CRV increases by 7.39%.Gyokudoumo following the bull

If the curve (CRV) price creates another uptrend, it is technically and fundamentally ready to break out of the $1.3 level.

CRV forecast statistics:

  • CRV current price – $1.18
  • CRV Market Cap – $621.1M
  • CRV circulating supply – 528 million
  • CRV total supply – 1.8 billion
  • CRV Coinmarketcap Ranking – #68

CRV/USD Market

Main levels:

Resistance Levels: $1.50, $1.60, $1.70

Support levels: $0.90, $0.80, $0.70

CRVUSD – daily chart

After breaking out of the 9-day moving average, CRV/USD is trading towards the 21-day moving average. However, a breakout of the 9-day moving average is the first signal the bulls need to push further. Nevertheless, he needs to break out of $1.20 before CRV/USD reaches $1.30.

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What can be expected from the curve (CRV), as Madonna goes in a positive direction

Looking ahead, if buyers continue to move higher, the first resistance level for the CRV price could be $1.35, followed by $1.45. However, additional resistance can be found at $1.50, $1.60 and $1.70 respectively. Conversely, if the price of the curve breaks below the channel’s lower bound, the first support level at $1.0 is likely to be reached.

Below this, a break below the moving averages could lead to critical support levels at $0.90, $0.80 and $0.70. Meanwhile, the technical indicator Relative Strength Index (14) is above the 50 level, indicating that buyers are trying to control market momentum. This could also mean another signal for CRV heading towards his $1.20. level immediately.

For Bitcoin, the daily chart shows that the price of the curve is about to break above the 21-day moving average before heading towards the upper end of the channel. However, the longer the coin crosses his 9-day and 21-day moving averages, the more potential for additional profit in the long run. So the next resistance key above this level will be closer to the 6000 SAT level. If the price continues to rise, it could even break above 6500 SAT.

However, if the bear market regroups and breaks below the 9-day moving average, the SAT 4500 support level could expand before rolling to critical support below SAT 4300. The Relative Strength Index (14) has moved above the 50 level, suggesting a more bullish signal.

CRVBTC – daily chart

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CRV increases by 7.39%.Gyokudoumo following the bull

Source link CRV increases by 7.39%.Gyokudoumo following the bull

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