CRVUSDT 3D CRV buy zone before a potentially good move up

7 בספט׳ 2022

Today we will consider the trading pair CRVUSDT
Our attention was drawn to the fact that CRV buyers held the price above the strong mirror level of $0.95-1 during yesterday's market decline. As we can see from the history of CRVUSDT trading, this zone often played the role of critical support and resistance levels.

In general, currently, the CRVUSD price made a rather weak correction after the growth since June 2022. This may indicate one of two things: either the correction is not over yet, or CRV holders and buyers are aiming to break through the trend line and push the price higher in the near future.
To cover both assumptions at once, you can place buy orders in a wide range of $0.82-1 and the result can be a tasty average price.

An additional fact that there are prospects in the Curve Finance can be evidenced by the top of protocols with assets placed and locked in them (TVL)
1. MakerDAO ~ 8.0bn,
2. Lido Finance ~ 6.8bn,
3. Curve ~ 5.8bn
4. Uniswap ~ 5.6bn
5. AAVE ~ 4.7bn
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