There is a struggle among investors to keep CRV price above $2.5
The Curve DAO Token price is trading lower below the crucial $2.6 support level after breaking down of Triangle pattern .
The Curve DAO Token is remaining below the significant moving averages (such as 20,50,100 and 200 MAs) over the daily price chart.
The RSI has been consolidating below the half-line (50-mark) since mid-Jan in terms of a daily price chart. RSI attempted multiple times to expend above 50-mark. At the time of writing, the daily RSI is at 42-level. Bulls may act aggressively above the 50-mark.
The Ichimoku indicator is still reflecting the bearish zone over the daily price graph. Where Leading Span A is at $2.56, and Leading Span B is at $3.68.
Curve DAO investors can feel safe above the demand zone (Green Zone), below the $2.0 support level , CRV token price could turn more bearish .
Resistance level- $2.7 and $3.5
Support level- $2.0 and $1.2
