💡Don't miss the great buy opportunity in CRVUSD". There is a possibility of temporary retracement to the suggested support line (1.788).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CRVUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 2.041
TP2= @ 2.324
TP3= @ 2.849
TP4= @ 3.522
TP5= @ 4.261
SL= Break below S2
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CRVUSD
Is it time for $CRV round 2? $CRV has broken out of the descending triangle after bouncing off of the .382 Fib level. On the daily chart, CRV has bounced off of support in what would be a triple bottom. For the first time $CRV has flipped green on the 3 day MACD. Lately most Defi coins have been on the rise and moving quickly so I expect this to move along with them. CRV has the 2nd highest TVL according to DefiPulse at $9.8 billion locked in. $AAVE has the highest TVL and a marketcap of $4 billion. Compared to $CRV marketcap of $615 million.
CRV/USD - Bullish price action facing its first test! $2.4CRV has done a nice recovery so far, pumping *only* 115% since the bottom on 25 May.
Now we have bullish indicators on daily, with MACD doing a bullish cross on the moving averages + a positive histogram. RSI moving higher as does StochRSI... all things point up.
BUT!
Do you see that resistance at $2.4? That is a nasty one. I'd be surprise for us to move above it without a fight. We could be rejected here this time, then later we can push higher.
If we do go above it and make it support, then we're back in business and the next target is $2.8 and later above $3.
Finally some excitement in the market. I am somewhat bullish for now since if ETH/BTC (my ideas linked below) push above their current resistance levels, all market will be lifted. Lets see.
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CRV/USD - Approaching decision time - pump or dump! 🤣CRV price is running out of room between support and resistance and the range is getting shorter as indicated by the blue triangle.
Sooner or later CRV will need to break out. My bias is we will break above and go towards $4 and then quickly to $5.
The indicators are a bit flat as we've been ranging in this area for some time, however, every time we made a higher low! This is bullish. A clean break on volume above $3.7 should give us a nice boost to reach our higher targets.
The volatility on CRV was quite impressive lately with 20% moves from one day to the other, which provided a great profit potential for swing traders.
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Catch as much as CRV whenever price dropswe already give it a call on the support with targets n we following up ...
( the call post below this article in the related ideas section)
If u r worried about CRV n not sure that it will go to $7 or even higher ... take a look on the chart
using Fibonacci retracement tool, look how CRV is respecting the support ,, it holds great despite the bloody market these days !!!
our targets still the same don't ever worry .. u will be rewarded soon
good luck 👌
CRV:USD LONG for gainsg'day mates. here is my CRV bull thesis for this summer:
flat accumulation for months, hasn't pumped yet like most other coins, has normie eyes on it listed on Coinbase, it is under 5$...everything is there for it to send. right now traders and HODLers are looking for growth and specifically for coins that haven't had their pump yet.
CRV is one of the few listed on coinbase that haven't had a parabolic run this spring yet and CRV fits nicely into the "DEFI" sub-category of crypto which as a sector has seen big upward moves over the last few months.
📣 Volume speaks Volume! **Beginning trader & Technical and Fundamental analyst. Received my trader's education at TRi School of Trader Development. This is not trade or financial advice. DYOR.
I want to be Bull this name. This analysis does not speak for a particular setup, though I suppose there is a continuation trade buried in there somewhere. It speaks more to what I would need to see to convince me that we are going to trend much higher out of this little range we seem to be bouncing around in between $3.50-$2.85. Because after that there is little resistance above that and the sky could be the limit with some effort.
Volume precedes price, and there just isn't convincing evidence that the Bulls have taken over. Noted on the chart is an example of what I would like to see. Also, RSI briefly broke out but fell below support and is now trying to claw its way up through resistance. Put in a double bottom along support above the 50 line and I just may catch a ride on the way up.
I'm going to keep an eye out for some of these things to come to fruition before I go spending my heard money in the market.
My 2 cents. Would like to hear your assessment if you care to share.
BINANCE:CRVUSDT
COINBASE:CRVUSD
CRVUSD ~ A super utility DeFi coin ready to POP!CRV is, I believe, one of the few coins left that you can still make massive gains on, which is also part of the mainstream DeFi ecosystem.
I have no idea why, but CRV is still UNDER ONE BILLION$ MARKET CAP!
For the amount of TLV and usage and cross-chain and liquidity and etc etc etc etc that CRV already has (and has had for quite some time now) - its really confusing how it can still be so low.
It is one of the primary projects in yield and liquidity provision and functions cross-chain.
I think the #1 reason CRV isnt bought up by retail investors yet, and perhaps more institutional, is that the GUI looks like its from 1980.
If they would just get a designer to make an attractive and more user friendly UI/UX, I wouldnt imagine it not being able to reach $15-20 per CRV in a short amount of time.
Anyway, TA time: look at the chart....
1) CRV has not even beaten its previous ATH
2) CRV has only gone about 4-5x since its lows last year; while most coins have 10x or more
3) CRV chart has been consolidating and accumulating in this price range with a tightening wedge
4) These kinds of horizontal wedges are often broken to the downside unless there is macro market buy pressure - however, I'm pretty sure we have macro market buy pressure.....
At most, I would expect us to touch supports below this wedge, and then pop up.
So either way - I have already bought into CRV, and I have buy orders for more set at the price rays in the graph.
CRV is a stakable coin which you can stake solo or pair liquidity with nearly any other coin. check www.curve.fi and pick how you want to get your gainz!
A really incredible project. Hope they work on the user interface/experience a bit more though.
CRVUSD ~ Breakout confirmation on retest of S/R flipWell, looks like my post about CRVUSD yesterday breakout upwards came true.
Looking at the chart, we see a pretty massive increase in volume pushing this over the wedge pattern it was in.
Congrats to those of you who took my post yesterday and bought some - we are already up 10-20%.
We now look at retesting the wedge support line which is the pattern previous highs (lower yellow horizontal ray) at about $3.44
I highly suspect that we will retest the previous resistance, flip it to support (S/R flip) and then go back up to our previous ATH.
At that point, we'll retest that resistance and eventually break through it. Given the accumulation we have done, I think we should break through that previous ATH and go into price exploration from there.
Once again, CRV is one of the few (if any?) primary DeFi chains that is still under $1bn market cap.
You can earn yield by providing liquidity to CRV on its own native platform - curve.fi - and also as a liquidity pair.
curve.fi is used by many other yield platforms including pickle, harvest (the main one I use), reef etc (there are hundreds of yield aggregators and they pretty much all use crv).
The tokenomics of crv are also very good. I would give it an A-rating though not an A+ just quite given that circulation is still low compared to maximum supply.
As always DYOR, but this is a solid project and a gem to be able to pick up at this price before it gains wider retail awareness.