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Centrifuge/Tether

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CFGUSDT trade ideas

CFG Long Heads up, crypto traders! 🚀 Here’s the scoop on CFG: Currently, CFG is in an accumulation zone with several indicators hinting at a high potential for growth. 📈 We're seeing divergences forming across multiple metrics, especially noticeable in the 5-day chart. This suggests that, in the near future, there might be a significant upward movement. Keep a close watch on this coin as it prepares for a potential rally! 🌟 Stay tuned for updates and make sure your investment strategy is ready to capitalize on these movements! #CryptoAnalysis #CFG#GrowthPotential #TradingStrategy
Long
by baglandir
Centrifuge (CFG): Strong Support with 235% to 518% Potential GroCentrifuge (CFG) is currently positioned at a critical support level, presenting a favorable risk-to-reward setup with significant upside potential. Support Zone (Green): CFG is holding above a strong support area around $0.14–$0.21. This level has previously acted as a key floor for price stabilization and could trigger a bounce if maintained. First Resistance (Red): The first major resistance sits at $0.75, representing a potential 235% gain from current levels. This level has acted as a rejection zone in the past and will be critical to break for further momentum. Second Resistance (Major): The second target is $1.67, a 518% potential upside. This is a significant resistance area, and breaking it could open the doors for CFG to retest its all-time high of $2.58. Conclusion: CFG's technical setup indicates a strong potential for a bullish move if the current support holds. With major resistances ahead, the key will be maintaining the green zone while looking for volume confirmation at breakout points.
Long
by Lamassu_Trade
Centrifuge (CFG): Strong Support with 235% to 518% Potential GroCentrifuge (CFG) is currently positioned at a critical support level, presenting a favorable risk-to-reward setup with significant upside potential. Support Zone (Green): CFG is holding above a strong support area around $0.14–$0.21. This level has previously acted as a key floor for price stabilization and could trigger a bounce if maintained. First Resistance (Red): The first major resistance sits at $0.75, representing a potential 235% gain from current levels. This level has acted as a rejection zone in the past and will be critical to break for further momentum. Second Resistance (Major): The second target is $1.67, a 518% potential upside. This is a significant resistance area, and breaking it could open the doors for CFG to retest its all-time high of $2.58. Conclusion: CFG's technical setup indicates a strong potential for a bullish move if the current support holds. With major resistances ahead, the key will be maintaining the green zone while looking for volume confirmation at breakout points.
Long
by Lamassu_Trade
CFG, last retest before the riseCFG/USDT (Centrifuge) Sector: RWA Market Cap: $260M Centrifuge is a platform for tokenized real-world assets on-chain. The token was launched at the end of 2021. On the chart, we can see that the price of the token fell sharply after its release, probably due to the fact that it was the end of the previous Bull Market. However, we began to consolidate as early as February 2022, for almost 2 years before a first rise and breakout of the range at the end of 2023. We are now testing, for the 3rd time as support, the zone that was a resistance throughout the Bear Market. The price location is therefore rather optimal for starting a DCA if you think that this project is, which has not yet experienced a Bull Market, cam stand out from the other altcoins. We could briefly go below this zone to liquidate and make as many participants quit as possible, so avoid leverage and buy in spot.
Long
by vf_investment
CENTRIUGE - UPDATE - BULLS WILL RETURN It is not often that we et to see a defined chart so when I see one I love it. With a clear definitive invalidation level OKX:CFGUSDT is about to make some double to triple digit gains. I bought some very light bag on Centrifuge prior because I don't have the strong conviction I have now. Now I will be loading more from this current price to withing the orange box. PREVIOUS ANALYSIS OTHER ANALYSIS BINANCE:APEUSDT BINANCE:ARBUSDT BINANCE:ALGOUSDT BINANCE:ADAUSDT BINANCE:PIXELUSDT
Long
by DewyCandles