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Crvbtc

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. Like and follow if you liked my idea!
Long
by DU09
2
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. Like and follow if you liked my idea!
Long
by DU09
2
CRVBTCCRVBTC looking healthy bullish here retesting previous highs that have been rejected 3 or 4times and looking like a successful s/r flip here the fib extensions match the listing selloffs very nicely giving me confidence in the probable future tps volumes not massive compared to other runs yet but the crypto landscape is looking incredibly bullish and all i see is crv being intergrated left and right so im assuming the early fud is probably much less of a thing and this bluechipdefi is gonna be healthy bullish for the forseable future expecting another round of fireworks later in november to really kick of this q4 run :)
by olliecoughland