Curve DAO Token (CRV) is currently trading at $0.690 , experiencing a decline of -6.51% over the past 24 hours . The intraday high and low are $0.753 and $0.690, respectively .
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š Technical Analysis
CRV is forming a symmetrical triangle on the daily chart, indicating a potential breakout. The price is currently testing the 200-day moving average and the Ichimoku cloud, both acting as strong support zones. A confirmed breakout above the triangle could trigger a 2x bullish rally, with post-breakout targets at $0.9036, $1.0350, $1.2220, and $1.4602.
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š Market Sentiment
The current market sentiment for CRV is neutral, with a Fear & Greed Index score of 60, indicating a state of greed among investors.
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šÆ Price Predictions
Forecasts for CRV's price in 2025 vary:
Bearish Outlook: Some analysts predict a decline to as low as $0.7316.
Bullish Outlook: Others anticipate a rise to $1.08, with a potential high of $1.22.
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ā ļø Risk Management
Traders should monitor the $0.690 support level closely. A drop below this level may invalidate the bullish thesis and suggest a potential downturn.
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*Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.*
