What is CRV up to, guys?! đ„ Where did that super green candle of +8.56% come from in just the past 24 hours? Are the whales pumping again, or is there a big game behind the scenes? đš Itâs currently trading around 0.3806â is this setup worth âchasingâ?
Hereâs my quick take:
* **Reason for the strong surge:** Most likely, capital is rotating to look for opportunities in heavyweight altcoins that havenât pumped much in the recent up-move. Plus news about stabilizing/adjusting the Curve founderâs position, or simply a liquidity âpumpâ when trading volume is spiking sharply.
* **Key resistance/support levels:** The hard support zone Iâm watching is around 0.35â0.36. If price holds here, that would be a good sign for the continuation of the uptrend. For resistance, the next target could be 0.40â0.42. Break above that, and chances are high there will be a test up into the 0.45+ area.
* **Fast action plan:** If youâre holding, consider taking partial profits if you want to protect your gains. If you want to âcatch the bottomâ or do DCA, you can wait for the next retest of the support zone around 0.36â0.37. But rememberâvolume is extremely high, so the price swings will also be big!
Do you guys still hold CRV, or have you already taken profits? Is the âlongâ team or the âshortâ team currently in control in our community? Comment your thoughts belowâand donât forget to Follow me so you donât miss the hottest trades every day! đ
#Altcoins #Binance #CryptoNews $CRV
Hereâs my quick take:
* **Reason for the strong surge:** Most likely, capital is rotating to look for opportunities in heavyweight altcoins that havenât pumped much in the recent up-move. Plus news about stabilizing/adjusting the Curve founderâs position, or simply a liquidity âpumpâ when trading volume is spiking sharply.
* **Key resistance/support levels:** The hard support zone Iâm watching is around 0.35â0.36. If price holds here, that would be a good sign for the continuation of the uptrend. For resistance, the next target could be 0.40â0.42. Break above that, and chances are high there will be a test up into the 0.45+ area.
* **Fast action plan:** If youâre holding, consider taking partial profits if you want to protect your gains. If you want to âcatch the bottomâ or do DCA, you can wait for the next retest of the support zone around 0.36â0.37. But rememberâvolume is extremely high, so the price swings will also be big!
Do you guys still hold CRV, or have you already taken profits? Is the âlongâ team or the âshortâ team currently in control in our community? Comment your thoughts belowâand donât forget to Follow me so you donât miss the hottest trades every day! đ
#Altcoins #Binance #CryptoNews $CRV