$CRV holds $0.4227 as new stablecoins launch, driving demand for Curve's deep liquidity pools.
What's Happening:
crvUSD supply expands by 5% this week.
Voting incentives for new pools remain high.
Fee revenue shows consistent weekly growth.
Price consolidating in a tight range.
Why It Matters:
Curve is the infrastructure for stablecoins. As long as stablecoins grow, Curve is relevant. The expansion of crvUSD reduces reliance on other protocols and captures more value.
Technical View:
$0.40 is the floor. Bulls looking for a push to $0.45. Volume is low, indicating a potential volatility spike incoming.
🎯 Key Levels:
Support: $0.400 | Resistance: $0.450
24h Range: $0.415 - $0.430
💡 "Liquidity is king, and Curve sits on the throne."
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Curve #CRV #DeFi #Stablecoins #Yield
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
