$CRV Surges with +18.66% Gains! ๐น
Price Update: CRV is trading at $0.3746, showing an impressive +18.66% increase in the last 24 hours. The token reached a high of $0.3967 and a low of $0.3146, reflecting growing bullish momentum.
Technical Analysis:
โข Moving Averages:
โข The 7 MA at $0.3719 is acting as a key support level, indicating short-term bullish strength.
โข The 25 MA at $0.3549 and 99 MA at $0.3206 show a solid breakout from previous consolidation.
โข Volume Insights:
โข Volume has spiked significantly, confirming strong buying interest driving the rally.
โข Support Zone: Immediate support lies at $0.3700, with stronger support around $0.3600.
โข Resistance Zone: The high at $0.3967 serves as the next resistance. A breakout could lead to more upside.
Market Sentiment:
โข Bulls are dominating the market, pushing CRV into higher resistance zones with strong momentum.
โข Consolidation near $0.3700-$0.3800 could set the stage for another push upward.
Whatโs Next?:
โข Bullish Case: Breaking above $0.3967 could send CRV toward $0.4200-$0.4500 in the short term.
โข Bearish Case: Failure to hold above $0.3700 might lead to a pullback to $0.3600 for consolidation.
