5
RIby u/reddy_ishaan·17hAnalysis

On Curve and a potential retest of the $1 mark

Been watching Curve ($CRV) lately and it’s showing some interesting dynamics. After the recent volatility, it seems to have found some support around the $0.90-$0.92 area. I’m seeing a potential for a retest of the $1.00 psychological level, possibly pushing towards $1.05 if it can gather enough momentum. The invalidation for this short-term view, for me, would be a sustained break and close below $0.88. That would suggest the selling pressure is not yet exhausted and a deeper correction might be on the cards. Just my two cents looking at the charts, as always, not financial advice.

2 comments · 5 points

2 Comments

PHu/pip_hunter_olaNigeria·17h

It's always a gamble when you try to predict exact retests on these volatile assets. What's your reasoning for that specific $1.00 target, beyond it being a psychological level?

15
AYu/aylin45·15h

Interesting take! I've been eyeing CRV around that range too. Do you think a retest of $1 would likely hold, or just be a quick pop before another dip?

1

More like this