CURVE DAO TOKEN - CRV/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	CRVUSDT
ISIN:

CURVE DAO TOKEN - CRV/USDT - Daily - Technical analysis published on 04/01/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

72%

28%

My opinion

Bullish above 2.48 USDT

My targets

3.10 USDT (+15.56%)

3.32 USDT (+23.88%)

My analysis

The strong short-term increase in CURVE DAO TOKEN - CRV/USDT calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 2.48 USDT, you could consider taking advantage of the short-term movement. The first bullish objective is located at 3.10 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 3.32 USDT as an objective. Crossing it would then enable buyers to target 4.10 USDT. Caution, a return under 2.48 USDT could jeopardize the reversal.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

2.7

Comment on the analysis

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.

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Additional analysis

Quotes

The CURVE DAO TOKEN - CRV/USDT price is 2.68 USDT. On the day, this instrument gained +1.52% and was between 2.56 USDT and 2.70 USDT. This implies that the price is at +4.69% from its lowest and at -0.74% from its highest.

2.56

2.70

2.68

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in Daily of this CURVE DAO TOKEN - CRV/USDT chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	1.94	2.66	2.68	3.32	4.10	4.78
Change (%)	-27.61%	-0.75%	-	+23.88%	+52.99%	+78.36%
Change	-0.74	-0.02	-	+0.64	+1.42	+2.10
Level	Minor	Major	-	Minor	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.16	2.37	2.51	2.72	2.86	3.07	3.21
Camarilla	2.54	2.58	2.61	2.64	2.67	2.70	2.74
Woodie	2.12	2.35	2.47	2.70	2.82	3.05	3.17
Fibonacci	2.37	2.51	2.59	2.72	2.86	2.94	3.07

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.88	2.00	2.20	2.32	2.52	2.64	2.84
Camarilla	2.32	2.35	2.38	2.41	2.44	2.47	2.50
Woodie	1.93	2.02	2.25	2.34	2.57	2.66	2.89
Fibonacci	2.00	2.12	2.19	2.32	2.44	2.51	2.64

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.96	1.41	2.03	2.48	3.10	3.55	4.17
Camarilla	2.35	2.44	2.54	2.64	2.74	2.84	2.93
Woodie	1.04	1.45	2.11	2.52	3.18	3.59	4.25
Fibonacci	1.41	1.82	2.08	2.48	2.89	3.15	3.55

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	59.30
MACD (12,26,9):	0.0900
Directional Movement:	8.34
AROON (14):	92.86
DEMA (21):	2.53
Parabolic SAR (0,02-0,02-0,2):	2.42
Elder Ray (13):	0.11
Super Trend (3,10):	2.24
Zig ZAG (10):	2.68
VORTEX (21):	1.1700
Stochastique (14,3,5):	73.81
TEMA (21):	2.75
Williams %R (14):	-32.61
Chande Momentum Oscillator (20):	0.53
Repulse (5,40,3):	0.4900
ROCnROLL:	1
TRIX (15,9):	0.1800
Courbe Coppock:	50.95

MA7:	2.65
MA20:	2.34
MA50:	2.41
MA100:	3.36
MAexp7:	2.63
MAexp20:	2.45
MAexp50:	2.59
MAexp100:	2.95
Price / MA7:	+1.13%
Price / MA20:	+14.53%
Price / MA50:	+11.20%
Price / MA100:	-20.24%
Price / MAexp7:	+1.90%
Price / MAexp20:	+9.39%
Price / MAexp50:	+3.47%
Price / MAexp100:	-9.15%

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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