Curve DAO Token Price Prediction for Today, March 4: CRV Technical Analysis | Trending Viral hub

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Curve DAO token price prediction reveals that CRV may continue to follow the bullish movement if the bulls increase the pressure.

Curve DAO Token (CRV) Shows Strong Bullish Sentiment

Since its official launch in August 2020, Curve DAO has been steadily attracting attention in the cryptocurrency market due to its innovative network and the Curve.fi concept. Being a newcomer to the crypto industry at the time, there were limited updates available. Currently ranked 106th among the top virtual currencies in the market, the CRV coin has yet to establish a compelling chart for investors and traders.

Curve DAO Token Price Prediction Statistical Data:

  • Curve DAO token price now: $0.75
  • Curve DAO token market capitalization: $869.1 million
  • Curve DAO token circulating supply: 1.1 billion
  • Total supply of Curve DAO tokens: 1.9 billion
  • Curve DAO Token Coinmarketcap Rating – #106

CRV/USD Market

Key levels:

Resistance levels: $0.90, $0.95, $1.00

Support levels: $0.55, $0.50, $0.45

Curve DAO Token Price Prediction for Today, March 4: CRV Technical Analysis
CRVUSD – Daily Chart

CRV/USD is likely to cross above the upper boundary of the channel as the price faces the $0.80 resistance level. When writing, the Curved DAO Tab The price is recovering above $0.70, while the 9-day moving average remains above the 21-day moving average. Meanwhile, the currency could shoot north if the bulls increase the pressure.

Curve DAO Token Price Prediction: CRV Could Stay Above $0.75

According to the daily chart, Curve DAO token price is currently situated at the resistance level of $0.75, but initial support could still be created below the previous low of $0.66. If the coin clears this level, the sell-off may begin with the next focus on the $0.60 level. Therefore, if this support level falls further, the downward momentum could start to snowball and the next supports could be located at $0.55, $0.50 and $0.45.

As the daily chart reveals, bulls must realize the need to cross above the upper boundary of the channel before they can reach potential resistance levels. Above this level, traders may need to consider a sustained move for the extended recovery to the $0.90, $0.95, and $1.00 resistance levels. Meanwhile, the 9-day moving average remains above the 21-day moving average, which could provide additional bullish signals.

CRV/BTC may move bullishly

Against Bitcoin, buyers are making an effort to return to the market as the coin continues to show some promising signs. On the positive side, if the Curved DAO Tab price crosses above the upper boundary of the channel, the nearest resistance level could be located at 1400 SAT and above.

Curve DAO Token Price Prediction for Today, March 4: CRV Technical Analysis
CRVBTC – Daily Chart

On the contrary, any bearish move towards the lower boundary of the channel may reach another support at 1000 SAT. If the price falls further to create another low, lower support lies at 850 SAT and below. Meanwhile, the 9-day moving average remains above the 21-day moving average, indicating that the market may continue the bullish movement.

@52kskew shared insights with his large audience of over 100,000 followers on $1.30.

Curve DAO Token Alternatives

If buyers push the Curve DAO token above $0.80, it could indicate an uptrend, while a drop below $0.65 could indicate a bear market. Despite Curve DAO Token’s market capitalization of $869.1 million, ranking 107th, it may lack growth potential compared to Bitcoin Minetrix, which has raised more than $11.7 million. Investors may find Bitcoin Minetrix a more promising investment.

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