CRV 12h. There is growth potential by 250%, but ...For the second month now, the Curve finance token price has been in a strong downtrend .
In September, the TVL project volume reached over a billion dollars . Curve finance has often been in the top 3 DeFi projects.
Now buyers have managed to reverse the downward trend by testing the first mark $0.67.
Despite the fact that now all attention is focused on BTC , this token reacts quite strongly to positive news. However, the general short sentiment in the crypto market does not give the CRV a free price flight up.
At the moment the CRV price is moving towards the level $0.382 , where the further future will be decided. The price will probably stop at this level and consolidation will begin.
We will watch this battle together with you. For now, we are forecasting two options of price movement.
Buyers' victory will give the green light for the price growth to $0.91. And that is 250% growth!
Another option provides for a continuation of the fall to $0.216 , which is -40% of the likely consolidation level.
As we can see, this token can give a good income if you follow it.
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Curvefinance
CRVBTC MIGHT GIVE 2X EASILYHere comes curve finance, CRV.
This defi token that has been over-selling for 41 days.
The daily rsi almost, constantly remained below the level of 30 in extreme sales for so long.
This over-selling and the almost inability to raise its head can create a nice bearish correction wave.
In my opinion, it is one of the easiest projects that can do 2x.
Although it is confusing that the owner of the coin has been making brutal sales for this long, it is also useful to know that it has dropped that much thanks to these brutal sales.
On the other hand, the coin market cap value of this token is $ 59 million, while other projects of close size (in terms of the total value of locked assets on the platform) are about $ 500 million, allowing this project to rise faster. If it falls 50%, there will be a market cap value of 29 million, which would be very funny. Let's see if this crazy CRV owner made these sales to raise funds or let's see if he's high.
CRV MIGHT GIVE 2X EASILYHere comes curve finance, CRV.
This defi token that has been over-selling for 41 days.
The daily rsi almost, constantly remained below the level of 30 in extreme sales for so long.
This over-selling and the almost inability to raise its head can create a nice bearish correction wave.
In my opinion, it is one of the easiest projects that can do 2x.
Although it is confusing that the owner of the coin has been making brutal sales for this long, it is also useful to know that it has dropped that much thanks to these brutal sales.
On the other hand, the coin market cap value of this token is $ 59 million, while other projects of close size (in terms of the total value of locked assets on the platform) are about $ 500 million, allowing this project to rise faster. If it falls 50%, there will be a market cap value of 29 million, which would be very funny. Let's see if this crazy CRV owner made these sales to raise funds or let's see if he's high.
Curve Finance Price Prediction: CRV DeFi Dominance Surges
Curve Finance total value of funds locked rise by more than 33% in the last 24 hours to $1
26 billion.
CRV/USD awaits a technical breakdown to $1.0, especially if the triangle support caves in.
Curve Finance (CRV) is currently the third-largest decentralized finance (DeFi) token in the cryptocurrency industry by the amount of funds locked in the network. Interestingly, the last 24 hours were particularly yielding for CRV as it added over 33% to the total value of locked funds. At the moment, investors have locked $1.26 billion in the project. CRV trails Aave, which currently has $1.32 billion in locked funds. UniSwap has continued to hit new highs with the value locked rising to $1.94 billion, hence holding tightly in the first spot.
Despite the attention Curve Finance is getting in terms of uptake in the decentralized ecosystem, the token's value has continued to dwindle. CRV commenced trading on Binance mid-August. Following the support on the largest cryptocurrency exchange in the world, the token rallied to $25. Unfortunately, the spike to all-time highs was short-lived, with CRV embarking on a gains-trimming exercise.
The downtrend has been unstoppable as various support levels have been rendered unhelpful. CRV tested levels below $2.0 while the upside is limited under a descending trendline. At the time of writing, CRV is doddering at $1.34 amid a bearish building trend.
The 21 Simple Moving Average caps the token’s immediate upside. Curve Finance is also trading within a descending triangle, commonly interpreted as a continuation pattern in technical analysis. They signal that an asset is bound to continue with the previous trend (in this case, downtrend) on breaking a certain level (triangle support). Therefore, if CRV extends the leg below the triangle support, there is a chance the price will test the $1.0 level before recovery comes into the picture.
All technical indicators illustrate a growing bearish momentum, including the Relative Strength Index. The 21 SMA is also under the 50 SMA, somehow suggesting bears will remain in control a while longer.
Curve Finance Intraday Levels
Spot rate: $1.34
Relative change: -0.017
Percentage change: -1.4%
Trend: Bearish
Volatility: Expanding



