Curvefinance
CRV | Great Chart Pattern - S/RCRV made a great chart pattern in 15m timeframes. I think it goes like the path I've drawn.
There are multiple support/resistance areas as you can see in the chart with horizontal lines.
I think it'll be a great entry point to make %16 profit in the coming days.
How do you think?
CRV 12h CRVUSDT growth up to $6 is possible if...Yesterday, in the digest "Bitcoin weekend" №11 , you actively voted for CRVUSDT, so whoever did not have time yet, vote for your favorite trading pair, and we will analyze it.
Now, please, for your attention the global analysis of CRV
Let's start with the fact that the previous idea worked exactly and completely. After CRVUSD dropped to the liquid zone, where there was a pre-trade before the growth.
The price moved down in a wedge and is now close to an upward breakout, although the stop should be placed below $1.50 , there is still some room in the wedge for movement.
The first target is above $3, it will show what mood in buyers is, and in general what kind of situation will dominate the crypto market in general.
The mega positive scenario for CRVUSDT is another wave of growth with maximum targets in the region of $5.75-6.30
The negative scenario will activate if we see the weakness of buyers at first around $3, and then if the weakness is confirmed in the liquid zone of $1.80-2.20. In this case, a fall to $0.9 cannot be avoided.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
CRV - 4h. The critical range $1.69-1.77The strong wave of growth that began on January 11 in the CRV market began to slow down. The main problem of growth inhibition was the range of $1.69-1.77.
As you can see in the chart on January 17, buyers failed to break this range, even on high volumes . Only after the correction and even high volumes, the price of CRV was fixed above the range of $1.69-1.77.
However, the price growth channel has changed. Trading volumes decreased . Now sellers are again trying to test this range. Buyers look quite confident and the current consolidation is more like increasing the position of buyers to continue to grow.
Therefore, in the short term we expect a repeat test of $2.25-2.35.
However, global CRV targets are higher . Where? See our global idea:
https: //www.tradingview.com/chart/CRVUSDT/mE2XspE6-CRV-12h-Harmonious-growth-needs-short-term-rollback/
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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Curve (CRV) Next Pump Target is $2.50So long as this alt cycle remains bullish and unbroken by a Bitcoin correction, another CRV pump is highly likely, this time to $2.50.
$2.50 - $2.60 is a key level - it is both previous support from when CRV initially launched and fell from its overvaluation of $10+, and the next Fibonacci line.
Fibonacci lines are a very strong technical tool when used on new assets, like CRV, that have very little price history. Most traders will simultaneously use them to decide where to buy and sell, creating dependable, self-fulfilling support and resistance.
After its latest pump, CRV is cooling off and will likely see a phase of low-volume consolidation within these fib lines. Some are taking profits late, some are cutting losses after chasing the pump and buying the top, while smart money that took profits will be re-accumulating towards the 0.618 and 0.5 fib lines.
CRV 12h Harmonious growth needs short-term rollbackFor two months we did not update the CRVUSDT idea. It was a period of a long coin consolidation.
And now it's time to work out targets from the previous idea.
Growth in the CRVUSD pair looks natural and harmonious, because after a long consolidation, buyers began to drive the price up, without any artificial and intriguing news.
Now the CRV price has approached the liquidity zone, in which there was a hitch in September, before moving further behind the trend.
Therefore, even now we think that it's impossible to pass this zone up for the first time.
In order to gain strength for further upward movement, buyers need to retreat a little and let the price rollback.
It is likely that the next upward attack will begin after a rollback to the level $1.05.
The next target from above is the level $2.20.
In case of strong bullish sentiment, this is the level of $3.90.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
CRV - CURVE FINANCE - stable coin swap liquidity pool for banks?www.coingecko.com
Its up there on volume. Has apparently good swap costs compared to the other big guys.
The question is in the title, will banks eventually use these stable coin swap liquidity pools in their back end capital movements?
Eventually they will be running with and/or on crypto networks, public and private, using stable coins in exciting new financial instruments... so maybe they will use these tools. IF so, and this one remains secure, it could rebound. HARD.
This one is right at the top of the "FROM ATH" list in the >10M market cap list.
>50x sound nice?
Yeh
CRV 4h Will 250% growth happen again?Less than a month has passed since the previous CRV idea was published.
The growth potential by 250% has been fully worked out! Take profit at the level $0.91 has been clearly achieved.
Now we expect the price lowering to $0.486-0.546.
It is in this zone, in our opinion, that the CRV future will be decided in the coming weeks.
In case of capitalization flowing from BTC to altcoins, CRV may grow again by 250% to the level $1.28-1.30.
