cryptocurrency

Civic (CVC) Price Prediction 2022 – Will CVC Hit $1 Soon?

  • CVC bullish price forecast is 0.2037 USD to USD0.6444.
  • The Card Verification Code (CVC) will also reach $1 soon.
  • The bearish market price forecast for CVC for 2022 is $0.1241.

In Civic Price Forecast (CVC) 2022, we use statistics, price patterns, RSI, RVOL, and other information about the CVC to analyze the future movement of the cryptocurrency.

Civic (CVC) Current Market Status

according to Queen GekkoCVC price is $0.144283 with a 24-hour trading volume of $8,711,019 at the time of writing. However, CVC has decreased to 3.1% in the last 24 hours.

Furthermore, Civic (CVC) has a circulating supply of 802,000,010 CVC. Currently, CVC is traded on cryptocurrency exchanges such as Binance, OKX, Bybit, BingX, and CoinW.

What is a civic (CVC)?

Civic is a blockchain-based identity management solution that provides individuals and businesses with the tools they need to control and protect personally identifiable information. It aims to change the way we think about identity verification by giving users more control over their personal data, and giving them access to a wide range of services without having to provide a lot of personal information.

Civic (CVC) Price Forecast 2022

Civic (CVC) ranks 224th on CoinGecko right now. The CVCprice 2022 forecast is explained below with a daily time frame.

CVC/USDT descending channel pattern (Source: TradingView)

The above chart for Civic (CVC) depicts a descending channel pattern, also known as a bearish channel. The descending channel consists of two parallel trend lines. The upper trend line, which joins the highs, and the lower trend line, which joins the lows, run parallel to the bottom. This pattern is characteristic of a bear market.

Currently, the Civic (CVC) is priced at $0.971025. If the pattern continues, CVC price could reach the $0.2447, $0.4203 and $0.9408 resistance levels. And if the trend reverses, it may drop to the $0.1100 support level

Civil Support and Resistance (CVC) Levels

The chart below shows the support and resistance levels for CVC.

Card Verification Code (CVC)USDT Support and Resistance Level (Source: TradingView)

From the above daily time frame, we can clearly interpret the following as the resistance and support levels of CVC.

resistance level 1 0.2037 USD
resistance level 2 0.3206 USD
resistance level 3 US$0.4399
resistance level 4 $0.6444
Support level 1 0.1241 USD
CVC resistance and support level

The charts show that CVC has performed an upward trend over the past month. If this trend continues, CVC may work in tandem with the bulls breaking the resistance at $0.6444.

Accordingly, if investors turn against the cryptocurrency, the price of CVCmight will drop to close to $0.1241, which is a bearish sign.

Civic (CVC) Price Forecast 2022 – RVOL, MA and RSI

The Civic Relative Volume (RVOL) (CVC) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous volume of traders. Currently, CVC’s RVOL is below the cutoff line, which indicates the trading of weaker participants in the current trend.

Moreover, Civic Moving Average (MA) is shown in the above chart. Currently, CVC is in an uptrend. Notably, the CVC price is below the 50 MA (short term), so it is quite in a downtrend. There is a possibility that the CVC may be reversed at any time.

Meanwhile, the CVC Relative Strength Index (RSI) is at 44.07. This means that the Card Verification Code (CVC) is neither overbought nor oversold. However, this gives confidence to the traders to trade without any fear.

Civic (CVC) Price Forecast 2022 – ADX, RVI

Let’s now take a look at the Civic Average Directional Indicator (ADX) (CVC). It helps to measure the overall strength of a trend. The indicator is the average of the values ​​of the expanding price range. This system attempts to measure the strength of price action in positive and negative trends using DMI indicators with ADX.

The chart above represents the ADX indicator for the Civic (CVC). Currently, CVC is in the range of 45.6405, so it indicates a strong trend.

From the chart above, the Civic Relative Volatility Index (RVI) (CVC). RVI measures the continuous skewness of price changes over a period of time rather than price changes. The RVI of CVClies is above 50, indicating that the volatility trend is up. In fact, the CVC RSI is at the level of 44.07 which confirms a possible buy signal.

