Coin Edition -
- UNI was overbought but high volatility and buying pressure could push the price toward $15.
- CRV formed a bullish divergence, indicating a possible rise to $0.80.
- AAVE might climb to $110 in the short term as the 9 EMA flipped the 20 EMA.
Cryptocurrencies with DeFi fundamentals including Uniswap (UNI), Curve DAO Token (CRV), and Aave (AAVE) registered mind-blogging price jumps on February 23. This pump occurred because the Uniswap Foundation announced a major proposal to its fee structure.
According to Uniswap, its governance lead, Eric Koen, proposed upgrading the UNI reward system. The proposal noted that stakers and delegators should have access to UNI rewards.