CRV triangle breakout 📐Curve broke up this triangle and I think there is chance for run to 7.55 and even higher. Setting BUY LIMIT order to catch the pullback. CRV come on!
ENTRY : local high @ 4.091
STOPLOSS (SL) : local low @ 3.705
TARGETS (TP) : TP1 - resistance @ 5.3 | TP2 - resistance @ 6.7 | TP3 - height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 7.55
RRR : TP1 - 3.1 | TP2 - 6.7 | TP3 - 9
INVALIDATION : when SL level hit
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S-curve
CRV/USD - DEFI Powerhouse defies the market! When $10?CRV is the de-facto DEFI king. The price action shows it, but before the TA, here are some fundamentals.
FUNDAMENTALS:
With over $20 billion locked in Curve finance, this is the largest DEFI token on ETH network by total value locked.
Proof: defillama.com
The second largest DEFI token is also based on CRV... called CVX... at $19 billion. That is over $40 billion in value locked on Curve platform. You are bullish on CRV right?
What CVX does, is to stack on as many CRV as possible to boost their own CRV liquidity pools for additional rewards and APY. If you lock CRV for 4 years, you get 2.5x boost on your rewards. Basically different actors compete on who owns the most CRV to move rewards in their favor via CRV governance.
How does this impact CRV token price?
As CRV is locked for 1-2-3-4 years to boost rewards, there is less CRV circulating around for buyers that have a very REAL incentive to BUY CRV to move rewards in their favor via governance.
Bottom line, CRV goes up. A majority of CRV tokens in circulation are already locked for 4 years!
CRV has very strong fundamentals to push its price HIGHER. Crypto and DEFI whales are nose deep into CRV due to the consistent rewards. The $40 bil locked on Curve proves it. Plus Curve has excellent AMM features for stablecoins and alts.
TA:
The current price is at the highest level since August 2020... A price over $5 is already a huge achievement, but this is likely to go much higher still.
On larger timeframes like 3D presented here, CRV remains very bullish and this last 3D candle appears to show a successful re-test of the $5 level as support after being resistance twice in the past!
If CRV closes this candle above $5 and it continues up, then CRV can rally much higher still.
MACD is bullish and volume remains good. CRV should be a great performer as this price action since July seems to be Wave 3 in a large impulse wave pattern going up.
A price of $10 does not seem impossible and is less than a doubling in price at this time. Then a new correction should follow.
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CRVUSDT Weekly TA : 12.28.21 : $CRV🔵 Personal Opinion : HODL : #Requested_Analysis
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
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👤 Arman Shaban : @ArmanShabanTrading
📅 28.DEC.2021
⚠️(DYOR)
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#Curve (#CRV) back on track for higher prices?Curve (CRV) back on track for higher prices?
The MA Ribbon on daily chart is bullish again - a quite respected support / resistance in the past.
By the way... look at the beautiful bounce at the volume support (green cycle).
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*no financial advice
do your own research before investing
CurveCRV is down around 50% in the last weeks and now is at diagonal, horizontal and 21 weekly EMA support level. On the lower timeframe, we see a double bottom with bullish RSI divergence.
TP1 near the BRN $4.
TP2 would be the resistance zone around $6.
If the support doesn’t hold, the idea is invalidated therefore the SL is around $3.17.
_.-CRV-._Located in an ascending triangle
One line has a 7-month support trend...
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More than $ 9 billion is locked in Defi, and Curve Finance is the third largest cryptocurrency among Defi cryptocurrencies.
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If you have any questions, you can write it in comments below, and I will answer them
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CRVHi traders!
Curve is supernice fundamental coin, but price is very choppy 😖
What i see on the chart:
-Price brake out bullish upside channel(green) 📈
-Price made a correction within a corrective channel(red) 📉
-Price bounce on the crosspoint of this 2 channels 👀
Possible target - 3d touch (grey dotted line)
NFA
Trade safe and with strict MM🤓
₿ CRVUSDT 1W ₿ : 29.Nov.2021 (CRV)This is a Chart review and The possible trend of #CRV . Everything is Clear on the Chart , but just in case if you had any question , Please Ask ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 29.Nov.2021
⚠️(DYOR)
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CRV - keep this one on your watchlist!If BTC continues upwards or sideways CRV could explode soon.
Great bounce from weekly support, breakout from bullish flag, retest of upper boundary of pattern and now crating support at 4.8$.
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.
As targets I marked 5.9$ which is first to watch for, next is 6,8$ which is highest daily close ever and last one at 23.2$ as ATH from day one pump.
Support zones are marked on chart.
CRVUSD to $15-$36break of top + consolidation above 1st top + upward channel trend
give me one reason why curve should fall other then if BTC falls because it cant break 65k on the weekly
first hard price is $15 after that is $36
buy CRV and shove it into CVXCRV on Convex.fi start making %60 + the movement of curve
CRV - BullishGiving you a look at the 5 day to show you how bullish is CRV. Making new highs and potentially closing outside the Bollinger bands on the 5-day. That implies continuation on the upside. This puppy is correcting after making recent all time highs which also means... ta da.... we soon be back in dat PRICE DISCOVERY. If you like De-Fi, you should own CRV. Not telling you what to do, just what I am thinking. Thx for listening! Happy Turkey Day! :-)
CRV Expecting 20% to 30% Gains in this week. $7 Price TargetCRV Expecting 20% to 30% Gains in this week. For every ~10% pullback, it is gaining ~20 to 30%. In this month this pattern was repeated 2 times in a row. This might hit $7 in this week. Dont Panic. Long run my PT is $20.
Note: Not financial advice.
CRV/USD - Path to $10... very strong price action! 😎CRV has recovered all the losses from the most recent market correction and is set to push much higher, now sitting at over $5 at the time of this post.
This is a sign of strength and massive demand for this coin. As the market leader in Decentralized Finance for Stablecoins... CRV is set to dominate.
Indicators have turned bullish with DAILY MACD doing a bullish cross... volume exploded... bias is very bullish.
I expect a very beautiful rally from CRV in the future. A price around $10 is very likely and possibly even beyond that.
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