CRV is forming a very nice bottom with a confirmed higher low and now testing local resistance.
Once we move with confidence above the local diagonal resistance we are clear to reach our first real resistance at Fib 23.6 or $1.6. This should be your first target.
It is also highly likely that CRV will re-test it's previous top at around $5 to $6, especially in a heated bull market where DEFI is exploding. That is your second target, anything beyond that is anyone's guess - $10, $15 or more (aim for round numbers).
If CRV is to follow on SUSHI's steps, we should expect it to move higher and hit our first and second targets in 2-3 months. Feb - March will look interesting. Likely we reach our first target by Feb and second by March, provided the momentum builds up, similar to Sushi.
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Once we move with confidence above the local diagonal resistance we are clear to reach our first real resistance at Fib 23.6 or $1.6. This should be your first target.
It is also highly likely that CRV will re-test it's previous top at around $5 to $6, especially in a heated bull market where DEFI is exploding. That is your second target, anything beyond that is anyone's guess - $10, $15 or more (aim for round numbers).
If CRV is to follow on SUSHI's steps, we should expect it to move higher and hit our first and second targets in 2-3 months. Feb - March will look interesting. Likely we reach our first target by Feb and second by March, provided the momentum builds up, similar to Sushi.
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Likes and follows appreciated! 🚀