DAO Curve Price Forecast: Leading Trader Reveals Positive and Practical Projections
In the world of cryptocurrency, the future of Curve DAO (CRV) is shrouded in uncertainty, with predictions ranging from moderate to optimistic. The Mental Trader, a renowned crypto analyst, has proposed two Elliott Wave scenarios for CRV, each offering a different outlook for the digital asset.
According to the optimistic Elliott Wave scenario, CRV could potentially reach $30 to $37 if the current structure plays out with an extended third wave followed by a final push higher, following a long consolidation phase in the fourth wave. This bullish forecast is based on the Elliott Wave principles and Fibonacci levels.
However, a more realistic target is around $6, fitting measured price action and key Fibonacci levels. This target is more conservative, reflecting a more grounded progression of price action.
To secure profits and control risk, the Mental Trader has suggested a staged exit strategy at $2, $3, and $6. The analyst emphasises the importance of a strict selling discipline, noting that the market rarely offers second chances. The strategy is to set fixed targets, stick to them, and resist the temptation to re-enter after taking profits.
The plan involves a cautious and realistic approach, with the first key profit-taking zone being a break above the $2 level. Any move past $6 would leave the analyst holding only a small portion of his position, ready for either double-digit prices or a stop at the next sign of weakness.
At press time, CRV trades at $1.02, having gained nearly 4 percent in the last 24 hours and 8.8 percent over the past week. With a daily volume of $411 million, according to CoinGecko, the digital asset is currently attracting market attention.
However, other price predictions from various sources suggest more moderate price ranges for CRV, such as average prices between roughly $1.3 to $2 for 2025 based on broader market sentiment and technical factors. These predictions do not explicitly tie to the Elliott Wave frameworks or the detailed exit plan highlighted by the Mental Trader.
Traders often fail to take profit because of fear or greed, according to the analyst. To avoid this, the plan involves a disciplined dollar-cost averaging approach for selling. The strategy is to set levels, stick to them, and walk away when the job is done.
In conclusion, the main Elliott Wave-based forecast proposes a range from a realistic $6 target up to an optimistic $37, with a staged exit strategy at $2, $3, and $6 to secure gains while controlling risk. The Mental Trader's strategy aims to avoid emotional trading mistakes and the potential loss of profits, providing a strategic approach for traders navigating the volatile world of cryptocurrency.
Investing in Curve DAO (CRV) presents an opportunity for profit, with the Mental Trader suggesting a bullish forecast of up to $37 based on the Elliott Wave principles and Fibonacci levels, yet a more conservative and realistic target of $6 is also proposed. To manage risk and secure profits, a staged exit strategy is advised at $2, $3, and $6. The emphasis is on a disciplined selling approach to avoid potential losses.
