Curve DAO Token is Predicted to Reach $ 1.38 By Feb 22, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• Curve DAO Token is up 3.24% today against the US Dollar
• CRV/BTC increased by 4.01% today
• CRV/ETH increased by 3.25% today
• Curve DAO Token is currently trading 13.64% below our prediction on Feb 22, 2023
• Curve DAO Token gained 32.06% in the last month and is down -59.30% since 1 year ago

CRV price is expected to rise by 15.79% in the next 5 days according to our Curve DAO Token price prediction

Curve DAO Token price today is trading at $ 1.20 after gaining 3.24% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 4.63% in the same time period. CRV performed well against BTC today and recorded a 4.01% gain against the world’s largest cryptocurrency.

According to our Curve DAO Token price prediction, CRV is expected to reach a price of $ 1.38 by Feb 22, 2023. This would represent a 15.79% price increase for CRV in the next 5 days.

CRV Price Prediction Chart

Buy/Sell Curve DAO Token

What has been going on with Curve DAO Token in the last 30 days

Curve DAO Token has been displaying a positive trend recently, as the coin gained 32.06% in the last 30-days. The medium-term trend for Curve DAO Token has been bullish, with CRV increasing by 119.23% in the last 3 months. The long-term picture for Curve DAO Token has been negative, as CRV is currently displaying a -59.30% 1-year price change. On this day last year, CRV was trading at $ 2.94.

Curve DAO Token reached its all-time high price on Aug 15, 2020, when the price of CRV peaked at $ 10.48. The current CRV cycle high is $ 6.76, while the cycle low is at $ 0.332060. CRV has been displaying low volatility recently – the 1-month volatility of the coin is at 6.25. Curve DAO Token recorded 16 green days in the last 30 days.

Curve DAO Token technical analysis for today - Feb 17, 2023

The sentiment in the Curve DAO Token markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 1.05, $ 1.01 and $ 0.926494, while $ 1.18, $ 1.26 and $ 1.30 are the key resistance levels.

Bullish sentiment for Curve DAO Token

23 indicators are currently signaling a bullish prediction for Curve DAO Token, while 4 indicators are showing a bearish forecast. With 85% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Curve DAO Token.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 61 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Curve DAO Token moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Curve DAO Token is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Curve DAO Token is at 56.69, suggesting that CRV is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Curve DAO Token over the last 50 days. Currently, Curve DAO Token is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the CRV closing price for the last 200 days. CRV is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Curve DAO Token prediction

After considering the above factors, we can conclude that the current forecast for Curve DAO Token price prediction is Bullish. CRV would have to increase by 15.79% to hit our $ 1.38 target within the next five days. Moving forward, it will be important to monitor the CRV market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Curve DAO Token price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

by coincodex