alpharithms

CRV Update: Falling Towards First Short-Term Buy Zones

FTX:CRVUSD   Curve DAO Token / USD
Curve Finance ($CRV) has been discussed as a focal asset among many popular DeFi 2.0 protocols. Convex, most notably, has amassed a large relative percentage of outstanding CRV governance tokens.

After a sustained multi-week upward trend, CRV has climaxed and, correlating strongly to a downward movement with BTC , has seen bleeding of market cap recently.

Areas near the $3.50 and $3.35 mark reflect support on a yearly timeline and maybe lucrative buy points.

As always, the market watches BTC .
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.