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
Crvusdt
CRVUSDT Fib resistance arcs 15min I worked on the 15 min to trace out the fib resistance arcs, and retracement levels.
This ascending channel has a strong potential of breakout after a healthy retest as shown below.
Those ascending arcs I have drawn all follow the breakout points on the resistance arcs, and it has been following them quite well now.
I haven't put them here because it's a chaotic mess, instead I just traced out the arcs for you.
RSI seems to be agreeing with me here, and let's hope I am right.
CRVUSDT(Descending Channel Breakout)#CRVSDT (Day chart) Technical Analysis Update
Descending Channel Breakout
CRV/USDT currently trading at $0.70
Long Entry-level: $0.60 TO $0.70
STOP LOSS: below 0.55
Target 1: $0.925
Target 2: $1.20
Target 3: $1.55
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
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CRVUSDT 1H Price analysis Strong support lines coming from previous highs are good support at the moment, and they are forming a wedge with a resistance line.
The next strong resistance is at the 0.788-0.805 level simply looking at previous ATH levels. Pink line indicates this strong resistance at 0.805. This also coincides with the Fibb level (@ 0.809)
I suspect price will go down to about 0.675 next 2-3 days, and also looking at RSI, this seems very likely. Then it will shoot up. And only to hit resistance as mentioned.
CRVUSDT (Falling wedge breakout)#CRVUSDT Technical Analysis Update
Falling Wedge Breakout
CRV/USDT currently trading at $0.73
Long Entry-level: $ 0.70 to 0.74
STOP LOSS: Below 0.550
Resistance level 1(Target 1): $0.86
Resistance level 2(Target 2): $0.95
Resistance level 3(Target 3) : $1.13
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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CRVUSD (Waiting for the trend line Breakout)#CRVUSDT Technical Analysis Update
Waiting for the Trendline Breakout
CRV/USDT currently trading at $0.565
LONG ENTRY: Above $0.605 (Only enter long if 4 h candle close above $0.605)
STOP LOSS: I will update once I see the Breakout
Resistance level 1 (Target 1): $0.700
Resistance level 2 (Target 2) : $0.855
Resistance level 3 (Target 3) : 0.960
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
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