Curve DAO (CRV) is unfolding a bullish impulse

Gregor Horvat Wavetraders

Cryptocurrency Curve DAO with ticker CRVUSD is still pointing higher for wave (5) of an impulse into higher degree wave A/1, but ideally once current W-X-Y correction in wave (4) fully unfolds. It can be actually in final stages of subwave »c« of Y. So, keep an eye on strong 0,67 – 0,54 support zone, from where we may see a bounce and bullish continuation for wave (5).

CRVUSD Daily Chart

Curve DAO Token (CRV) is the native token of Curve, a decentralized exchange focused on stablecoins, launched in January 2020. In August 2020, Curve introduced a decentralized autonomous organization (DAO) using Aragon on Ethereum to manage liquidity through smart contracts. CRV is used for governance and awarded to users based on their liquidity contribution and holding duration.

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Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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