We have a mixture of interesting signals here on the Curve (CRVUSD) chart... Join me!
Yesterday we had a nice jump with a full green candle that managed to close above EMA50, opening the doors for mid-term bullish potential.
This is supported by above average volume and a strong RSI.
At the same time we can see a local descending channel being broken; a downtrend broken as an old uptrend resumes.
The targets are as follows for this bullish wave that is now developing:
1) $0.90 can happen easy and fast. 2) $1.11 is the main resistance to break for higher prices. 3) $1.26 can also work as resistance on the way up and if conquered, the higher high can lead to $2 if the bulls are strong.
This is not financial advice. Remember to do your own planing, your own research...