At the time of writing, the price of CRV is about $2.71, up 8.68 percent in a single day, and the rest of the market is also up. It is now one of the leading gainers. Today, the volume has increased by more than 24%. The total additional volume is expected to be over $410 million.
The low point of this CRV was approximately $2.47, while the peak point was around $2.74. According to the most current coin market cap statistics, the currency has surged to number 70, showing that it is on the radar of many traders.
In August 2020, CRV achieved a near-all-time high, hovering around $23. The CRV coin has a total quantity of around 3.3 billion coins. According to coinmarketcap, around 14% has been dispersed in the market. As a result of the limited supply, CRV has risen in value despite having a lower market size in comparison to other coins.
Technical Analysis – Curve Dao(CRV)
Starting the technical analysis of CRV from the Weekly Time Frame. Observing the Structures first, it can be seen that the macrostructure is to the upside and this bearish move is merely a Correction of that bullish Impulse. Plotting the Fibonacci from the last Low to the last high, the price seems to be in the Golden Ratio and within the Wick which contains Order Block on the Lower Time frame.
Nothing clear on The Daily, so on 4 Hour Time Frame, the price has clearly shifted structures to the topside, flipping the last Supply Zone. The Wyckoff Schematics as well seems completed, so on the Pullback longs can be taken all the way up to $2.9. Although it’s necessary to check out for confirmations on lower Time Frame
Price Prediction – Curve Dao
CRV has been one of the most bullish currencies in the market. Despite the fact that the price of the CRV has climbed drastically in a matter of days. According to wallet investor, CRV is anticipated to reach a value of $4.368 in a year. This is a rise when compared to the current price of the coin. The price is predicted to exceed $12.5954 in five years. Traders, on the other hand, are excited about the price fluctuation and feel it will be worth much more in the future.
