Curve is a cryptocurrency exchange that aims at price stability and uses Automated Market Makers (AMM) to maintain liquidity. It is a decentralized platform that supports smart contract functionality. Curve Dao Token (CRV) is the native stable coin of this ecosystem. The CRV technical analysis will predict the price momentum for the next couple of days:

과거 실적

On May 12, 2021, CRV started trading at $3.31. On May 18, 2021, CRV closed at $3.49. Thus, 지난주, the CRV price has increased by roughly 5%. In the last 24 hours, CRV has traded between $3.06-$3.58.

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전일과 내일

Currently, CRV is trading at $3.10. The price has decreased from the day’s opening price of $3.49. Thus, the market seems to be bearish.

XNUMXD덴탈의 MACD 및 신호선 are negative. Thus, the overall market momentum is bearish. However, a bullish crossover by the MACD line over the signal line has occurred. Hence, the price may start rising after falling for some time.

XNUMXD덴탈의 A / D 표시기 has fallen steeply, implying that whale distribution is much higher than whale accumulation. Heavy offloading activity will push the CRV price further down.

현재, RSI 지표 is at 41%. It just rallied from the oversold region 10 minutes back. It faced rejection at 50% and fell to the current level. Thus, selling pressures are very high. Hence, the RSI indicator is giving further credence to the bearish price trend shown by the A/D indicator.

In short, when we look at all oscillators together, we can say that the price will continue to decline for some time. Thereafter, we have to wait and watch if a bearish trend reversal occurs or the price starts rising.

CRV 기술적 분석

현재 가격은 first Fibonacci pivot support point of $3.14. It may soon fall below the subsequent support levels of $3.01 and $2.79, respectively. Thereafter, we have to observe if the price breaks out of these levels or continues to fall further.

가격은 테스트를 거쳐 아래로 떨어졌습니다. 23.6 % FIB 되돌림 수준l of $3.14. It may soon fall below the 23.6 % FIB 확장 수준 of $2.87. By day end, if the price retests and breaks out of these levels, then probably a price uptrend has set in. In that case, the price may continue to rise tomorrow as well.