Key Takeaways
- CVC price prediction shows an optimistic outlook; it will rise to $0.2075 by the end of 2024.
- In 2027, CVC is predicted to reach a maximum price of $0.6848.
- Long-term price predictions for Civic Coin also present a favorable outlook, with the cryptocurrency reaching $2.05 by 2030.
Civic is a blockchain platform that helps individuals and business entities manage personal data properly. The Platform utilizes the powerful features of blockchain technology to control and manage personal information within its network to provide efficiency in identity verification processes.
The CVC token is a unique token that enables civic ecosystem activities and settles all identity-related transactions within the ecosystem. Based on the price chart analysis, the CVC price prediction appears to be bullish over a long period.
Essentially, the CVC coin settles transactions between Civic platform users and service providers within the ecosystem. We expect the continued use of the native digital token to spark its growth as more users join the Civic community. The CVC price forecast is bullish based on the technical analysis conducted on its price, past performance, and the anticipated success of the Civic ecosystem as adoption campaigns increase.
Overview
Cryptocurrency | Civic Coin |
Token | CVC |
Price | 0.1089 |
Market Cap | $109,060,726 |
Trading Volume | $10,747,375 |
Circulating Supply | 1,000,000,000 CVC |
All-time High | $1.66, Dec 25, 2017 |
All-time Low | $0.01081, Mar 13, 2020 |
24-hour High | $0.1102 |
24-hour Low | $0.1033 |
CVC Technical Analysis
Metric | Value |
Price Prediction | $0.165166 (49.96%) |
Volatility | 6.44% |
50-Day SMA | $0.120731 |
14-Day RSI | 49.09 |
Sentiment | Neutral |
Fear & Greed Index | 69 (Greed) |
Green Days | 16/30 (53%) |
200-Day SMA | $0.135681 |
CVC price analysis: Civic Coin obtains bullish momentum at $0.1089
TL;DR Breakdown
- Current Civic sentiment shows a bullish trend at $0.1089
- The Civic Coin coin has increased by 1.78% at the time of writing
- Civic Coin prices have sought resistance at $0.1177
As of July 17, 2024, Civic Coin has consistently grown, reaching $0.1089, which marks a 1.78% rise in the last day. This upward trajectory suggests promising potential for further gains in the coming days. Investor confidence remains high, buoyed by bullish market conditions driving ongoing upward momentum. CVC’s substantial market cap reinforces its strong standing amid these recent developments.
Civic Coin price analysis 1-day price chart: Civic Coin bullish at $0.1089
Civic Coin has exhibited a notable uptrend in its daily price analysis. Following a period of stability, Civic Coin has surpassed its Moving Average. CVC is currently priced at $0.1089, encountering resistance just above this level. This upward movement has strengthened bullish sentiment in the market, accompanied by a gradual rise in volatility, indicating a somewhat unsettled and unpredictable trajectory in the crypto market with no immediate indications of reversal.
The Bollinger Bands, which measure market volatility, are currently expanding, signaling rising levels of volatility. The upper boundary, acting as resistance, is set at $0.1177, while the lower boundary, providing support, is positioned at $0.0869.
The Relative Strength Index (RSI) for Civic Coin is currently at 53, placing it within a stable zone associated with a linear trend. This suggests that selling pressure is currently balanced with buying pressure, creating conditions favorable for a stable market trend. These calm conditions indicate that Civic Coin is likely to persist on its current trajectory, maintaining stability in the near future.
CVC/USD 1-hour price chart: Civic Coin declines toward stability
Over the observed period, the hourly chart of CVC shows a predominant bearish trend. The price has declined from $0.1102 to $0.1089, demonstrating a consistent downward movement. This pattern indicates strong selling pressure and a prevailing bearish sentiment in the market. While there have been sporadic minor upticks, the overall trend remains bearish, emphasizing ongoing downward momentum on Civic Coin prices.
The upper boundary of the Bollinger Bands for the cryptocurrency is currently set at $0.1115, acting as a resistance level. Conversely, the lower boundary is established at $0.1047, serving as critical support. The narrowing of these Bands indicates a reduction in market volatility, suggesting potential stability in Civic Coin prices in the near future.
The current RSI indicator for Civic Coin stands at 59. The downward trend in RSI further suggests ongoing bearish sentiment, where selling pressure outweighs buying activity. This shift reflects growing seller confidence and hints at the possibility of price stabilization in the near future.
Civic Coin technical indicators: Levels and action
Daily simple moving average (SMA)
Period | Value | Action |
SMA 3 | $0.104268 | BUY |
SMA 5 | $0.101347 | BUY |
SMA 10 | $0.099271 | BUY |
SMA 21 | $0.102787 | BUY |
SMA 50 | $0.120731 | SELL |
SMA 100 | $0.144455 | SELL |
SMA 200 | $0.135681 | SELL |
Daily exponential moving average (EMA)
Period | Value | Action |
EMA 3 | $0.10119 | BUY |
EMA 5 | $0.102835 | BUY |
EMA 10 | $0.106262 | BUY |
EMA 21 | $0.115079 | SELL |
EMA 50 | $0.132486 | SELL |
EMA 100 | $0.141231 | SELL |
EMA 200 | $0.136094 | SELL |
What to expect from the CVC price analysis
CVC price analysis reveals that crypto prices have been increasing in accordance with a recently initiated bullish trend. The analysis states that buying activity has raised CVC’s price from $0.1035 to $0.1102; however, the currency finds stability at $0.1089, which is the current Civic price as well. Given the present market’s bullish trend, it is improbable that it will turn around very soon. Technical indications reinforce the upward trend, while price charts favor the bulls.
