Curve DAO Token (CRV) Technical Overview for June 2025:
🔹 Support Levels:
$0.6392: Identified as a key support level.
$0.6543: Expected minimum price for June 2025.
$0.7356: Another significant support level.
🔸 Resistance Levels:
$0.7512: First major resistance level.
$0.8672: Next resistance level to watch.
$1.05: Higher resistance level indicating potential for further gains.
Technical Indicators:
50-Day SMA: Approximately $0.6936, indicating a positive medium-term trend.
200-Day SMA: Around $0.5224, suggesting a long-term upward trend.
Relative Strength Index (RSI): Currently in the neutral zone, indicating balanced momentum.
June 2025 Price Forecast:
Analysts predict that CRV may trade between $0.6543 and $0.8281 in June 2025, with an average price around $0.8281.
With current technical indicators and market sentiment, CRV appears to be in a consolidation phase. A breakout above the $0.7512 resistance could signal a bullish trend, while a drop below $0.6392 may indicate further downside.