Boooooom 💣💣💣 as I told you ⬇️ I achieved a coin of $CRV the near target at $0.36 and there are two targets left: (the medium and the far) 🚀🚀🤴🥇
Post
--Bullish
DAB3_1997
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BullishCRV (Curve DAO Token) coin price achieved a notable and significant increase, exceeding +11%, reaching 0.3391 USDT (with a daily high recorded at 0.3537$).
First: Reasons behind the CRV price surge
Quality rating:
The CRV coin received an excellent AA quality rating under the modern rating system issued by DefiLlama and Forgd, placing the coin among the safest and highest-quality projects in the DeFi sector (alongside major coins such as Uniswap). This rating boosted investor and institutional confidence and redirected liquidity toward the coin.
Rising returns and locking operations (veCRV Staking):
Growing protocol activity and higher interest/return rates (APY) in Curve Finance liquidity pools encouraged traders to lock their assets for longer periods, leading to a shortage of available supply for sale in the market.
Technical breakout:
The coin succeeded in breaking above major moving averages (MA7, MA25, and MA99) on the 4-hour timeframe and the previous horizontal resistance levels around $0.30 - $0.31, with high trading volume. This activated automatic buy orders and liquidated short positions.
Second: Where could it go?
Based on the current price movement on the chart and the strong volatility observed:
First resistance (near-term target): $0.3537 – $0.3614. Breaking this level pushes the price toward the next station.
Second resistance (mid-term target): $0.4200 – $0.4400
Extended targets (if the DeFi market sentiment remains positive): $0.5000+
#defi #crv #uniswap #Binance
First: Reasons behind the CRV price surge
Quality rating:
The CRV coin received an excellent AA quality rating under the modern rating system issued by DefiLlama and Forgd, placing the coin among the safest and highest-quality projects in the DeFi sector (alongside major coins such as Uniswap). This rating boosted investor and institutional confidence and redirected liquidity toward the coin.
Rising returns and locking operations (veCRV Staking):
Growing protocol activity and higher interest/return rates (APY) in Curve Finance liquidity pools encouraged traders to lock their assets for longer periods, leading to a shortage of available supply for sale in the market.
Technical breakout:
The coin succeeded in breaking above major moving averages (MA7, MA25, and MA99) on the 4-hour timeframe and the previous horizontal resistance levels around $0.30 - $0.31, with high trading volume. This activated automatic buy orders and liquidated short positions.
Second: Where could it go?
Based on the current price movement on the chart and the strong volatility observed:
First resistance (near-term target): $0.3537 – $0.3614. Breaking this level pushes the price toward the next station.
Second resistance (mid-term target): $0.4200 – $0.4400
Extended targets (if the DeFi market sentiment remains positive): $0.5000+
#defi #crv #uniswap #Binance