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Key Takeaways:
- CRV faces major resistance at $1.10; a breakout could trigger a rally to $3.
- RSI and MACD confirm bullish momentum on the weekly chart.
- A move above $0.91 would signal the start of a short-term breakout.
Curve DAO Token (CRV) is showing renewed bullish momentum after a prolonged slump, and technical signals suggest a major rally could be on the horizon. With multiple breakouts already behind it, CRV is now testing a critical resistance level that could define its price action for the rest of 2025.
Multiple Breakouts Rekindle CRV Momentum
CRV had been one of the laggards of the current crypto cycle, barely recovering from its 2022 lows. But that changed in late 2023 when the token broke out from a long-standing diagonal resistance, surging by nearly 400% to hit $1.30 in December.
Although CRV corrected again early in 2025, it staged another breakout in April, reigniting bullish interest. This recurring breakout pattern suggests growing demand — but CRV still faces a formidable horizontal resistance at $1.10, a level it hasn’t closed above in nearly three years.
Technical Indicators Point to More Upside
The weekly chart presents a bullish outlook. Both the RSI and MACD have cleared key thresholds — 50 and 0 respectively — signaling positive momentum. Analysts suggest that a weekly close above $1.10 could lead to a parabolic rally, with $3 as the next potential target.
On the daily chart, CRV appears to be in the midst of a new five-wave upward cycle. If the current wave mimics the first in magnitude, CRV could reach $1.30 again — potentially even higher if the bullish momentum accelerates.
Short-Term Resistance in Focus
In the near term, CRV faces strong resistance at $0.91, a level reinforced by both horizontal resistance and a descending trend line. A confirmed breakout above this confluence would likely invalidate the current correction and trigger new highs.
CRV’s price structure is tightening under key resistance levels, and a breakout above $1.10 could mark the beginning of a vertical rally. Backed by bullish technical indicators and wave counts, Curve DAO Token is showing all the signs of a project ready to reclaim market attention — and potentially triple in value.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Curve DAO (CRV) Faces Bearish Pressure but Long-Term Investors Signal Potential Rebound
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
