Curve DAO Token

Token

Resistance

Time

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Curve DAO crypto price is currently trading with bearish momentum.</a> </li> 
 <li> <span>2</span> <a>CRV price decreased by 5.44% over the past seven days.</a> </li> 
</ul> 
<p>The Curve DAO crypto price was under selling pressure and was on a downward slope, making lower lows in the last few months. The trading volume was also low because investors were losing interest.&nbsp;</p> 
<p>The current trend supports bears, and the crypto was in a correction mode, which scared buyers. The Curve DAO token was below the important moving averages and aimed to reach the 50-day EMA to keep the profits.</p> 
<p>If the Curve DAO token fails to break above the 50-day EMA, it may face more resistance from the sellers and slide further down. The Curve DAO crypto needs to show some signs of recovery and regain the confidence of the buyers to reverse the downtrend and start a new rally.</p> 
<p>At the time of writing, the Curve DAO price was trading at $0.52953607 with an intraday gain of 0.55%, showing a bounce from the lower trendline near the support mark of $0.49516298. Moreover, the market cap is $569.684 Million.</p> 
<p>Year-to-date CRV gave returns of -12.52% and -27.47% in 6 months. In the last 1 month, it gave a negative return of 11.61% and 5.44% in the last seven days. Indicating a long Bearish trend continuing till now.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-curve-dao-crypto-price-in-1-d-time-frame-strong"><strong>Technical Analysis of Curve DAO Crypto Price in 1-D Time Frame</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img loading="lazy" decoding="async" width="1600" height="698" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-429.png" alt="Curve DAO Token Price Prediction: What’s Next on the CRV Chart?" class="wp-image-189473" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-429.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-429-300x131.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-429-1024x447.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-429-768x335.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-429-1536x670.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-429-750x327.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-429-1140x497.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: Curve DAO .1D.USD by TradingView
  </figcaption>
 </figure>
</div> 
<p>The <a href="https://www.thecoinrepublic.com/2024/01/20/cftc-encountered-debiex-in-romance-scam-charged-for-2-3m-fraud/" target="_blank" rel="noreferrer noopener">Curve DAO</a> crypto (USD: CRV) is above the 50 and 200-Day EMAs, which contradicts the price direction. The RSI is at 44.08 points. The 14 SMA is over the middle line at 43.44 points which shows that the Curve DAO crypto is in a downtrend.</p> 
<p>The MACD line and the signal line are under the zero line. A negative crossover is seen in the MACD indicator which implies more downward pressure for the CRV crypto price.&nbsp;</p> 
<p>Curve DAO crypto needs to show some bullish momentum and cross the zero line in the MACD indicator to reverse the bearish trend and start a new rally.</p> 
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3> 
<p>The technical indicators of Curve DAO crypto (USD: CRV) show a downward trend. The MACD, RSI, and EMAs are giving negative signals and suggest that the CRV crypto price could continue to fall. Curve DAO price movement indicates that the market is pessimistic on the 1-D chart. The market sentiment is bearish right now.</p> 
<h3 class="wp-block-heading" id="strong-technical-levels-strong"><strong>Technical Levels</strong></h3> 
<p>Support Levels: $0.49516298</p> 
<p>Resistance Levels: $0.60321493</p> 
<h3 class="wp-block-heading" id="strong-disclaimer-strong"><strong>Disclaimer</strong></h3> 
<p>This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions</p>

Curve DAO Token Price Prediction: What’s Next on the CRV Chart?

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