Curve DAO Token (CRVUSD) broke above the 1D MA50 (blue trend-line) for the first time since July 30, with the 1D MACD breaking above the 0.00 neutral mark. The long-term pattern is a Channel Down since the February 21 High, which hit the November 22 2022 market bottom on its last Lower Low (September 13 2023). Every 1D candle closing above the 1D MA50 following a...
CRV price action indicates a positive reversal in a bearish channel. Strong overhead resistance at the $0.60 mark. If CRV sustains above the 50-day EMA, it could rise to $0.70. CRV is trading at a 99.16% discount from its all-time high of $60.50. Short-term trend for CRV shows signs of improvement. CRV price reversed from the $0.40 mark. Current price surpasses...
Currently there is news going around CRV founder sold tokens, while having an handshake otc agreement with other buyers. These buyers seem to be off loading as price is now near there otc purchase price. Retail is all over this news. Excessive shorts have been entered giving exchanges and market makers a perfect setup for a short squeeze.
Curve DAO may have finished an Elliott Wave cycle, with a possible completion of Wave 5 (black) / Wave C (blue). Price action is still not convincing to the upside, but I´m watching smaller timeframes for a reversal. There is also bullish RSI divergence on the daily. This scenario invalidates below 0.4011.
CRVUSD Bearish Zone : 0.75589457 SL : 0.78440064 TP : 0.65969132 BE : 0.74715269
We have a mixture of interesting signals here on the Curve (CRVUSD) chart... Join me! Yesterday we had a nice jump with a full green candle that managed to close above EMA50, opening the doors for mid-term bullish potential. This is supported by above average volume and a strong RSI. At the same time we can see a local descending channel being broken; a...
The primary count worked out beautifully, and green wave 4 finished in the confluence of green resistance and 50% pullback. Now, green wave V seems to be finished, which corresponds to blue wave 3. I expect blue wave 5 to the downside to begin very soon.
View On CRVUSDT (16 June 2023) CRVUSD is in * Bearish in short term (Intraweek) * Bullish in Mid term (1 to 3 months) * Bullish in Long term (3 months onward) CRV has been under the bearish control for a while and it touched near a strong support 0.5~0.55 region. The volume traded is rather hugh too. Now we may see some rebound. It shall easily swing back UP...
Price action that began mid-November has an impulsive look, which leads me to consider that the drop from the last 3 months is a zig-zag correction (black ABC). Zig-zags have 100% extensions as high probability targets, which would take us down to at least 0.6267. My primary wave count considers that re are currently in the middle of light blue wave 3, and...
There has been a strong bullish trend for crypto during the first part of the year - this can be analyzed as a typical elliott wave impulsive move. This more recent counter trend looks like an ABC correction - perhaps a higher degree wave 2. The completion of this visible gartley harmonic could indicate a good entry into a strong impulsive move, especially if...
CRVUSD is not currently following any trend showing the market is currently moving in sideways direction. Support and Resistance concept comes into play in such scenarios. As Support and Resistance are meant to be broken so I have placed Sell Stop and Buy Stop orders at the breakout of support and resistance levels respectively. Sometimes, market crosses first...
View On CRV/USD (28 Feb 2023) Follow our analysis on CRV on the last Nov? 24 Nov to be precise. Our bullish stance on this crypto worked pretty well. It went from $0.55 range to $1 Now we are still bullish overall using $0.90 as strong support region. It shall retest $1.25 or even higher this time. DYODD, all the best and read the disclaimer too. Feel...
history rhymes, everyone scared, silly doomers, bad boomers...
A 10x in market cap wouldn’t even put it into the top 10, still behind meme coins
CRVUSD is a Crypto coin and it is showing a Bullish Trend with HHs and HLs . It is expected that this trend will continue further.
The CRV currency is ready for a big jump Targets $10, $30, and $50 It is a very interesting currency to hold
CRV is one of the OG defi tokens famous for the "Curve Wars" that attracted millions/billions of dollars in TVL during the bull market. Now it is cross-chain and has both L1 and L2 solutions on Avax, OP, Eth, etc. I think it'll do well in any future bull market. The downside is that it fits squarely in the anti-staking narrative which is dominating the news cycle...