Today we will take a look at the CRV cryptocurrency
What caught our attention was the fact that CRV buyers were holding the price above the strong mirror level of $0.95-1 during yesterday’s market decline. As we can see from the trading history of CRVUSDT, this zone has often played the role of critical support and resistance levels.
Overall, the price of the CRV cryptocurrency has now made a rather weak correction after the rise since June 2022. This could indicate one of two things: either the correction is not over yet, or CRV owners and buyers are looking to break the trend line and push the price up in the near future.
To cover both assumptions at once, you can place your buy orders in a wide range from $0.82 to $1 and the result can be a nice average price.
An additional fact that Curve Finance has prospects can be indicated by the top of the protocols with placed and locked assets ( TVL )
MakerDAO ~ $8.0 billion,
Lido Finance ~ $6.8 billion,
Curve ~ $5.8 billion
Uniswap ~ $5.6 billion
AAVE ~ $4.7 billion