Movement Towards Higher Resistances
CRV is currently within a range that could play a crucial role in determining the next price direction. This range is between $0.26 and $0.29 and could act as a balance area.
Potential Scenarios:
Downward Pullback:
If a downward pullback occurs, the price might reach the $0.26 to $0.29 range. This range is considered a significant support area that could prevent further price declines and lead to a price rebound.
Movement Towards Higher Resistances:
After stabilizing within the support range, the price might move towards targets of $0.34 and $0.37. These levels are considered important resistances, and breaking through them could signal a strengthening of the bullish trend.
Potential Scenarios:
Downward Pullback:
If a downward pullback occurs, the price might reach the $0.26 to $0.29 range. This range is considered a significant support area that could prevent further price declines and lead to a price rebound.
Movement Towards Higher Resistances:
After stabilizing within the support range, the price might move towards targets of $0.34 and $0.37. These levels are considered important resistances, and breaking through them could signal a strengthening of the bullish trend.
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