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Crvusdt

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.
Long
by NayibSayilor
17
🌈CRV- testing major support, get readyCRV just recently broke above the area of heavy resistance and is now testing it as a support. The price got rejected from 5.46 level, which actually can be treated as "more reliable" ATH because it is the only clear resistance we can identify, except for the one from the initial pump, when the coin was first listed. You can of course argue with this theory, it's just my approach. Following this assumption, this is the last level to claim. Please remember, that if BTC is going to resume its run (and it looks like it is) most altcoins will either dump or go into standby mode. In case current area doesn't hold, we can expect the price to find support at either 3.15(local level) or 2.68(macro support) Entry: average buy from current price (4.40) down to key level (3.53) Targets: TP1: 5.44 TP2: 6.89 TP3: 10.50 TP4: 14.11 TP5: 16.35 TP6: 23.20 (~500%) TP7: OPEN++ ---------------------- About CRV: Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity. Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020. In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects. Source: coinmarketcap
Long
by V0VOLAN