A popular crypto trader thinks one decentralized finance (DeFi) altcoin built on Ethereum (ETH) is on the verge of a big recovery.
The pseudonymous crypto analyst Credible ប្រាប់ អ្នកតាមដាន Twitter របស់គាត់ 320,600 នោះ។ Ethereum-based Curve Finance (CRV) is “revving its engines.”
ខ្សែកោង is trading at $2.91 at time of writing. Credible thinks the DeFi altcoin could revisit the “mid $2” range if Bitcoin (BTC) corrects back to the low $40,000s. He also predicts CRV will bounce back to the $4-$5 range “soon.” The crypto asset hasn’t reached those heights since mid-January.
គួរឱ្យទុកចិត្ត ព្យាករណ៍ BTC will retest the low $40,000s in the short term, though he thinks the top-ranked crypto asset by market cap is primed to continue marching upwards after that dip.
Bitcoin កំពុងជួញដូរនៅ $46,890.63 នៅពេលសរសេរ។
Credible is also predicting a pullback for DeFi altcoin Convex ហិរញ្ញវត្ថុ (CVX) ។
Convex, which offers no withdrawal or minimum performance fees, rewards liquidity providers and CRV stakers on the Curve Finance exchange. CVX can be staked into Convex Finance to earn a share of Curve’s liquidity pool earnings.
“$40 resistance hit – may see a bit of a pullback here before continuation. Dips to the $20-$30 region are buy opportunities. Bribes/incentives this round also coming in at around $0.80 per vlCVX. Nearly 2x the last round which was just two weeks ago.
CVX – the gift that keeps on giving.”
CVX កំពុងជួញដូរនៅ $37.28 នៅពេលសរសេរ។
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Source: https://dailyhodl.com/2022/04/05/altcoin-ecosystem-built-on-ethereum-eth-primed-for-serious-gains-according-to-closely-followed-crypto-analyst/