CURVE DAO TOKEN - CRV/USD
CURVE DAO TOKEN - CRV/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
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Type: Cryptocurrencies
Ticker: CRVUSD
ISIN:

CURVE DAO TOKEN - CRV/USD - Daily - Technical analysis published on 07/31/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 0.700000 USD
My targets
0.620000 USD (-6.06%)
0.522308 USD (-20.86%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CURVE DAO TOKEN - CRV/USD as long as the price remains well below 0.700000 USD. The sellers' bearish objective is set at 0.620000 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.522308 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

The CURVE DAO TOKEN - CRV/USD rating is 0.660000 USD. The price has increased by +4.76% since the last closing with the lowest point at 0.610000 USD and the highest point at 0.750000 USD. The deviation from the price is +8.20% for the low point and -12.00% for the high point.

0.610000
0.750000
0.660000

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this CURVE DAO TOKEN - CRV/USD chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 5 are bullish, 3 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.522308 0.660000 0.660000 0.845556 1.022000 1.110000
Change (%) -20.86% 0% - +28.11% +54.85% +68.18%
Change -0.137692 0 - +0.185556 +0.362000 +0.450000
Level Major Minor - Major Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4000000.4900000.5600000.6500000.7200000.8100000.880000
Camarilla0.5860000.6006670.6153330.6300000.6446670.6593330.674000
Woodie0.3900000.4850000.5500000.6450000.7100000.8050000.870000
Fibonacci0.4900000.5511200.5888800.6500000.7111200.7488800.810000


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.6666670.6933330.7166670.7433330.7666670.7933330.816667
Camarilla0.7262500.7308330.7354170.7400000.7445830.7491670.753750
Woodie0.6650000.6925000.7150000.7425000.7650000.7925000.815000
Fibonacci0.6933330.7124330.7242330.7433330.7624330.7742330.793333


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4000000.4800000.6200000.7000000.8400000.9200001.060000
Camarilla0.6995000.7196670.7398330.7600000.7801670.8003330.820500
Woodie0.4300000.4950000.6500000.7150000.8700000.9350001.090000
Fibonacci0.4800000.5640400.6159600.7000000.7840400.8359600.920000

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 39.33
MACD (12,26,9): -0.0173
Directional Movement: -25.196321
AROON (14): -92.857143
DEMA (21): 0.716284
Parabolic SAR (0,02-0,02-0,2): 0.799599
Elder Ray (13): -0.060330
Super Trend (3,10): 0.777358
Zig ZAG (10): 0.660000
VORTEX (21): 0.7927
Stochastique (14,3,5): 28.95
TEMA (21): 0.707272
Williams %R (14): -52.17
Chande Momentum Oscillator (20): -0.130000
Repulse (5,40,3): 3.7654
ROCnROLL: 2
TRIX (15,9): -0.0721
Courbe Coppock: 23.38
MA7: 0.708571
MA20: 0.760500
MA50: 0.727800
MA100: 0.787500
MAexp7: 0.709495
MAexp20: 0.740082
MAexp50: 0.755016
MAexp100: 0.784424
Price / MA7: -6.85%
Price / MA20: -13.21%
Price / MA50: -9.32%
Price / MA100: -16.19%
Price / MAexp7: -6.98%
Price / MAexp20: -10.82%
Price / MAexp50: -12.58%
Price / MAexp100: -15.86%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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