With the Total Value Locked in DEX at record highs (~$17.5 Bn), Curve has reserved its second spot in the list with ~$4.5 Bn locked in its protocol.
After hitting its recent low of $1.625, CRV has been forming higher highs and higher lows, which depicts that next upswing rally is on the cards.
Key levels to watch out:-
On the 4Hr TF, CRV has retracted back to 0.618 Fibonacci level and has given a decent bounce back depicting the move to be a Correction.
It has given a breakout from its trendline resistance and is most likely to reach the level of $4.18 while the support is placed at $3.
After hitting its recent low of $1.625, CRV has been forming higher highs and higher lows, which depicts that next upswing rally is on the cards.
Key levels to watch out:-
On the 4Hr TF, CRV has retracted back to 0.618 Fibonacci level and has given a decent bounce back depicting the move to be a Correction.
It has given a breakout from its trendline resistance and is most likely to reach the level of $4.18 while the support is placed at $3.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.