{"id":23004,"date":"2022-07-16T06:20:28","date_gmt":"2022-07-16T06:20:28","guid":{"rendered":"http:\/\/egrowonline.com\/?p=23004"},"modified":"2022-07-16T06:20:28","modified_gmt":"2022-07-16T06:20:28","slug":"rising-prices-breaks-1-resistance-is-1-3-next","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=23004","title":{"rendered":"Rising Prices Breaks $1 Resistance; is $1.3 Next?"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-117308\">\n<div class=\"marketThumbs\">\n<img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"628\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Curve Plummets To 16-Mth Low\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2021\/12\/22230802\/CRV-price.webp\" \/><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"628\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2021\/12\/22230802\/CRV-price.webp\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Curve Plummets To 16-Mth Low\" \/><\/div>\n<p class=\"MarketsUp f-14 d-block\">Published 4 hours ago <\/p>\n<div class=\"Atcs\">\n<p><span data-preserver-spaces=\"true\">The <a target=\"_blank\" href=\"https:\/\/coingape.com\/curve-dao-crv-becomes-most-traded-token-by-top-eth-whales\/\" rel=\"noopener\">Curve Dao (CRV)<\/a> price continues its north march by knocking out higher resistance levels. These breached resistances flipped to suitable footing, replenishing the ongoing bull run. Furthermore, the altcoin has recently pierced $1 resistance, suggesting another leg up. When can you enter?<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Key points:<\/span><\/h2>\n<ul>\n<li><span data-preserver-spaces=\"true\">The CRV price jumped 28% in the past three days<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The MACD indicator slopes enter the bullish territory<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The intraday trading volume in the CRV token is $120.9 Million, indicating a 15% drop.<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" alt=\"CRV\/USDT Chart\" width=\"1942\" height=\"1106\" src=\"https:\/\/s3.tradingview.com\/snapshots\/e\/e6YbT6cg.png\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/s3.tradingview.com\/snapshots\/e\/e6YbT6cg.png\" alt=\"CRV\/USDT Chart\" width=\"1942\" height=\"1106\" \/>Source-<\/span><span data-preserver-spaces=\"true\">\u00a0Tradingview<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For nearly a month, the <a target=\"_blank\" href=\"https:\/\/coingape.com\/curve-dao-price-analysis-new-year-brings-new-trading-levels-in-crv-token\/\" rel=\"noopener\">CRV\/USDT pair<\/a> has steadily risen with new higher highs and higher lows. The altcoin bounced back from the $0.536 mark, registering a 108% gain, and currently trades at $1.12.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On July 14th, the CRV price gave a decisive breakout from the $1 psychological resistance with a significant pump in volume. Thus, the volume rise reflected the buyer\u2019s interest in the higher prices, suggesting a legitimate breakout.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, today the CRV price is down 3.94% and offers a retest entry opportunity for interest traders. If the altcoin shows sustaining above the newly acquired support, the replenished bullish momentum will continue the upward march.<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">The potential rally should surge 18.5% higher to $1.3 resistance, followed by $1.5.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">On a contrary note, if buyers fail to sustain above the $1 support, the CRV price may witness an extended correction.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Technical analysis<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\"><strong>Bollinger band indicator<\/strong>: The CRV constantly testing the indicator\u2019s upper band projects aggressive buying from the trades. Moreover, in case of occasional pullback, the midline should act as viable support.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><strong>MACD indicator:<\/strong> The fast and slow line jumps above the neutral line, providing additional confirmation of the $1 breakout. Furthermore, a significant gap between these slopes indicates sustained buying<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Resistance levels- $0.1.3, and $0.1.52<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Support levels- $1 and 0.86<\/span><\/li>\n<\/ul>\n<\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA117308\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nFrom the past 5 years I working in Journalism. I follow the Blockchain &amp; Cryptocurrency from last 3 years. I have written on a variety of different topics including fashion, beauty, entertainment, and finance. raech out to me at brian (at) coingape.com\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=120&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-60 photo\" height=\"60\" width=\"60\" src=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=60&amp;d=mm&amp;r=g\" \/><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=60&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=120&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-60 photo\" height=\"60\" width=\"60\" \/> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD117308\">\n<p> The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><a target=\"_blank\" href=\"https:\/\/coingape.com\/category\/price-analysis\/\" class=\"closeArticle2 close-btn\" rel=\"noopener\">Close Story<\/a>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/coingape.com\/markets\/crv-price-analysis-rising-prices-breaks-1-resistance-is-1-3-next\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Published 4 hours ago The Curve Dao (CRV) price continues its north march by knocking out higher resistance levels. These breached resistances flipped to suitable footing, replenishing the ongoing bull run. Furthermore, the altcoin has recently pierced $1 resistance, suggesting another leg up. When can you enter? Key points: The CRV price jumped 28% in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[2236,666,3959,2040],"class_list":["post-23004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-breaks","tag-prices","tag-resistance","tag-rising"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/07\/CRV-price.webp.webp","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/23004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23004"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/23004\/revisions"}],"predecessor-version":[{"id":23006,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/23004\/revisions\/23006"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/23005"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23004"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}