Over the past few months, the cryptocurrency market has experienced a major bull run. Major coins like Bitcoin and Ethereum have reached new all-time high records. Even lesser-known cryptocurrencies like Safemoon, Shiba Inu Coin also rocketed in price. While the markets have been down for the past couple of weeks, a coin called the CLVA has seen a major rise in price over the past 24 hours. Read on to know more about what CLVA is CLVA price prediction.
What is CLEVER DEFI (CLVA)?
CLEVER is a DEFI (Decentralized Finance) Protocol which distributes AUTOMATIC INTEREST PAYMENTS to all CLVA Token Holders on a pre-programmed routine cycle schedule over 888 fortnightly cycles taking exactly 34.15 years to complete.
Up to 11% Compound interest PAID FORTNIGHTLY with guaranteed automatic payments for all CLVA Token holders
Think of CLEVER as the digital smart way to STORE YOUR WEALTH which pays a significantly greater interest rate compared to a now outdated everyday bank account paying little to no interest.
CLEVER (CLVA) Price Prediction June 2021
As you can see in the chart, CLVA took a great support at 1.18$ price range, and derives it as a potential huge demand zone. CLVA looks like it is struggling to break its local resistance at 2.6$, but as it has retested the resistance level more than 5 times now, it seems like resistance is getting weaker day by day. There are high chances of it breaking the resistance as soon as the market becomes more stable and the fear factor decreases.
Bearish funnel to Side-wise funnel: Likely to break the resistance now
CLVA has already left its bearish funnel and entered into a new side-wise funnel. This is again a good indicator that the defi coin has potential and strong community support too.
The breakout from the bearish funnel is good, but still EMA (50-200) in a 4 hour time frame is bearish. The only key stopping CLVA is the volume. As you can see in the chart above, the daily volume is very less, which could be because of a lot of liquidation in the last two week crash and an exponential increase in the fear factor.
Fibonacci retracement completion and next key level is at $4
Fibonacci retracement upto 60% is completed this month, hence a great sign for CLVA to go beyond 0.786 to 1 level as shown in the chart above.
Huge profit for traders who took entries at support: Have booked 112% to 145% in profits
Certainly, traders know that CLVA has a great support at 1.2$ hence any one took entries on the support line would have book huge profits upto 145% in such a unpredictable and bearish market.
Pivot, Resistance and Support Levels for Day Traders
Calculation For Trading:
Resistance Level (R3): 4.099
Resistance Level (R2): 3.485
Resistance Level (R1): 2.796
Pivot Point: 2.182
Support Level (S1): 1.493
Support Level (S2): 0.880
Support Level (S3): 0.191
What will the Clever DeFi Price be tomorrow?
Our analysis predicts that the Clever DeFi Price can be upto $2.65 USD by tomorrow i.e 4th June 2021
What will be the price of Clever DeFi (CLVA) after a year (2022)?
In 1 year from now what will 1 Clever DeFi be worth?
The price of 1 Clever DeFi (CLVA) can roughly be upto $11.20 USD in 1 years time a 5X nearly from the current Clever DeFi price.