Ampleforth (AMPL) and Curve (CRV) Technical Analysis: New All-Time Highs Incoming?

Ampleforth (AMPL)

The platform on Ethereum blockchain is distinguished by its algorithmically adjusted circulating supply. Central to its processes is the AMPL token.

Past Performance of AMPL

The Ampleforth token is bullish, trading in a breakout pattern.

Although AMPL/USDT prices are heavily fluctuating, buyers appear to be squarely in control.

A close above $2.5 may see the AMPL coin race to new H2 2021 highs.

Day-Ahead and what to Expect

Overall, Ampleforth buyers are in the driving seat.

Subsequently, every low may offer ideal entries for AMPL coin traders who expect a close above $2.5.

On the flip side, losses below the current consolidation at $.13 might see AMPL/USDT post even deeper corrections in the short term.

At present, the $2.5 mark is a strong reaction level that would define the short-to-medium term trajectory of the coin.

Ampleforth Technical Analysis

From the daily chart, Ampleforth bulls are in control despite the recoiling of the tail end of October.

The near perpendicular expansion points to conviction amongst traders, pointing to the confidence of the project.

Accordingly, traders may find entries on dips above $1.3.

In that case, the first target would be $2.5 with more room for growth if AMPL posts new 2021 highs.

Curve (CRV)

The DEX is a trustless platform offering swapping stablecoins using CRV for governance.

Past Performance of CRV

The Curve coin uptrend is defined even though there are attempts of the lower end, visible by the close of October. Still, CRV crypto buyers are firmly in control, outperforming ETH and USD month-to-date.

Day-Ahead and What to Expect

The CRV coin is, as mentioned earlier, bullish.

Specifically, CRV/USDT prices are trending within the October 25 bull bar. From an effort-versus-results analysis, this is bullish since sellers are yet to reverse gains.

A close above $5.3, though, may see CRV/USDT race to new 2021 highs, possibly drawing even more demand.

Curve Technical Analysis

The CRV token is consolidating within a tight trade range along the upper BB.

This, though the uptrend is confirmed, points to waning momentum. In that case, CRV coin might post losses.

If these are within the October 25 bull bar, buyers will still be in control.

However, deeper corrections would signal a potential peak and end of the Bull Run.

Conversely, a high-volume close above $5.3 confirming the October 25 bar would thrust CRV to the new 2021 zone in bull resumption.