CRVUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
Price is fluctuating within a flag pattern. If it can move above the resistance line and stabilize, it can experience a good climb.
We wait for the price to fluctuate above the resistance line and then enter the trade to achieve higher targets.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Crvusdt
CRV - looking very good in this correction timeCurve is a decentralized exchange for stablecoins that uses an automated market maker to manage liquidity.
Market Cap of 1,6 billion is just ridiculous for this project.
Market Cap/TVL (Total Value Locked) Ratio confirms that with value of just 0.08!! (For example UNI is at 1.31 ratio and 13.6 billion Market Cap)
Chart is also looking good. Consolidation after breakout, forming bullish flag, strong bounce from weekly support confirms that buyer stepping in.
Short term price target is top of the flag at around 5$.
Long term I can see it easily at 10 billion M. Cap.
Curve is very undervalued project. Better grab some while it is at just 1,6 billion M. Cap!
CRV/USD - Support retest successful! Back to $5? 😉CRV went back to the ascending trendline and is likely to consolidate just above it before we return on the uptrend.
We still need a bit more time, but the trend remains bullish on CRV. Plus fundamentals are looking great for this coin.
I expect CRV to move towards $10 eventually. ;)
Like and follow if you liked myidea!
CRVUSDT Update and TargetSo the consolidation of CRV got lengthened a bit by the recent pullback. However, that is not a bad thing. Structurally, CRV looks great! I expect it to move to about 8.0 for a major target. There are a few targets I expect after this but I am waiting for confirmation. Anyways, thanks again everyone!
CRV about to go parabolicThis is a comparison of CRV/USDT current chart to ETH/USD 2016-17 Chart. They are strikingly similar and CRV is closely following it.
90% of CRV's current circulating supply is locked for an average of 3.6 years making it a perfect candidate for a massive supply squeeze.
CRV wars are also heating up because of what MOCHI INU did a few days back.
It is currently turning it's previous all time high resistance into support and gearing up for the massive move that is about to come in the next few weeks. Once it flips $5.5 resistance it might go parabolic just like ETH did in 2016.
CRV all time high is $23 which is definitely achievable in long term because of it's low supply in the market.
This chart is only for information purposes and it is not an investment advice.