| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107459.4100000000 |
| ETH | $2439.9810000000 |
| BNB | $649.7399300000 |
| XRP | $2.1863090000 |
| ADA | $0.5614833000 |
| SOL | $150.1856000000 |
| DOGE | $N/A |
| DOT | $3.4186000000 |
| LTC | $86.8500000000 |
| LINK | $13.4317200000 |
Category: CRYPTO NEWS
The post Curve DAO Price May Extend 127% Gains as Bullish Pattern Nears Completion appeared on BitcoinEthereumNews.com. Curve DAO price chart has completed the formation of a cup with handle pattern, a market setup that often comes before a major price breakout. This pattern formed on the 1-day chart suggests the altcoin’s price could extend a 127% rally to $1.2. At press time, Curve DAO trades at $0.7811 and is up 4.72% in the past 24 hours. The market cap of CRV hovers around $1.06 billion, making it the 76th largest cryptocurrency. Curve DAO Price Eyes 127% Spike to $1.2000 Curve DAO price is primed for a 127% spike to a multi-month high at $1.2210 amidst forming a Cup and Handle pattern on the 1-day chart. The cryptocurrency is consolidating near the $0.7811 neckline, and if the bulls manage to trigger a successful push beyond this point, a breakout rally is inevitable. The above cup and handle pattern often signals the start of an uptrend. It appears as a rounded bottom called the ‘Cup’, which is followed by a minor consolidation called the ‘Handle’. The aforementioned target of $1.2210 is calculated by adding the 55% depth of the cup to the neckline at $0.7811. Continuation of the bullish pattern and the potential breakout is validated by an uptick in volume and momentum. Moreover, CRV price trades above the 200-day moving average and often signals strength when used alongside the cup and handle formation. The 50-day MA is also rising towards the price and has switched color to green, indicating growing bullish momentum. CRV/USDT 1-day chart 18% Uptick in Derivatives Volumes Suggests Upward Continuation According to on-chain data, derivatives volumes and open interest have risen by 18% and 5% in the last 24 hours, respectively. The growth suggests there’s still strong market interest to support the bullish outlook for a potential 127% rally. CRV Derivatives volumes Final Take…
2025-05-28T02:38:07+00:00