Curve (CRV) Is Gathering Moderate Profit, as Price Action Breaks the Resistance of $1.003

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RESULTS

OnCurve price action may have successfully aborted the recent price downtrend, which saw its price crash through the $1 support level. At this point, price action has reclaimed beyond the $1.00 support, and this market is likely to witness more upside gains.

Curve (CRV) Analysis Data:
CRV value now: $1.031
CRV market cap: $738,333,427
Curve moving supply: 727,480,667
CRV Total Supply: 1,900,598,144
Curve Coinmarketcap ranking: #62

Major Price Levels:
Top: $1.031, $1.067, $1.100
Base: $1.000, $0.980 $0.960

Curve (CRV) Price Action Appears to Have Found Some Upside Strength

Today, the CRV/USD price action appears to have found enough strength to withstand headwind activity. The last price candle that represents this ongoing session has grown significantly. Consequently, this has broken the resistance around the $1.00 level. As a result of this, the current price of this crypto now reclines above the 9-day Moving Average curve. Additionally, the Stochastic RSI curves have performed a crossover, and these lines are now moving upward. Also, the MACD indicator is now showing that downward forces are losing strength. This could be seen through the last bar of this indicator, as it is now pale red. Technically, signs in this market are portraying that upside forces may be building up in this market.

Curve (CRV) Price Action Is Focusing on the $1.100 Mark

Curve price action on the 4-hour market is progressing upwards. This could be seen through the new price candle that has formed above the 9-day MA line. Also, the RSI indicator lines are now above the 60 level, with the leading line now at 83 levels. Likewise, the MACD indicator lines are now on their way to the upside, after attempting a bearish crossover. Therefore, traders in this market can expect that Curve price may approach and eventually submerge the $1.100 price mark. This is because all the trading indicators applied to this market are showing positive signs.

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