CRV/USD Faces the Resistance Level of $1.10

The Curve Dao Token price prediction shows that CRV is likely to break above the channel as the coin is ready for a spike above $1.120.

Curve Dao Token Price Prediction Statistics Data:

• Curve Dao Token price now – $1.03
• Curve Dao Token market cap – $781.8 million
• Curve Dao Token circulating supply – 728 million
• Curve Dao Token total supply – 1.9 billion
• Curve Dao Token Coinmarketcap ranking – #62

CRV/USD Market

Key Levels:

Resistance levels: $1.40, $1.50, $1.60

Support levels: $0.70, $0.60, $0.50

CRV/USD is refreshing to a new high after touching the daily high at $1.09. The coin is currently trading at $1.03 with a bullish crossover between 9-day and 21-day moving averages. Today, the Curve Dao Token price is heading toward the upside as a higher resistance is expected at the $1.20 resistance level.

Curve Dao Token Price Prediction: CRV/USD Could Spike to the North

At the time of writing, the Curve Dao Token price may continue to increase the bullish movement if the price crosses above the upper boundary of the channel. At the moment, the technical indicator Relative Strength Index (14) is moving toward the 60-level and could send bullish signals to encourage more buyers to enter the market.

Meanwhile, if the 9-day MA slides below the 21-day MA, the coin may visit the downside and the price could hit the support levels at $0.70, $0.60, and $0.50 respectively. Moreover, if the technical indicator Relative Strength Index (14) remains above the 60-level, there may be a strong bullish movement which could push the market to the resistance levels of $1.40, $1.50, and $1.60.

Against Bitcoin, Curve Dao Token (CRV) is trading above the 9-day and 21-day moving averages as the price makes a retreat back below the opening price of 4803 SAT. However, the fact that the market remains in the channel, the crypto is likely to slide below the 9-day and 21-day moving averages. However, if the buyers push the market price above and cross the upper boundary of the channel, CRV/BTC may touch the resistance level of 5500 SAT and above.

Meanwhile, strong selling pressure could bring the price below the moving averages, and this could attract new sellers coming into the market with the next focus on the support level of 3600 SAT and below while the technical indicator Relative Strength Index (14) moves to cross above the 70-level.

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