FVG Zone as Next Target

If $0.60 is successfully reclaimed and held, CRV may continue its move toward the bearish FVG (Fair Value Gap) zone. This area often represents unfilled liquidity and could act as a magnet for price action.

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Possible Rejection Scenario

However, if CRV fails to break above the trendline and gets rejected, the price may retrace toward the $0.40 region. This level previously acted as support and could once again become a critical area for buyers to step in.

Daily volume is showing a gradual increase. RSI is building upward momentum, while MACD remains neutral. In the coming days, all eyes will be on whether CRV can break this long-standing trendline.

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The post CRV at a Turning Point: Will the Downtrend Break? appeared first on Coin Engineer.

Bitcoin (BTC) Key Levels

Bitcoin is currently trading at $97,848, reflecting a 0.42% increase over the past 24 hours. BTC has bounced from its $94,700 support, but if it continues to drop, the next critical support level lies at $93,138. To maintain bullish momentum, Bitcoin needs to close above $99,300, with the ATH region being the next target if this resistance is surpassed.

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Ethereum (ETH): Ethereum’s price stands at $3,762, with a 1.18% increase in the last 24 hours. Its key resistance levels are $3,886 and $3,946, while support levels are positioned at $3,647 and $3,530. These levels will be critical in determining ETH’s short-term trajectory.

Curve DAO Token (CRV): CRV is trading at $1.19, marking a 9.43% rise over the past 24 hours. Resistance is seen at $1.21, followed by $1.30, while the primary support levels are $1.05 and, in case of a deeper correction, $0.98. This marks CRV as a coin with notable upward momentum recently.

Artificial Superintelligence Alliance (FET): Currently priced at $1.79, FET has dropped 4.63% over the past day. The token’s resistance levels are at $1.78 and $1.89, while support levels lie at $1.69 and $1.58. These levels highlight a bearish sentiment that may persist unless the token regains strength.

Virtuals Protocol (VIRTUAL): VIRTUAL trades at $1.63, with a 5.54% increase in the last 24 hours. Key resistance levels include $1.73 and $1.87, while support can be found at $1.34 and $1.26, presenting a range for traders monitoring potential volatility in the token.

Trending Coins

The most trending coins over the last 24 hours include Movement (MOVE), PONKE (PONKE), and peaq (PEAQ). Among the top gainers, MOVE, PEAQ, and Clearpool (CPOOL) have seen substantial growth, while Across Protocol (ACX), Bitcoin Gold (BTG), and Turbo (TURBO) are listed as the top losers, reflecting significant price declines.

Bitcoin Liquidation Zones

The 12-hour liquidation map for Bitcoin reveals two major levels:

• Upper Zone: $98,754, with liquidations amounting to $40 million.
• Lower Zone: $94,926, also with liquidations totaling $40 million.
  These zones highlight significant areas of liquidity that may influence Bitcoin’s price movement in the short term.

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The post The Latest on Bitcoin and Cryptocurrencies: December 10 appeared first on Coin Engineer.