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- 1 Curve DAO price prediction showcases the inclination of CRV crypto in an interesting pattern.
- 2 CRV crypto is trying to sustain above 20 and 50-EMAs to recover above the 100 and 200-days Daily Moving Averages.
- 3 The pair of CRV/BTC was at 0.0000261 BTC with an intraday drop of 1.52%.
Curve DAO price prediction showcases that CRV crypto is at a crucial make-or-break situation over the daily time frame chart. CRV cryptocurrency must attract buyers in order to register its breakout from the rising wedge pattern over the chart. However, sellers are trying to pull CRV crypto prices towards the lower trendline of the rising pattern. Investors in Curve DAO cryptocurrency need to wait for any directional change over the daily time frame chart.
Curve DAO price was at $0.792382 and has lost 1.60% of its market capitalization during the day’s trading session. Trading volume fell by 19.92% during intraday. This demonstrates that sellers are trying to pull CRV crypto over the chart. The olume to market cap ratio was at 0.0417.
Will Curve DAO Price Register Breakout?
Curve DAO price prediction indicates the fall of CRV crypto price inside the rising wedge pattern over the daily time frame chart. CRV crypto needs to accumulate buyers in order to sustain at the verge of the pattern. However, sellers are getting involved in the trade as stated by the volume which is below average. Meanwhile, CRV crypto is trying to sustain above 20 and 50-EMAs to recover above 100 and 200-days Daily Moving Averages.
Curve DAO price has surged around 1.11% in a week and 18.17% in a month. Moreover, Curve DAO price has increased around 18.42% in the last six months and 51.05% year to date highlighting the successful performance of CRV crypto in 2023 till date.
Technical indicators suggest the decline of CRV crypto price. Relative strength index showcases the downtrend momentum of Curve DAO crypto. RSI was at 56 and is heading towards neutrality toward the oversold region.
MACD exhibits the consolidation phase of CRV crypto inside the rising wedge pattern. The MACD line is trying to remain above the signal line. Investors in Curve DAO crypto need to wait for any directional change over the daily time frame chart.
Summary
Curve DAO price prediction showcases that CRV crypto is at a crucial make-or-break situation over the daily time frame chart. However, sellers are getting involved in the trade as stated by the volume which is below average. Moreover, Curve DAO price has increased around 18.42% in the last six months and 51.05% year to date. Technical indicators suggest CRV crypto price is likely to decline. Investors in Curve DAO crypto need to wait for any directional change over the daily time frame chart.
Technical Levels
Support Levels: $0.7801 and $0.75
Resistance Levels: $0.82 and $0.85
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
