CrediBULL Crypto|10月 20, 2026 23:13
The last "significant" move on CVX took us from $1.40 to $8+ in literally 30 days.
That move formed the current range that we have been basing out in for nearly 2 years now.
It is now time to break this range to the upside.
RSI across all timeframes is in a better position now than it was then, which means momentum this time around is likely to be even stronger now than it was then.
It's not only possible, but probable, that CVX could be trading at $8+ within a month, especially considering how bullish CRV looks at the moment and recognizing that we have made a separate argument that justifies outperformance from CVX over CRV on this next leg to the upisde.
The only major factor that could derail this timeline imo is if BTC suffers a larger, aggressive pullback that drags the whole market down a bit with it- but even BTC currently sits at a key support zone which reduces the likelihood of that scenario imo.
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