Curve DAO Tokenלונג
CRV DAO Token vs regulatory uncertainty
CRV is one of the OG defi tokens famous for the "Curve Wars" that attracted millions/billions of dollars in TVL during the bull market. Now it is cross-chain and has both L1 and L2 solutions on Avax, OP, Eth, etc. I think it'll do well in any future bull market. The downside is that it fits squarely in the anti-staking narrative which is dominating the news cycle now. Does the phrase "Buy when people are fearful?" apply to crypto?
Bull Scenario
Recently it's bounced off this level a few times, so it's worth looking into a long position anywhere above .85.
A new indicator I like to use: On-Balance Volume (OBV) seems to be ticking upwards, indicating accumulation using more sophisticated or long-term buying methods.
Bear Scenario
If it loses the .85 levels, we could see the buyers from Jan 1 take respectable profits and then this idea is invalidated and we could see a drop back down to Dec lows.
Bull Scenario
Recently it's bounced off this level a few times, so it's worth looking into a long position anywhere above .85.
A new indicator I like to use: On-Balance Volume (OBV) seems to be ticking upwards, indicating accumulation using more sophisticated or long-term buying methods.
Bear Scenario
If it loses the .85 levels, we could see the buyers from Jan 1 take respectable profits and then this idea is invalidated and we could see a drop back down to Dec lows.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.