A negative scenario is a price decline, first to the base level $0.33
with a possible extension of the fall and the bottom renewal at $0.216.
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Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
CRV 12h. There is growth potential by 250%, but ...For the second month now, the Curve finance token price has been in a strong downtrend .
In September, the TVL project volume reached over a billion dollars . Curve finance has often been in the top 3 DeFi projects.
Now buyers have managed to reverse the downward trend by testing the first mark $0.67.
Despite the fact that now all attention is focused on BTC , this token reacts quite strongly to positive news. However, the general short sentiment in the crypto market does not give the CRV a free price flight up.
At the moment the CRV price is moving towards the level $0.382 , where the further future will be decided. The price will probably stop at this level and consolidation will begin.
We will watch this battle together with you. For now, we are forecasting two options of price movement.
Buyers' victory will give the green light for the price growth to $0.91. And that is 250% growth!
Another option provides for a continuation of the fall to $0.216 , which is -40% of the likely consolidation level.
As we can see, this token can give a good income if you follow it.
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CRVBTC MIGHT GIVE 2X EASILYHere comes curve finance, CRV.
This defi token that has been over-selling for 41 days.
The daily rsi almost, constantly remained below the level of 30 in extreme sales for so long.
This over-selling and the almost inability to raise its head can create a nice bearish correction wave.
In my opinion, it is one of the easiest projects that can do 2x.
Although it is confusing that the owner of the coin has been making brutal sales for this long, it is also useful to know that it has dropped that much thanks to these brutal sales.
On the other hand, the coin market cap value of this token is $ 59 million, while other projects of close size (in terms of the total value of locked assets on the platform) are about $ 500 million, allowing this project to rise faster. If it falls 50%, there will be a market cap value of 29 million, which would be very funny. Let's see if this crazy CRV owner made these sales to raise funds or let's see if he's high.
CRV MIGHT GIVE 2X EASILYHere comes curve finance, CRV.
This defi token that has been over-selling for 41 days.
The daily rsi almost, constantly remained below the level of 30 in extreme sales for so long.
This over-selling and the almost inability to raise its head can create a nice bearish correction wave.
In my opinion, it is one of the easiest projects that can do 2x.
Although it is confusing that the owner of the coin has been making brutal sales for this long, it is also useful to know that it has dropped that much thanks to these brutal sales.
On the other hand, the coin market cap value of this token is $ 59 million, while other projects of close size (in terms of the total value of locked assets on the platform) are about $ 500 million, allowing this project to rise faster. If it falls 50%, there will be a market cap value of 29 million, which would be very funny. Let's see if this crazy CRV owner made these sales to raise funds or let's see if he's high.
Curve Finance Price Prediction: CRV DeFi Dominance Surges
Curve Finance total value of funds locked rise by more than 33% in the last 24 hours to $1
26 billion.
CRV/USD awaits a technical breakdown to $1.0, especially if the triangle support caves in.
Curve Finance (CRV) is currently the third-largest decentralized finance (DeFi) token in the cryptocurrency industry by the amount of funds locked in the network. Interestingly, the last 24 hours were particularly yielding for CRV as it added over 33% to the total value of locked funds. At the moment, investors have locked $1.26 billion in the project. CRV trails Aave, which currently has $1.32 billion in locked funds. UniSwap has continued to hit new highs with the value locked rising to $1.94 billion, hence holding tightly in the first spot.
Despite the attention Curve Finance is getting in terms of uptake in the decentralized ecosystem, the token's value has continued to dwindle. CRV commenced trading on Binance mid-August. Following the support on the largest cryptocurrency exchange in the world, the token rallied to $25. Unfortunately, the spike to all-time highs was short-lived, with CRV embarking on a gains-trimming exercise.
The downtrend has been unstoppable as various support levels have been rendered unhelpful. CRV tested levels below $2.0 while the upside is limited under a descending trendline. At the time of writing, CRV is doddering at $1.34 amid a bearish building trend.
The 21 Simple Moving Average caps the token’s immediate upside. Curve Finance is also trading within a descending triangle, commonly interpreted as a continuation pattern in technical analysis. They signal that an asset is bound to continue with the previous trend (in this case, downtrend) on breaking a certain level (triangle support). Therefore, if CRV extends the leg below the triangle support, there is a chance the price will test the $1.0 level before recovery comes into the picture.
All technical indicators illustrate a growing bearish momentum, including the Relative Strength Index. The 21 SMA is also under the 50 SMA, somehow suggesting bears will remain in control a while longer.
Curve Finance Intraday Levels
Spot rate: $1.34
Relative change: -0.017
Percentage change: -1.4%
Trend: Bearish
Volatility: Expanding