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Curve Price Prediction for Today, April 23: CRV/USD Resumes Uptrend

by Index Investing News
April 23, 2023
in Cryptocurrency
Reading Time: 4 mins read
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The Curve price prediction shows that CRV is likely to cross above the 9-day and 21-day moving averages to continue the upward trend.

Curve Prediction Statistics Data:

  • Curve price now – $0.94
  • Curve market cap – $753.6 million
  • Curve circulating supply – 807.3 million
  • Curve total supply – 1.9 billion
  • Curve Coinmarketcap ranking – #62

CRV/USD Market

Key Levels:

Resistance levels: $1.20, $1.30, $1.40

Support levels: $0.70, $0.60, $0.50

CRVUSD – Daily Chart

CRV/USD is currently changing hands at around $0.94 as the coin touches the daily high at $0.98 with a market cap of $1.07 billion. Today’s trading begins with a slight uptrend in the market as the coin moves to cross above the 9-day and 21-day moving averages. However, traders are anticipating that the current price movement is an indication of the upcoming price rally in the market.

Curve Price Prediction: CRV May Head to the Upside

Looking at the daily chart, the next step for the Curve price is to cross above the moving averages. Once this is done, bulls may now push the coin to hit the nearest resistance level of $1.10 before locating the potential resistance levels at $1.20, $1.30, and $1.40 respectively.

However, as the technical Indicator Relative Strength Index (14) moves to cross above the 50-level, CRV/USD may continue to move to the north, once this plays out, it can manage to sustain the bullish movement above the upper boundary of the channel. Meanwhile, if the price decides to make a quick turn to the south, the support levels could be found at $0.70, $0.60, and $0.50 if crosses below the lower boundary of the channel.

Against Bitcoin, the Curve is yet to cross above the 9-day and 21-day moving averages. At the moment, bulls may continue to push the coin to the positive side as the technical Indicator Relative Strength Index (14) moves to cross above the 50-level.

CRVBTC – Daily Chart

However, if the bulls push the price above the upper boundary of the channel, CRV/BTC could rise to the resistance level of 4300 SAT and above. Meanwhile, any bearish movement toward the lower boundary of the channel could bring the price toward the support level of 2700 SAT and below.

Alternatives to Curve

The Curve price may continue to increase the bullish movement if the price crosses above the moving averages. At the moment, the technical indicator Relative Strength Index (14) is moving toward the 50-level and could send bullish signals to encourage more buyers to enter the market. However, investors are understanding that Love Hate Inu, a new Vote-to-Earn meme coin, could provide even more impressive returns. Therefore, don’t delay any further, buy Love Hate Inu now before another price increase so you can take advantage of the explosive returns as almost $5.5m has been raised so far.

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