STOCKS TELEGRAPH

Tag: Curve Dao

  • Ethereum (ETH) decoupling and Highest Movers

    Ethereum (ETH) decoupling and Highest Movers

    Top Gainers

    Lido DAO

    Lido is a staking platform for Ethereum. LIDO has gained a lot in the past 7 days and we have seen that the price has increased by more than 100% in the past (precisely 136%). At the time of writing, LIDO is being traded at the price of almost $1.45. In the past 24 hours, we have seen the price drop by almost 12%.

    Ethereum Classic (ETC)

    The classic version of Ethereum is Ethereum Classic which was the original fork of Ethereum. With Ethereum leading the market no wonder ETC is also pumped. In the past 7 days, the price has increased by almost 80%. In the past 24 hours too, the price has shown a movement of almost 10% in green and now stands at the price of almost $25.50

    Matic (MATIC)

    The first well-organized, user-friendly platform for Ethereum scaling and infrastructure development is called Polygon (formerly known as Matic Network). With Ethereum (ETH) gaining a lot and decoupling from BTC, we have seen the Ethereum scaling solutions jump too. In the past 24 hours, the price of Matic has increased by 0.73% and in the past 7 days, the price has increased by almost 57%.

    Arweave (AR)

    It is a storage platform that aims to make its name in this field. In the past 7 days, AR has been one of the top gainers in the top 100 cryptocurrencies. It has gained almost 45% in the past week. It now stands at the price of almost $15.85.

    Ethereum (ETH)

    The coin that has decoupled itself makes so many coins rally. Ethereum has performed massively amazing in the past 7 days and we have seen the price touch the mark of $1,538. In a single week, the price has increased by almost 43%.

    Curve Dao (CRV)

    With the market showing a relief rally, CRV has also shown a bullish movement upwards. In the past 7 days, CRV has increased in price by almost 41%. At the time of writing, CTRV stands at the price of almost $1.26. Today, the price has lost only about 0.50% of its value.

    Top Losers

    USTC

    The decentralized coin of the Terra network that is now part of the Luna Classic is USTC. At one point, the price of USTC was pegged at $1 but now, the price has dropped to almost $0.04264. In the past week, among the top 100 cryptocurrencies, USTC is the highest loser and has lost almost 3.52%.

    UNUS SED LEO

    It is the native coin for Bitfinex exchange and has a number of uses on the platform. In the past 24 hours, the price has decreased by almost 2.47% and now stands at the price of almost $5.22. It is the second highest loser in the top 100 cryptocurrencies.

  • Curve Dao (CRV) – Will the Structure Stay Intact?

    At the time of writing, the price of CRV is about $2.71, up 8.68 percent in a single day, and the rest of the market is also up. It is now one of the leading gainers. Today, the volume has increased by more than 24%. The total additional volume is expected to be over $410 million.

    The low point of this CRV was approximately $2.47, while the peak point was around $2.74. According to the most current coin market cap statistics, the currency has surged to number 70, showing that it is on the radar of many traders.

    In August 2020, CRV achieved a near-all-time high, hovering around $23. The CRV coin has a total quantity of around 3.3 billion coins. According to coinmarketcap, around 14% has been dispersed in the market. As a result of the limited supply, CRV has risen in value despite having a lower market size in comparison to other coins.

    Technical Analysis –  Curve Dao(CRV)

    Starting the technical analysis of CRV from the Weekly Time Frame. Observing the Structures first, it can be seen that the macrostructure is to the upside and this bearish move is merely a Correction of that bullish Impulse. Plotting the Fibonacci from the last Low to the last high, the price seems to be in the Golden Ratio and within the Wick which contains Order Block on the Lower Time frame.

