CRV-USDT(Trendline Breakout)
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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