Curve DAO Token Price Prediction – CRV Price Estimated to Drop to $0.491452 By Dec 14, 2022

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 down -4.23% today against the US Dollar
  • CRV/BTC decreased by -3.77% today
  • CRV/ETH decreased by -2.76% today
  • Curve DAO Token is currently trading 29.58% above our prediction on Dec 14, 2022
  • Curve DAO Token gained 14.85% in the last month and is down -82.65% since 1 year ago
Curve DAO Token price $ 0.636835
Curve DAO Token prediction $ 0.491452 (-22.83%)
Sentiment Bearish
Fear & Greed index 26 (Fear)
Key support levels $ 0.652318, $ 0.635512, $ 0.626196
Key resistance levels $ 0.678440, $ 0.687756, $ 0.704562

CRV price is expected to drop by -22.83% in the next 5 days according to our Curve DAO Token price prediction

is trading at $ 0.636835 after losing -4.23% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -3.26% in the same time period. CRV performed poorly against BTC today and recorded a -3.77% loss against the world’s largest cryptocurrency.

According to our Curve DAO Token price prediction, CRV is expected to reach a price of $ 0.491452 by Dec 14, 2022. This would represent a -22.83% price decrease 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 14.85% in the last 30-days. The medium-term trend for Curve DAO Token has been bearish, with CRV dropping by -49.00% in the last 3 months. The long-term picture for Curve DAO Token has been negative, as CRV is currently displaying a -82.65% 1-year price change. On this day last year, CRV was trading at $ 3.67.

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 8.62. Curve DAO Token recorded 14 green days in the last 30 days.

Curve DAO Token technical analysis for today – Dec 09, 2022

The sentiment in the Curve DAO Token markets is currently Bearish, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 0.652318, $ 0.635512 and $ 0.626196, while $ 0.678440, $ 0.687756 and $ 0.704562 are the key resistance levels.

Bearish sentiment for Curve DAO Token

3 indicators are currently signaling a bullish prediction for Curve DAO Token, while 25 indicators are showing a bearish forecast. With 89% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Curve DAO Token.

Crypto market is currently experiencing Fear

Currently, the Fear & Greed index is at 26 (Fear), which signals that investors have a negative 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.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential
MA3 $ 0.667431 (SELL) $ 0.669124 (SELL)
MA5 $ 0.669522 (SELL) $ 0.666139 (SELL)
MA10 $ 0.661455 (SELL) $ 0.663358 (SELL)
MA21 $ 0.639701 (SELL) $ 0.663383 (SELL) $ 0.986284 (SELL) $ 0.927024 (SELL)
MA50 $ 0.743454 (SELL) $ 0.723185 (SELL) $ 1.77 (SELL) $ 1.47 (SELL)
MA100 $ 0.857395 (SELL) $ 0.843255 (SELL) $ 2.27 (SELL) $ 1.88 (SELL)
MA200 $ 0.980270 (SELL) $ 1.14 (SELL)
Period Value Action
RSI (14) 49.21 NEUTRAL
Stoch RSI (14) 10.55 BUY
Stochastic Fast (14) 34.43 NEUTRAL
Commodity Channel Index (20) 66.67 NEUTRAL
Average Directional Index (14) 8.77 NEUTRAL
Awesome Oscillator (5, 34) 0.00 NEUTRAL
Momentum (10) 0.02 BUY
MACD (12, 26) 0.01 NEUTRAL
Williams Percent Range (14) -65.57 NEUTRAL
Ultimate Oscillator (7, 14, 28) 52.10 NEUTRAL
VWMA (10) 0.66 BUY
Hull Moving Average (9) 0.68 SELL
Ichimoku Cloud B/L (9, 26, 52, 26) 0.58 NEUTRAL

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 49.21, 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 above the SMA 50 trendline, which is a bullish 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 above the SMA 200, signaling that the market is currently bullish.

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 Bearish. CRV would have to decrease by -22.83% to hit our $ 0.491452 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.

Leave a Reply

Your email address will not be published. Required fields are marked *