    CRV - 4H

    Nothing clear on The Daily, so on 4 Hour Time Frame, the price has clearly shifted structures to the topside, flipping the last Supply Zone. The Wyckoff Schematics as well seems completed, so on the Pullback longs can be taken all the way up to $2.9. Although it’s necessary to check out for confirmations on lower Time Frame

    Price Prediction – Curve Dao

    CRV has been one of the most bullish currencies in the market. Despite the fact that the price of the CRV has climbed drastically in a matter of days. According to wallet investor, CRV is anticipated to reach a value of $4.368 in a year. This is a rise when compared to the current price of the coin. The price is predicted to exceed $12.5954 in five years. Traders, on the other hand, are excited about the price fluctuation and feel it will be worth much more in the future.

  • Curve Dao Token (CRV) – Where will it move Now?

    According to coinmarketcap, the total supply of CRV is around 1.35B CRV and around 437M of the CRV are in circulation at the moment. It holds the 69th rank according to market cap and has a market dominance of about 0.213%.

    At the time of writing, CRV is being traded at the price of $4.25 with an increase of almost 5% in the last 24 hours. The maximum and minimum today are $4.29 and $3.79 respectively. The daily trading volume has also increased by almost 45%. CRV had created its ATH in November 2021 and reached a price of almost $6.339. The price during the crash dropped down to a price of almost $1.057 in the month of July 2021. Overall the price is moving to higher highs. In November, we saw an increase of almost 13.5%. This month, we have seen a decrease of almost 21.5%.

    Technical Analysis – Curve Dao Token (CRV)

    It can be seen on the daily time frame, that the price of CRV had been printing red candles for the past two days. Before the new higher low and the lower low, the price was in a descending channel. The price did a fake-out and broke upwards but it couldn’t support itself and the price dropped.

    CRV - 1D

    CRV went on to create a new lower low and that broke back into the channel. During this, the price had created an order block that remained unmitigated for a long time. This level got touched two days ago and CRV had a reaction from this price.

    Now there is no reason for the price of CRV to go up and we can expect the drop now. Lower time frame confirmations should be taken into consideration to have a cleaner entry in the price. It can be a long if the price gets rejected from the trend line.

    Price Prediction – Curve Dao Token (CRV)

    CRV is a good investment and is going to provide great returns. Wallet investor considers it to be a really good investment as well. According to them, in a year the price is expected to reach a value of $15.544. In five years the price is expected to reach a value of $6.398. Traders on the other hand are very bullish on the price and think that it wouldn’t be long before CRV moves up to create a new ATH.

  • Curve Dao (CRV) –  What is the Chart Showing Us?

    According to coinmarketcap, the maximum supply of CRV is around 3B CRV and the circulating supply is around 433M CRV. It holds the 72nd rank according to market cap and has a market dominance of about 0.09%.

    At the time of writing, CRV is being traded at the price of $5.23 with an increase of almost 8.71% in the last 24 hours. CRV is a really strong token fundamentally. The maximum and minimum today are $5.48 and $4.59 respectively. The daily trading volume has also increased by almost 52.48%. CRV had created its ATH in August 2020 and reached a price of almost $23. The price later dropped down to a price of almost $0.4. Since then the price started moving upwards and has been on the same trajectory since then. The past two months have been bullish. In October, we saw an increase of about 89% and in December, it was around 15%.

    Technical Analysis – Curve Dao (CRV)

    A lot is happening on the daily chart of CRV. The first thing of interest is the formation of the pole flag pattern that the price is currently forming. It can be seen that the price had created a pole and then a flag. This has resulted in a drop in the price. After this, the price rallied up to create the second part of the structure and created an order block on the way.

    CRV - 1D

    Now the drop had occurred and the unmitigated areas might drive the price upwards from where it can face rejection. This rejection would ultimately cause the price to drop down to the order block which was formed and as a result would also complete the pole flag pattern.

    Invalidation in this scenario would be the price going upwards and becoming stable. This would result in the creation of a new higher high. Of course, lower time frame confirmations should be taken into consideration to have a cleaner entry into the market.

    Price Prediction – Curve Dao (CRV)

    According to wallet investors, CRV is a good investment but does not provide a great return. According to them, CRV is supposed to reach the value of $6.90 in a single year and in five years the price is expected to reach a value of $12.5. But people who trade are quite optimistic about the price and think that it would reach quite a high value.