CRV, FXS, & CVX Upcoming Week Analysis1. Convex Finance (CVX)
CVX ranks in the category of DeFi; its price has surged significantly by more than 48% in the last 24 hours, and its TVL is also considerably good by being above 1.337 Billion.
At press time, the CVX has traded out of the falling wedge pattern with an epic breakout with a 154% surge in the last 4 days, where the price has formed a rejection wick in the surge.
Now, the coming weeks could show a more optimistic price, and if buyers keep on rising, the price could claim $5.1 and $5.6 resistance levels. On the contrary, if the price fails to sustain the gain and ends up back in the wedge, then the pattern would lose significance; for that, the support stays around $3.50 and $2.90.
2. Frax Share (FXS)
Frax shares (FXS) from the category of stablecoins and DeFi; its price has surged significantly by more than 6% in the last 24 hours, and its TVL is also considerably good by being above 1.042 Billion.
At press time, the FXS has been trying to rise for last three days after a very long plummetting
Now, the coming weeks could show a more optimistic price, and if buyers keep on rising, the price could claim $5.0 and $6.5 resistance levels. On the contrary, if the price fails to sustain the gain then it could reach the support near around $3.50 and $3.00.
3. Curve DAO Token (CRV)
Curve DAO (CRV) from the category of DAO and DeFi; its price has surged significantly by more than 5% in the last 24 hours, and its TVL is also considerably good by being above 2.506 Billion.
At press time, the CRV has been trying to rise from $0.2175 for last three days after a very long plummetting.
Now, the coming weeks could show a more optimistic price, and if buyers keep on rising, the price could claim $0.50 and $0.65 resistance levels. On the contrary, if the price fails to sustain the gain then it could reach the support near around $0.21 and $0.10.