CVC vs BTC vs ETH

The chart below shows a price comparison between Bitcoin, Ethereum, and Civic (CVC).

BTC vs ETH vs CVC Price Comparison (Source: betweenDrIngeview)

From the above chart, we can interpret the movement of ETH, BTC, and CVC in a similar direction. This indicates that when the price of BTC increases or decreases, the price of ETH and CVC increases or decreases, respectively.

Civic (CVC) Price Forecast 2023

If the falling price action completely slows down in momentum and the trend reverses, the Civic (CVC) Likely to make $3 by 2023.

Civic (CVC) Price Forecast 2024

With several network upgrades, Civic (CVC) may enter an upward trajectory. If the coin catches the attention of major investors, it could rise to $7 by 2024.

Civic (CVC) Price Forecast 2025

If Civic (CVC) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next three years, CVC will rise to $11.

Civic (CVC) Price Forecast 2026

If Civic (CVC) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next four years, CVC will rise to $15.

Civic (CVC) Price Forecast 2027

If Civic (CVC) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next five years, CVC will rise to $19.

Civic (CVC) Price Forecast 2028

Despite the trends in the highly volatile cryptocurrency market, if Civic (CVC) maintains a strong position as a better investment option for the next six years, it could drive prices higher. Thus, by 2028, the card verification code will reach $22.

Civic (CVC) Price Forecast 2029

If investors flock and continue to place their bets on the Civic (CVC), this will see significant upsides. The price of card verification could reach $25 by 2029.

Civic (CVC) Price Forecast 2030

With greater developments in the Civic ecosystem, the crypto community may continue to invest in Civic (CVC) over the next eight years and drive the price of the token significantly higher. Thus, the Civic (CVC) could reach $27 by 2030.

conclusion

With the continuous improvements in the Civic network, we can say that 2022 is a good year for CVC. Because of this, the forecast for a bullish price for Civic (CVC) in 2022 is $0.1241. On the other hand, the bearish prediction for the price of Civic (CVC) for 2022 is $0.6444.

Furthermore, with developments and improvements to the Civic ecosystem, Civic’s performance (CVC) will rise to reach a new all-time high (ATH) of $9.09 soon. But, it could also hit $1 if investors think CVC is a good investment in 2022.

Instructions

1. What is a Civic (CVC)?

Civic is a blockchain-based identity management solution that provides individuals and businesses with the tools they need to control and protect personally identifiable information.

2. Where can you buy a CVC?

Civic (CVC) is listed on several cryptocurrency exchanges including Binance, OKX, Bybit, BingX and CoinW.

3. Will Civic (CVC) Have a New ATH Soon?

With continuous developments and updates within the Civic platform, Civic (CVC) has a high potential to reach ATH soon.

4. What is the current highest altitude (ATH) for a Civic (CVC)?

On January 3, 2018, Civic (CVC) reached an all-time high (ATH) of $1.35.

5. Is CVC a good investment in 2022?

Civic (CVC) appears to be one of the most profitable cryptocurrencies this year. According to Civic’s achievements in the past few months, CVC is a good investment in 2022.

6. Can a Civic (CVC) reach $1?

Civic (CVC) is one of the active cryptocurrencies that continues to maintain its bullish state. Ultimately, if this uptrend continues, Civic (CVC) will hit $1 soon.


7. What will be the price of the Civic (CVC) by 2023?

The Civic (CVC) is expected to reach $3 by 2023.

8. What will be the price of the Civic (CVC) by 2024?

The Civic (CVC) is expected to reach $7 by 2024.


9. How much will a CVC be worth by 2025?

The Civic (CVC) price is expected to reach $11 by 2025.

10. What will be the price of the Civic (CVC) by 2026?

The Civic (CVC) price is expected to reach $15 by 2026.

Disclaimer: The opinion expressed in this graph is that of the author only. Not to be construed as investment advice. TheNewsCrypto team encourages everyone to do their own research before investing.

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