Is CVC a good investment?
Based on the current technical analysis and market data, Civic Coin shows signs of a bullish trend, with increasing buying activity pushing its price higher to $0.1089. The indicators, including moving averages and RSI, suggest mixed signals but point towards potential growth overall. However, investors should consider the volatility indicated by expanding Bollinger Bands and the overbought RSI, which may imply short-term price fluctuations.
Why is Civic Coin up?
Civic Coin (CVC) has seen an increase, likely due to several factors contributing to positive market sentiment. These include broader bullish trends in the cryptocurrency market, specific announcements or developments from the Civic project that may enhance its utility or adoption, and increased investor interest or trading activity driven by perceived value or speculative trading strategies.
Will Civic Coin reach $0.5?
Civic Coin (CVC) can reach $0.5 based on current trends and forecasts in 2027.
Will Civic Coin reach $1?
Reaching $1 for Civic Coin (CVC) is within reach, according to projections, approximately in 2029.
Will Civic Coin reach $2?
Reaching $2 for Civic Coin (CVC) is a longer-term target requiring significant market expansion and favorable conditions. The earliest it might reach $2 is 2030.
Does Civic Coin have a good long-term future?
Civic Coin (CVC) appears to have a promising long-term future. Its focus on identity management solutions through initiatives like Civic Pass and collaborations across the blockchain ecosystem position it well for sustained growth. The projected price increases over the years also indicate optimism among analysts regarding Civic market potential.
Recent news/opinion on CVC
- Civic facilitated the launch of a custom Civic Pass at Consensus, enhancing identity and access management for on-chain assets.
- CVC collaborated with Bonfida and Solana Foundation to safeguard quadratic voting for DAOs via Civic Uniqueness Pass.
- Civic has launched a Tokenized Identity podcast to educate on digital identity benefits, featuring industry leaders like Lasha Antadze and Corey Wright.
CVC Price Prediction July 2024
Cryptopolitan’s CVC price prediction is expected to range between $0.104 and $0.185 in July 2024, with an average price expectation of approximately $0.144. This forecast suggests potential volatility in CVC’s price, influenced by market conditions and investor sentiment during the month. Investors should monitor developments in Civic’s technology and broader cryptocurrency trends to gauge potential price movements within this projected range.
Month | Minimum Price | Average Price | Maximum Price |
July | $0.104 | $0.144 | $0.185 |
CVC Price Prediction 2024
Cryptopolitan forecasts Civic Coin (CVC) to range between $0.1811 and $0.2075 throughout 2024, with an average projected price of approximately $0.1873. This prediction indicates optimism in CVC’s potential for growth over the year, subject to market dynamics, adoption trends, and technological advancements within the Civic ecosystem.
Year | Minimum Price | Average Price | Maximum Price |
2024 | $0.1811 | $0.1873 | $0.2075 |
CVC Price Predictions 2025 – 2030
Year | Minimum | Average | Maximum |
2025 | $0.2700 | $0.2775 | $0.3147 |
2026 | $0.3959 | $0.4070 | $0.4716 |
2027 | $0.5750 | $0.5913 | $0.6848 |
2028 | $0.7968 | $0.8263 | $0.9835 |
2029 | $1.19 | $1.24 | $1.36 |
2030 | $1.69 | $1.74 | $2.05 |
CVC price prediction 2025
The Civic price forecast for 2025 suggests a notable inclination for the cryptocurrency, with its maximum price expected to reach $0.3147. Civic’s price could be around a minimum of $0.2700, with an average price of $0.2775.
CVC price prediction 2026
In 2026, Civic CVC price prediction is projected to experience significant growth. The maximum forecasted price is $0.4716, with an average price expected to reach $0.4070 and a minimum of $0.3959. This optimistic outlook suggests a potentially bullish trend for Civic Coin, reflecting strong investor confidence and market momentum in the cryptocurrency.
CVC price prediction 2027
In the CVC price forecast for 2027, we foresee the cryptocurrency potentially reaching a peak of $0.6848. The average price is projected to stabilize around $0.5913, with a minimum expected at $0.5750. This outlook suggests continued bullish momentum for Civic Coin, driven by positive market sentiment and potential developments in its ecosystem.
CVC price prediction 2028
Analysts predict Civic Coin could reach a peak value of $0.9835 in 2028. The projected minimum trading price is expected to be $0.7968, providing a potential support level. The average market value is projected around $0.8263.
