J-curve
CRVUSD: $6 Soon?!CRVUSD appears to be in the final innings of a cup & handle pattern formation, which suggests that CRVUSD could move to ~$6 in the not so distant future. For this to happen, CRVUSD needs to continue to respect the upward support of the handle and move through $3.50 resistance. That's no small task, but certainly within the realm of possibilities when considering the current trend in the 14-day RSI and how tight the Bollinger bands are getting.
As always, BTC dictates the broader macro trend for the alts. A CRVUSD break out implies that BTCUSD doesn't enter into a downward correction over the next few weeks.
PayPal to Buy Curv Crypto Custody Firm- new high(again) maybe.maybe it can retest the support zone and buy from there.
green- support rejection
black-stop loss breakdown.
no Take profit cause we going andromeda .
not a finnancial advice just bananas . ktnxbye
a bit of a old news but maybe still a factor .
crv usdt looks bullish fantastic buy opportunityLook at CRV ysdt chart 4H chart its sqeezing between these 2 trendlines I believe at 2.00 USD is fantastic buy opportunity 2.00 first is round number and psyhologival level
many many traders put orders with round nuumbers maybe only because they lazy put multiple numbers and for sake of simplicity, then we have fibonacci line very close plus trend line if it breaks upper trendline be ready for big profits 3.00 easy with futures trading 10X its 300% profit!!! This is insane thats why I like crypto with forex you wait years for pair price to increase by 30% with crypto it can happen in days. And technical analysis works exactly same i have feeling even better as in forex. In forex is too many manipulatons but in crypto with smaller coins I have feeling its less manipulated. Odds are very decent for this long. Put SL around 1.9 area
CRV 12h CRVUSDT growth up to $6 is possible if...Yesterday, in the digest "Bitcoin weekend" №11 , you actively voted for CRVUSDT, so whoever did not have time yet, vote for your favorite trading pair, and we will analyze it.
Now, please, for your attention the global analysis of CRV
Let's start with the fact that the previous idea worked exactly and completely. After CRVUSD dropped to the liquid zone, where there was a pre-trade before the growth.
The price moved down in a wedge and is now close to an upward breakout, although the stop should be placed below $1.50 , there is still some room in the wedge for movement.
The first target is above $3, it will show what mood in buyers is, and in general what kind of situation will dominate the crypto market in general.
The mega positive scenario for CRVUSDT is another wave of growth with maximum targets in the region of $5.75-6.30
The negative scenario will activate if we see the weakness of buyers at first around $3, and then if the weakness is confirmed in the liquid zone of $1.80-2.20. In this case, a fall to $0.9 cannot be avoided.
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a Possible noticeable increase in curve. crvusdt Analysis:🌟What is CRV🌟?
CRV is the governance token for Curve.
CRV is used for
1.Voting
2.Locking up to earn voting power and more tokens.
What is Curve?
Curve is a decentralized exchange for stablecoins made up of liquidity pools.
CRV Tokenomics
The Curve DAO is a fork of Aragon voting with a couple of added features like time-weighted voting.
You earn CRV by providing liquidity to any of the pools on Curve.
✅3 reasons why the price of Curve DAO Token (CRV) can grow more than 1000% in future:
Crypto friendly regulations, rising user activity and a recent collaboration with Yearn finance back Curve DAO Token’s recent triple-digit rally.
Over the past two mounths the entire DeFi sector has been in a strong uptrend and many of the top market cap tokens rallied by double and triple-digits. or more..
👉1.Yearn.finance collaboration
The noticeable uptick in trading volume for CRV began on Jan. 14 after Yearn.finance creator, Andre Cronje, tweeted a gif that read:
“Curve.fi presents, in collaboration with Yearn.Finance, permissionless pool creation. Stablecoin pools in 3 clicks. Crv.finance.”
👉2.Crypto friendly regulation creates opportunity for Curve
A second reason CRV has more than tripled since the beginning of 2021 relates to the recent stablecoin announcement from the United States Office of the Comptroller of the Currency.
👉3.Increasing user activity and total value locked boost fundamentals
A key factor in the success of any cryptocurrency project is the engagement of its community. For CRV, this is represented by metrics such as total value locked (TVL) on the platform and the volume of transactions per day.
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✅TECHNICAL ANALYSIS
As we can see in the logarithmic chart above, The current price you see in the weekly timeframe may form a hammer candle that indicates an uptrend. It should fluctuate around $ 2-3 and be in a range area .
although we haven't much data about the past of this currency but with Strong and at the same time with favorable conditions, the support with the support that you see in the green box and towards the goals with yellow, orange and red, respectively, the price targets of $ 6 and $ 23, and then even up to $ 200 or even more with a long-term vision in the future. Grow and although everything depends on the whole conditions of the crypto market.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
[230%] (LONG) CRV / USDTAnalysis :
- Hidden bullish divergence
- On the Kumo
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.
In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.
Optimistic projection for the 4H scenario in CRVUSDTTechnical analysis regarding the price of CURVE DAO TOKEN in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Exponential Moving Averages of 34 and 89 periods taking parallel distance and 34 periods guiding the price at the moment.
RSI <50 but gaining strength
Financial volume may gain momentum and also the MACD with buying mass driving the price.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***