CRV back to my top 3 - Altseason 2021The next alt season coming in the next 4-6 weeks should be one of the biggest bullrun ever seen, all assets/markets included.
CRV is showing on chart all the potential to do a 4-5x really fast, AGAIN. The last BTC dump gave it the recharge it needed.
We already rode CRV from 0.60$ to 3.00$, selling on the way to the top that was 3.57. 5x in less than 2 months.
It will repeat.
Really not much to say, its all on chart.
Crvusdt
CRV/USDTLooking at the CRV for the week that follows is the vision I'm trying to achieve.
At the moment it is better to wait for a breach of the low cala and a test at the top of it to make a better entry.
The volume is still low, but Weis Waves has just started a new positive wave of volume entry that could lead to the disruption of the bearish channel.
Such a break and the top of that possible break coincide with the interior of the Ichimoki Cloud, which in this case ends up acting as a strong resistance and something that should not be disregarded.
Let's wait for the breakup to be confirmed for the next few days ...
This is a particular idea, whether or not to follow it is everyone's decision.
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.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
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.
---------------------------------------------------------------------------------------------------------------------
✅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.
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
CRV/USD - Are we getting ready to pump? 🚀If you have not noticed, on CRV/BTC pair we have just flipped on the positive side on 12h MACD and we appear ready to pump higher after breaking the diagonal resistance.
On the USD pair here, we're also looking ready to break out with a nice bullish divergence on 4h. However, we need a bit more time to get confirmation on this pair.
Unless the broad market continues to correct, I see CRV aiming to go higher and re-test our resistance in the $3 area.
Entering here presents a good risk reward and buying CRV at $2 is pretty nice after a 50% correction.
Not much to say, once CRV pumps it's going to be fast. Lets see.
Like and follow if you liked this idea! Also join my crypto community to stay in touch and watch my technical analysis videos on YouTube. :)
[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. ***
TRB - following CRV's path to ValhallaTRB - following CRV's path to Valhalla
yup, just a bit more squished compared to CRV's Giraffe pumps. But she should follow suit. Similar with DIA. they should do the same thing. defi was getting pumped as a whole before, they should cool off here, and these smaller minnows will go hard soon after the bigger caps run here (see what ADA just did).
Buckle up. Lets get it.