CRV Four-Hour Chart

Current CRV price is $1.1428, up 4.45% for the day.

• 24-hour high: $1.1665

• 24-hour low: $0.8800

• Key Moving Averages:

• MA(7)=$1.0916 (Short-term support)

• MA(25)=$1.1573 (Medium-term resistance)

• MA(99)=$0.7995 (Long-term support)

From the chart, CRV has significantly retraced after reaching a high of $1.3368, but the support from the short-term moving average is evident, with the price rebounding above MA(7), showing short-term bullish signals. The MACD indicator shows that DIF and DEA are converging, and bearish momentum is starting to weaken.

Support and Resistance Levels

• First support level: $1.0916 (MA(7) support)

• Second support level: $1.0700 (Recent low support)

• Third support level: $0.8800 (24-hour low)

• First resistance level: $1.1573 (MA(25) resistance)

• Second resistance level: $1.2000 (Psychological barrier)

• Third resistance level: $1.3368 (Recent high)

Short-term Trading Strategy

Long Position Strategy:

• Entry point: Around $1.1000

• Take profit target: $1.1573

• Stop loss level: $1.0700

Short Position Strategy:

• Entry point: Around $1.1573

• Take profit target: $1.1000

• Stop loss level: $1.2000

If CRV continues to find support at MA(7), it may test the resistance level at $1.1573; if it breaks through, it may rise further to $1.2000 or even $1.3368; if it falls below $1.0916, it may drop to $1.0700 or lower to $0.8800.

【Public 🀄️H: Bull Market Old Coin Light, sharing exclusive information daily for brothers, Binance registration invitation code: Q9TB8ODZ, everyone support, wishing brothers and sisters a full harvest!】$CRV