneath this, staying below the moving averages may lead to the critical support levels at $0.90, $0.80, and $0.70. Meanwhile, the technical indicator Relative Strength Index (14) is moving to cross above the 50-level, which indicates the buyers are attempting to gain control of the market momentum and this, could also mean that another signal of CRV could be pushing towards $1.20 level soon.
Against Bitcoin, the daily chart shows that the Curve price is attempting to cross above the 21-day moving average before heading towards the upper boundary of the channel. However, as much as the coin crosses above the 9-day and 21-day MAs, there is a possibility that additional benefits could be obtained in the long term. Therefore, the next resistance key above this level is close to the 6000 SAT level. If the price keeps rising, it could even break the 6500 SAT and above.
However, if the bears regroup and slide below the 9-day moving average, the support level of 4500 SAT may play out before rolling to the critical support at 4300 SAT and below. The Relative Strength Index (14) is moving to cross above the 50-level, suggesting more bullish signals.
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Related:
Source: https://insidebitcoins.com/news/crv-climbs-by-7-39-tamadoge-is-obeying-the-bulls