CRV can be x10 at current price

Curve Finance (CRV) is a decentralized exchange (DEX) has the same pattern of operation as UniSwap. But Curve does not focus on the token-to-token transaction on which it is based stablecoins as a basis for exchange.
Founded in January 2020 by Michael Egorov, a PhD in physics, Curve Finance is currently running on a decentralized network and has now become one of the major players in the exchange. Blockchain Ethereum.

The person known in the industry by the nickname Credible Crypto told his 267,000 Twitter followers that CRV, the governance token of a decentralized financial platform (DeFi) Curve will reach a level of $ 40 in this cycle, This number corresponds to an increase of about 811% from the current price.

The analyst indicates that the Curve has a locked sum of values (TVL) in its foundation more than any protocol DeFi anywhere else in the industry with most of the supply locked in the long term.

“CRV of 10 times from here is very possible. That's a conservative estimate for the leading protocol in the space DeFi with TVL $ 20 billion, more than 90% supply locked for almost 4 years and a breakout above the 9-month accumulation zone. $ 40+ for CRV at the end of this cycle”.

The source: Defillama.com

At the time of writing, CRV is trading at $ 4.42.

Look at Bitcoin, Credible says that the crypto king looks set to underperform in the short-term. Follow me, BTC could face stronger selling pressure unless it reclaims the $ level of 59,000.

“The low time frames are not looking attractive after the recent sell-off. Need to reclaim 59k now if it wants to keep going up to 62-63k. The bears will be in control until then.”

The source: CredibleCrypto/Twitter

Credible also noticed a similar situation happening on Ethereum. He said that if ETH In order to end its recent correction, it must first regain the $ 4.385 zone.

"ETH still sold off at a higher level. It needs to get back to the key $ 4.385 in a few days. If not, I'm glad I closed some profits and now have the cash reserves to buy the dip. Winning back will help ETH to an all-time high.”

The source: CredibleCrypto/Twitter