The Curve DAO Token price prediction shows CRV touches the resistance level of $0.49, and it is currently changing hands at $0.48.

Curve DAO Token Statistics Data:

• Curve DAO Token price now – $0.48
• Curve DAO Token market cap – $419.8 billion
• Curve DAO Token circulating supply – 866.3 million
• Curve DAO Token total supply – 2.0 billion
• Curve DAO Token Coinmarketcap ranking – #77

CRV/USD Market

Key Levels:

Resistance levels: $0.70, $0.80, $0.90

Support levels: $0.25, $0.15, $0.05

CRV/USD is currently trading above the $0.46 level as the Curve DAO Token price faces an upward movement. For the past few weeks, the coin has been following the downside but it is likely to cross above the 9-day and 21-day moving averages which could hit the resistance level of $0.50 with 5.21% gains in the last 24 hours.

Curve DAO Token Price Prediction: CRV/USD Gets Ready for the Upside

The Curve DAO Token price is yet to display strong bullish momentum but the good thing is that the coin is likely to begin the movement to the upside. Meanwhile, the market price may need to touch the nearest resistance level of $0.55 so that it can regain the proper bullish momentum as the technical indicator Relative Strength Index (14) moves to cross above the 40-level.

Nonetheless, if the Curve DAO Token price crosses above the 21-day moving average, it could reach the potential resistance levels at $0.70, $0.80, and $0.90. On the downside, if the bears step back into the market, CRV/USD may likely slide below the lower boundary of the channel, any further bearish movement could drag the coin to the critical support levels at $0.25, $0.15, and $0.05.

CRV/BTC Trades Bullishly

Against Bitcoin, the Curve DAO Token price may continue to rise above the 9-day and 21-day moving averages if the bulls increase the buying pressure. At the moment, the coin is changing hands at 1854 SAT as the technical indicator Relative Strength Index (14) crosses above the 40-level.

However, the daily chart shows that buyers may continue to have the day as the resistance level could be found at 2500 SAT and above. On the contrary, a bearish movement below the lower boundary of the channel may hit the support level at 1200 SAT and below.

Alternatives to Curve DAO Token

The Curve DAO Token price may need to rise above $0.50 if the buyers push the price above the 21-day moving average. On the contrary, traders may consider the market as bearish if the sellers bring the market movement below the support level of $0.45.

Nonetheless, despite the decline of certain popular tokens, the $WSM token persists with a “buy” recommendation owing to its attractively affordable presale price. Seizing the opportunity, it’s advisable to secure some of these tokens now before their value takes off. In the interim, the Wall Street Memes token has managed to gather over $25 million thus far.

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• Source: https://insidebitcoins.com/news/curve-dao-token-price-prediction-for-today-august-29-crv-technical-analysis