CVC price prediction 2029
According to the CVC price prediction for 2029, analysts anticipate the cryptocurrency potentially reaching a peak price of $1.36. The projected minimum price is expected to be $1.19, with an average trading price of around $1.24. This outlook suggests a stable trajectory with potential for significant growth, indicating optimism among analysts regarding Civic Coin’s performance in the crypto market by 2029.
CVC price prediction 2030
According to the Civic Coin price prediction for 2030, analysts foresee the cryptocurrency potentially reaching a maximum price of $2.05. The projected minimum price is expected to be $1.69, with an average value of around $1.74. This forecast suggests a stable trajectory with potential fluctuations, reflecting sustained investor interest and evolving market dynamics as Civic Coin matures in the cryptocurrency landscape.
CVC market price prediction: Analysts’ Civic Coin price forecast
Firm Name | 2024 | 2025 |
Changelly | $0.144 | $0.3147 |
Gate.io | $0.1176 | $0.1325 |
Digital Coin Price | $0.24 | $0.28 |
Cryptopolitan’s Civic Coin (CVC) Price Prediction
CryptoPolitan’s Civic price prediction indicates varying levels of optimism and growth potential over the coming years. For July 2024, CVC is forecasted to range between $0.104 and $0.185, with an average price expectation of around $0.144, highlighting potential volatility influenced by market conditions and investor sentiment. Looking ahead to 2024, CVC is projected to fluctuate between $0.1811 and $0.2075 throughout the year, with an average price of approximately $0.1873, reflecting confidence in CVC’s growth potential amidst evolving market dynamics and adoption trends. Further out, from 2025 to 2030, analysts foresee Civic Coin potentially reaching significant milestones, with price projections indicating gradual increases from $0.2700 to a maximum of $2.05 by 2030, demonstrating sustained investor interest and optimism in Civic Coin’s future price movements and market maturity.
CVC Historic Price Sentiment
- Civic Coin’s highest price for February 2020 was $0.04336, while its lowest was in March at $0.00989, showing a decrease of 20.44% during this period.
- From May to August 2020, Civic Coin experienced an upward trend. The highest price was $0.05620 in August, and the lowest was $0.02470 in June, marking an increase of 48.19% over these months.
- Civic Coin peaked for November 2020 at $0.15663 and reached its lowest point in September at $0.02373 USD, demonstrating a remarkable increase of 222.03% in November and a modest rise of 3.37% in December.
- Civic Coin peaked in February 2021 at $0.59166 and reached its lowest point in April at $0.35860, reflecting a significant increase of 119.87% in February and a decrease of 5.78% in April.
- The highest price during this period was $0.68165 in May 2021, while the lowest was $0.14418 in June, resulting in a decline of 25.95% from June to August.
- Civic Coin saw its highest price for September 2021 at $0.97221 and its lowest in December at $0.30390, with a notable increase of 28.05% in September and a significant decrease of 38.77% in December.
- Civic Coin started the year in January 2022 at $0.27041 and saw its lowest point in April at $0.14040, marking a decrease of 17.54% over this period.
- The highest price for Civic Coin in June 2022 was $0.20157, and the lowest was $0.06422 in August, reflecting a decrease of 23.75% from June to August.
- Between September 2022 and December 2022, Civic Coin hit its highest point for September at $0.08116 and its lowest in December at $0.07030, with shifts of +13.02% in September, +22.73% in October, +13.43% in November, and -4.15% in December.
- From January 2023 to April 2023, Civic Coin saw its peak for March at $0.13430 and its trough in April at $0.09880, showing changes of -13.29% in January, +34.03% in February, -11.46% in March, and -4.66% in April.
- Throughout May 2023 to August 2023, Civic Coin’s high was in June at $0.08632, and its low was in August at $0.06422, with variations of -17.87% in May, -1.41% in June, +5.39% in July, and -20.89% in August.
- Between September 2023 and December 2023, Civic Coin peaked for November at $0.21067 and bottomed out in December at $0.09925, marking changes of +13.02% in September, +22.73% in October, +13.43% in November, and -4.15% in December.
- From January 2024 to April 2024, Civic Coin reached its highest price for March at $0.32123 and its lowest in April at $0.14040, with changes of +2.21% in January, +34.03% in February, +99.46% in March, and -36.62% in April.
- In May 2024, Civic Coin opened at 0.15376 USD, reached a high of 0.18330 USD, and closed at 0.15317 USD, with a low of 0.15123 USD. The month saw a trading volume of 504.67 million USD, and the coin’s value changed by +0.39% over the period.
- In June 2024, Civic Coin opened at 0.15317 USD, reached a high of 0.15553 USD, and closed at 0.10664 USD, with its lowest point at 0.10010 USD. The trading volume for the month amounted to 552.45 million USD, and the coin’s value declined by -30.65% over the period.
- In July 2024, Civic Coin opens at $0.10660, with its highest price reaching $0.11025 and its lowest dropping to $0.07835. The trading volume for the month totals $228.29 million so far, and the coin’s value has increased by +2.21%.
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