Price Analysis

Curve Dao Coin Rally Sets Its Target Above $1; Is It Time To Buy?

A higher price rejection candle at $0.853 resistance may encourage the curve dao coin price to drop to $0.675.
Published by
Curve Dao Coin Rally Sets Its Target Above $1; Is It Time To Buy?

The Curve Dao coin showed a steady downfall when the prices turned down from $1.55 on July 19th. This V-top reversal plunged the altcoin to a low of $0.738 mark, registering a loss of 52.3%. Moreover, the series of lower highs reflect an established downfall, and if the selling pressure persists, the prices could plunge back to $0.67 support.

Advertisement

Key points:

  • The Curve Dao coin price is actively responding to a falling wedge pattern.
  • The coin traders are falling strong supply pressure at $0.853
  • The intraday trading volume in the CRV token is $150.8 Million, indicating a 21% loss.

Source- Tradingview 

The daily technical chart shows the ongoing price action follows a falling wedge pattern. Moreover, even though this pattern leads to a significant price drop, the asset price should witness a strong rally once the prices break the overhead trendline.

The Curve Dao coin price currently trades at the $0.8 mark and has recently rebounded from the support trendline. This bull cycle within the pattern should push the price to the overhead trendline.

As of now, the buyers struggle to surpass the in-between resistance of $8.53, and the high wick rejection attached to the daily candle indicates a possible reversal. Doing so will slump prices back to support the trendline to replenish the bullish pattern.

However, in response to this pattern, the curve Dao price should eventually break the resistance trendline. Thus, this pattern completion will boost the bullish momentum to hit the $1.55 mark.

Advertisement

Technical analysis

MACD indicator: a bearish crossover between the MACD and signal line bolster sellers to plummet the prices back to support the trendline.

EMAs: A coin price below the downsloping EMAs (20, 50, 100, and 200) indicates a bear trend is in progress. Moreover, the 20-day EMA offers dynamic resistance among these EMAs.

Advertisement

Curve Dao Coin Intraday Level

  • Spot price: $0.806
  • Trend: Bullish
  • Volatility: High,
  • Resistance levels- $1, and $1.27
  • Support levels- $0.677 and $0.565
Advertisement
Share
Brian Bollinger

From the past 5 years I am working in Journalism. I follow the Blockchain & Cryptocurrency from last 3 years. I have written on a variety of different topics including fashion, beauty, entertainment, and finance. Reach out to me at brian (at) coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Price Analysis

Pi Network Patterns Point to More Gains Despite Manipulation Claims

Pi Network price is taking part in the ongoing crypto market rally. It jumped to…

October 28, 2025
  • Price Analysis

HBAR Price Poised to Hit $0.30 as Canary Capital ETF Starts Trading.

Hedera (HBAR) price has surged nearly 15%, breaking above the key $0.20 mark, a significant…

October 28, 2025
  • Price Analysis

Will Solana Price Rally to $300 as Bitwise Launches $BSOL ETF?

Solana price has seen a strong performance, rallying above the $200 level after bouncing off…

October 28, 2025
  • Price Analysis

XRP Price Chart Patterns Hint at 2017-Style Breakout as Evernorth Acquires $1B XRP Ahead of Nasdaq Debut

The broader crypto market has started showing renewed optimism, with growing attention on XRP price…

October 28, 2025
  • Price Analysis

Cardano Price Eyes 80% Rally as x402 Upgrade Sparks Hope for AI Payment Expansion

Cardano price has attracted renewed attention after the network introduced the x402 Proof-of-Concept upgrade. This…

October 28, 2025
  • Price Analysis

Polymarket Traders Bet Ethereum Price to Hit $5,000 as Bullish Pattern Forms

Ethereum price rose for five consecutive days, reaching its highest level since Oct. 13. This…

October 27, 2025