A leading cryptocurrency analyst suggests that Ethereum 3,413-based CRV Coin may follow a positive trend after this week’s correction. Crypto trader Justin Bennett shared insights with his followers, indicating that CurveDAO’s native token, CRV, could see an increase of over 600% from its current value.
CRV Price Prediction
Bennett stated that he was optimistic about CRV reaching the $0.40-$0.50 buying zone but noted that they did not reach that target. He purchased during Friday’s drop and plans to increase his holdings if it closes above $0.87 this week. He believes there is potential for CRV to go above $6.
“I was very hopeful for CRV to reach the buying zone of $0.40-$0.50. There was a reason for that. I bought during Friday’s drop, and if it closes above $0.87 in the weekly close, I will add more. I see potential above $6.”
– Justin Bennett
Solana Price Prediction
Bennett also mentioned that Solana’s SOL is preparing for a breakout after correcting to $180. Currently, Solana 188 is trading at around $195 and has gained over 9% in the last 24 hours.
“The drop of SOL to the $180s is an ideal buying opportunity. This area acts like a turning point; let’s take action.”
– Justin Bennett
According to the analyst’s chart, if Solana maintains its descending trend line as support, it could rise to $290. These predictions for CRV and SOL may draw attention in the cryptocurrency market, but considering market dynamics and volatility, it is crucial for individuals to conduct their research.
It is recommended that risks are assessed and market trends are monitored before making investment decisions. Given the rapid changes in cryptocurrency markets, adopting a proactive approach may be beneficial.