- Bullish CRV price prediction for 2023 is $0.788 to $1.069.
- Curve DAO (CRV) price might reach $2 soon.
- Bearish CRV price prediction for 2023 is $0.404.
In this Curve DAO (CRV) price prediction 2023, 2024-2030, we will analyze the price patterns of CRV by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
CURVE DAO (CRV) PRICE PREDICTION 2023 |
|
| CURVE DAO (CRV) PRICE PREDICTION 2024, 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Curve DAO Token (CRV) Current Market Status
| Current Price | $0.5858 |
| 24 – Hour Trading Volume | $273,238,343 |
| Market Cap | $515,902,356 |
| Circulating Supply | 880,450,951 CRV |
[TD]24 – Hour Price Change[/TD]
[TD]1.60% Down[/TD]
[TD]All – Time High[/TD]
[TD]$60.50 (On Aug 14, 2020) [/TD]
[TD]All – Time Low[/TD]
[TD]$0.3316 (On Oct 25, 2020) [/TD]
[/TR]
CRV Current Market Status (Source: CoinMarketCap)
What is Curve DAO (CRV)
| TICKER | CRV |
| BLOCKCHAIN | Ethereum |
| CATEGORY | Ethereum based token |
| LAUNCHED ON | August 2020 |
| UTILITIES | Governance, Fast Transactions, gas fees & rewards |
Curve DAO is a decentralized exchange (DEX) for stablecoins that utilizes an automated market maker (AMM) to manage liquidity. AMMs provide a different model of trading in which assets can be exchanged without any permission and in an automated manner. Curve DAO DAO token CRV is used to incentivize liquidity providers, similarly, holders can also take benefit from CRV by participating in network governance.
Curve DAO 24H Technicals
(Source: TradingView)
Curve DAO (CRV) Price Prediction 2023
Curve DAO (CRV) ranks 73rd on CoinMarketCap in terms of its market capitalization. The overview of the Curve DAO price prediction for 2023 is explained below with a daily time frame.
CRV/USDT Horizontal Channel Pattern (Source: TradingView)
In the above chart, Curve DAO (CRV) laid out a Horizontal Channel Pattern, Horizontal channel also known as the sideways trend. In general, the horizontal channel is formed during price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, the line which connects the lows, run horizontally parallel and the price action is contained within it.
A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.
At the time of analysis, the price of Curve DAO (CRV) was recorded at $0.5858. If the pattern trend continues, then the price of CRV might reach the resistance levels of $0.895, $1.519, and $4.520. If the trend reverses, then the price of CRV may fall to the support of $0.541.
Curve DAO (CRV) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Curve DAO (CRV) in 2023.
CRV/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Curve DAO (CRV) for 2023.
| Resistance Level 1 | $0.788 |
| Resistance Level 2 | $1.069 |
| Support Level 1 | $0.558 |
| Support Level 2 | $0.404 |
CRV Resistance & Support Levels
Curve DAO (CRV) Price Prediction 2023 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (CRV) are shown in the chart below.
CRV/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Curve DAO (CRV) market in 2023.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.722Price = $0.596 (50MA> Price) | Bearish/Uptrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 32.22 <30 = Oversold 50-70 = Neutral>70 = Overbought | Nearly Oversold State |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
Curve DAO (CRV) Price Prediction 2023 — ADX, RVI
In the below chart, we analyze the strength and volatility of Curve DAO (CRV) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
CRV/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Curve DAO (CRV).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 24.339 | Weak Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 32.56 <50 = Low >50 = High | Low volatility |
Comparison of CRV with BTC, ETH
Let us now compare the price movements of Curve DAO (CRV) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs CRV Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of CRV is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of CRV also increases or decreases respectively.
Curve DAO (CRV) Price Prediction 2024, 2025 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Curve DAO (CRV) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
| Year | Bullish Price | Bearish Price |
| Curve DAO (CRV) Price Prediction 2024 | $2.8 | $0.6 |
| Curve DAO (CRV) Price Prediction 2025 | $3.4 | $0.9 |
| Curve DAO (CRV) Price Prediction 2026 | $4.1 | $1 |
| Curve DAO (CRV) Price Prediction 2027 | $5 | $1.2 |
| Curve DAO (CRV) Price Prediction 2028 | $5.7 | $1.5 |
| Curve DAO (CRV) Price Prediction 2029 | $6.9 | $1.6 |
| Curve DAO (CRV) Price Prediction 2030 | $7.5 | $1.9 |
Conclusion
If Curve DAO (CRV) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Curve DAO (CRV) price prediction for 2023 is $1.069. Comparatively, if unfavorable sentiment is triggered, the bearish Curve DAO (CRV) price prediction for 2023 is $0.404.
If the market momentum and investors’ sentiment positively elevates, then Curve DAO (CRV) might hit $2. Furthermore, with future upgrades and advancements in the Curve DAO ecosystem, CRV might surpass its current all-time high (ATH) of $60.50. and mark its new ATH.
FAQ
1. What is Curve DAO (CRV)?
Curve DAO is a decentralized exchange (DEX) for stablecoins that utilizes an automated market maker (AMM) to manage liquidity.
2. Where can you purchase Curve DAO (CRV)?
Curve DAO (CRV) has been listed on many crypto exchanges which include Binance, Coinbase Exchange, KuCoin, Bitfinex and OKX.
3. Will Curve DAO (CRV) reach a new ATH soon?
With the ongoing developments and upgrades within the Curve DAO Platform, CRV has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Curve DAO (CRV)?
On Aug 14, 2020, Curve DAO (CRV) reached its new all-time high (ATH) of $60.50.
5. What is the lowest price of Curve DAO (CRV)?
According to CoinMarketCap, CRV hit its all-time low (ATL) of $0.3316, On Oct 25, 2020.
6. Will Curve DAO (CRV) reach $2?
If Curve DAO (CRV) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $2 soon.
7. What will be Curve DAO (CRV) price by 2024?
Curve DAO (CRV) price is expected to reach $2.8 by 2024.
8. What will be Curve DAO (CRV) price by 2025?
Curve DAO (CRV) price is expected to reach $3.4 by 2025.
9. What will be Curve DAO (CRV) price by 2026?
Curve DAO (CRV) price is expected to reach $4.1 by 2026.
10. What will be Curve DAO (CRV) price by 2027?
Curve DAO (CRV) price is expected to reach $5 by 2027.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
