CRV/USD May Hit $1.00 Resistance

The Curve price prediction reveals that if the Curve (CRV) price creates more additional uptrends, it can break above the $0.70 level.

Curve Prediction Statistics Data:

• Curve price now – $0.65
• Curve market cap – $347.5 million
• Curve circulating supply – 531 million
• Curve total supply – 1.8 billion
• Curve Coinmarketcap ranking – #84

CRV/USD Market

Key Levels:

Resistance levels: $1.00, $1.10, $1.20

Support levels: $0.40, $0.30, $0.20

After experiencing a turbulent week below the 9-day and 21-day moving averages; CRV/USD has managed to reclaim and break above the resistance level of $0.65. However, the break above the moving averages is the first signal needed for a bullish to press higher. Nevertheless, the Curve price will need to break above $0.70 before hitting $1.00.

Curve Price Prediction: Curve (CRV) Could Follow the Positive Direction

Looking at the daily chart, if the buyers continue to grind higher, the first resistance level for the Curve price may come at $0.70 as this could also be followed by $0.80. However, breaking above the upper boundary of the channel may locate the additional resistance at $1.00, $1.10, and $1.20 respectively. On the other side, if the Curve price slides and faces the lower boundary of the channel, CRV/USD could hit the first support level at $0.60.

Beneath this, staying below the moving averages may lead to the critical support levels at $0.40, $0.30, and $0.20. Meanwhile, the technical indicator Relative Strength Index (14) is moving to cross above the 50-level, which indicates that buyers are likely to gain control of the market.

Against Bitcoin, the daily chart shows that the Curve price is attempting to cross above the 9-day and 21-day moving averages before heading toward the upper boundary of the channel. Meanwhile, as soon as the coin crosses above moving averages, there is a possibility that additional benefits could be obtained in the long term. Therefore, if the price keeps rising, it could hit the 4700 SAT and above.

However, if the bears regroup and keep the coin below the 9-day moving average, the support level of 3200 SAT may play out before rolling to the critical support at 3000 SAT and below. Nevertheless, the Relative Strength Index (14) is moving to cross above the 40-level, suggesting bullish movement.

Dash 2 Trade gives you the ability to optimize your trading and speculative profitability with effective crypto trading recommendations, auto trading, and analytics features. There is a D2T token presale ongoing and time is running out. The presale dashboard launch is coming soon since the product dev is ahead of the schedule. So far, the presale has raised almost $10 million.

Related

Dash 2 Trade – High Potential Presale

• Active Presale Live Now – dash2trade.com
• Featured in Cointelegraph – $10M Raised
• KYC Verified & Audited
• Native Token of Crypto Signals Ecosystem