Analyst Van de Poppe Predicts Rally For Curve DAO Token (CRV) In Q1 2022

According to a leading crypto market analyst and trader, Michaël van de Poppe, an Ethereum-based decentralized finance (DeFi) altcoin Curve DAO Token (CRV) is ripe for a fresh rally during the first quarter of 2022.

Van de Poppe’s crypto consultancy and education platform – Eight Global – talks about Curve DAO Token (CRV) in a recent tweet, noting that the altcoin is showing bullish signs.

“CRV has a beautiful chart and is currently one of the better-looking coins. The USDT pair is making higher lows and higher highs, and it looks like it will make another attempt to break through the 1.618 fib level.”

https://twitter.com/eight_global/status/1476885384256794625

Curve DAO Token or CRV is the governance token for Curve Finance, a decentralized exchange for stablecoins that aims to create deep on-chain liquidity using advanced bonding curves.

CRV is currently ranked as the 58th-largest crypto asset by market cap, and at the time of writing trades at $6.07, down 1.7% on the daily chart.

The analyst’s $8.35 target for CRV would mark an upside of over 37.5% should it make the move from its current price.