Curve DAO Token

Token

Million

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Curve DAO Token (CRV) price is down by 3.21% in the last 24 hours and is currently trading at $0.434.</a> </li> 
 <li> <span>2</span> <a>Curve DAO crypto price experienced a heavy selloff after it slipped below the 50-day EMA.&nbsp;&nbsp;&nbsp;</a> </li> 
 <li> <span>3</span> <a>The Curve DAO Token price lost over 20% in the last nine sessions and is headed towards more decline.&nbsp;&nbsp;</a> </li> 
</ul> 
<p>Curve DAO Token price is on a three-day losing streak and has wiped out over 8% in the period. The CRV price has been continuously losing the gains when it slipped below the 50-day EMA. The CRV price has lost over 20% in the last nine sessions indicating a selling pressure dominating in the short term.&nbsp; &nbsp;</p> 
<p>The price trend analysis illustrates that the CRV crypto price had been in a long-term declining trend with some sort of pullback in the short term. Recently, the CRV crypto price experienced a short-term price hike from the lower trendline of the declining channel pattern and surged over 30%; breaking above the 50-day EMA.<br><br>However, the CRV price couldn’t sustain more above the 50-day EMA and slipped below followed by a continuous drawdown that took away all the gains. Recently, the price made a breakdown of the previous swing; turning bearish in the short term.&nbsp;</p> 
<p>Curve DAO (CRV) is a decentralized exchange for stablecoins. It was launched in January 2020. The volume analysis shows that the CRV crypto received $38.3 Million volume in the last 24 hours which is 16.80% more than the last day. The volume-to-market cap is 10.10%; indicating the mild volatility in the crypto.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-curve-dao-token-price-prediction-for-2023-strong"><strong>Curve DAO Token Price Prediction For 2023 </strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" loading="lazy" width="1024" height="456" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-345-1024x456.png" alt="Curve DAO Token Price On Losing Streak: Can It Recover This Week?" class="wp-image-175126" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-345-1024x456.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-345-300x134.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-345-768x342.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-345-1536x684.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-345-750x334.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-345-1140x508.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-345.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: CRV/USD By <a href="https://www.tradingview.com/x/E9ff22G1/">TradingView</a>
  </figcaption>
 </figure>
</div> 
<p>The prediction of the <a href="https://www.thecoinrepublic.com/2023/10/03/curve-dao-price-slumps-nearly-7-in-24hrs-pullback-or-reversal/" target="_blank" rel="noreferrer noopener">CRV crypto</a> states that the price has turned bearish in the short term. The price has some space on the downside till the recent swing low. The recent swing low might be the most crucial level to decide the further trend.<br><br>The breakdown of the recent swing low may resume the fall and the CRV price may decline to the lower levels.&nbsp;&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-technical-indicators-show-weakness-in-the-short-term-strong"><strong>Technical Indicators Show Weakness in the Short-Term&nbsp;</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" loading="lazy" width="1600" height="714" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-346.png" alt="Curve DAO Token Price On Losing Streak: Can It Recover This Week?" class="wp-image-175128" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-346.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-346-300x134.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-346-1024x457.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-346-768x343.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-346-1536x685.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-346-750x335.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/10/image-346-1140x509.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: CRV/USD By <a href="https://www.tradingview.com/x/E9ff22G1/">TradingView</a>
  </figcaption>
 </figure>
</div> 
<p>MACD lines are showing a bearish crossover. The histogram bars are also formed below the mean line of increasing height, indicating the bears are gaining momentum and the price may fall more.&nbsp;&nbsp;&nbsp;</p> 
<p>The EMA analysis shows that the <a href="https://www.thecoinrepublic.com/2023/10/03/curve-dao-price-slumps-nearly-7-in-24hrs-pullback-or-reversal/" target="_blank" rel="noreferrer noopener">CRV price</a> has slipped below the 50-day EMA indicating bearishness in the short term as well as long term.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>Curve DAO Token price is in a downtrend and lost over 8% in three days. The price broke below the 50-day EMA and the previous swing low, showing bearish strength. The price may fall to the lower trendline of the declining channel pattern. It had $38.3 Million volume in the last 24 hours, a 16.80% increase from the previous day. The volume-to-market cap is 10.10%, indicating mild volatility. The prediction is bearish for the short term.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support Levels:</strong> $0.39 and $0.35</li> 
 <li><strong>Resistance Levels:</strong> $0.54 and $0.63</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

Curve DAO Token Price On Losing Streak: Can It Recover This Week?

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