Claim BonusThis Resistance Breakout Sets Curve Dao Price For A 22% Jump
The Bitcoin price painted green today surged the major cryptocurrencies to higher ground. Thus, the Curve dao price responding to the improving market sentiment jumped 12.53% high on the intraday level. The massive bullish candle breached a weekly monthly resistance of the $0.983 mark, offering a long entry opportunity for traders.
Key points:
- A candle closing above the $0.983 mark would intensify bullish growth for a prolonged recovery
- The 100-day EMA resistance tries to limit the price rally till the $1 psychological mark
- The intraday trading volume in the CRV token is $152.2 Million, indicating a 113.5% gain.
Source-Tradingview
The Curve dao price witnessed a steady downfall for the past three months, dropping from a $1.588 high to a low of $0.73. However, connecting this downtrend’s lower highs and lows, the daily chart revealed a falling wedge pattern.
In theory, this well-known bullish continuation replenished the buying momentum for significant growth. Thus amid the last week’s recovery in the crypto market, the Curve dao price gave a bullish breakout from the pattern’s resistance trendline.
Thus, the post-retest rally surged the prices by 17.5%, and it currently trades at $1.14.
In addition, this price rally reclaimed a strong local resistance of $0.983. The breached resistance should offer an extra edge for buyers to extend the bullish growth. Thus, with sustained buying, the price should rise 22% to hit the $1.243 resistance.
On a contrary note, a breakdown below $0.983 will offset the bullish thesis.
Technical analysis
MACD indicator: the MACD and a signal line jumped above the neutral zone, indicating the market sentiment is improving for the curve dao token
Bollinger band: the CRV price hit the indicator’s upper band suggesting the buying activity is aggressive in short time span Thus, the prices may consolidate above the $0.983 mark to stabilize the bullish rally
Curve Dao Coin Intraday level
- Spot price: $1.018
- Trend: Bullish
- Volatility: Low,
- Resistance levels- $1.24 and $1.55
- Support levels- $0.98 and $0.86
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal 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.
Related Articles
- U.S. CPI Release: Wall Street Predicts Soft Inflation Reading as Crypto Market Holds Steady
- Bhutan Government Cuts Bitcoin Holdings as Standard Chartered Predicts BTC Price Crash To $50k
- XRP News: Binance Integrates Ripple’s RLUSD on XRPL After Ethereum Listing
- Breaking: SUI Price Rebounds 7% as Grayscale Amends S-1 for Sui ETF
- Bitget Targets 40% of Tokenized Stock Trading by 2030, Boosts TradFi with One-Click Access
- Solana Price Prediction as $2.6 Trillion Citi Expands Tokenized Products to SOL
- Bitcoin Price Could Fall to $50,000, Standard Chartered Says — Is a Crash Coming?
- Cardano Price Prediction Ahead of Midnight Mainnet Launch
- Pi Network Price Prediction as Mainnet Upgrade Deadline Nears on Feb 15
- XRP Price Outlook Amid XRP Community Day 2026
- Ethereum Price at Risk of a 30% Crash as Futures Open Interest Dive During the Crypto Winter
