Curve DAO Token (CRV)

Curve Finance founder Michael Egorov proposed a proposal on the Curve DAO governance forum, intending to allocate about 17.45 million CRV tokens (approximately $6.6 million) to Swiss Stake AG (the company behind Curve) to support research, technical development, and team operations of the Curve lending protocol. The proposal shows that the funds will be used for software development, infrastructure and security building, and will support a core development team of 25 people. The related roadmap includes launching and expanding Llamalend v2 in 2026, developing on-chain foreign exchange (FX) trading functionality, and improving the user interface. (Cointelegraph) https://t.co/hYB79YvZ09

$CRV [Short Term Update] We had a clean hit to the 0.889. If you're new to me, you know what this means. Your stop is obvious here. The interpretation is the same, question becomes if we're dealing with a nested 1-2 or a if this completes the wave. Good Luck. https://t.co/jorbjTlVXl

$CRV short term update. My preferred count has price heading down to low .30's and then a bounce. https://t.co/sQjYnhHbCa

$CRV, chart crime edition. Patterns don't often repeat, but they often rhyme. The rally off the lows last year was in a 3 wave form... not clearly impulsive. The rally off this years lows was also in 3 wave form... not impulsive. Given the rhyming pattern here, and the recent breakdown of the trend, this infers a new low at some point before an attempt again at an impulsive rally. P.S. I don't think $CRV will follow this path exactly, but this break of the trend does not look bullish to me. It looks like an echo of early 2022 breakdown. We want to see support in the lower 30's hold to form a strong bottom of a range.

$CRV, chart crime edition. Patterns don't often repeat, but they often rhyme. The rally off the lows last year was in a 3 wave form... not clearly impulsive. The rally off this years lows was also in 3 wave form... not impulsive. Given the rhyming pattern here, and the recent breakdown of the trend, this infers a new low at some point before an attempt again at an impulsive rally. P.S. I don't think $CRV will follow this path exactly, but this break of the trend does not look bullish to me. It looks like an echo of early 2022 breakdown. We want to see support in the lower 30's hold to form a strong bottom of a range.

$CRV is holding fairly strong at this support line here near ~$0.3880. Double-shaded squeeze on the Daily has been sitting here for some time, just biding its time as it approaches the edge of this channel. And the larger structure is just underneath with the bottom support near ~$0.31. Local bottom after local bottom so it's clear that this area is a huge support level. Notice how everything is near structural lows as we approach the new year. Feels like things are gearing up for a shift and just holding until the time is right. All in all, just watch for a violent move in the coming days/weeks ahead. Something will have to give one way or another.

$CRV combines fee flows, stable liquidity, and long-term alignment in one model. Few DeFi tokens link utility to rewards this clearly. -veCRV creates incentive for 4-year locks -Convex and others absorb CRV for ecosystem-wide access Real usage supports long-term positioning https://t.co/Y97EF09C39