Curve DAO Price Trend Analysis: CRV Tests Key Support Level Again, Do Bulls Still Have a Chance?

CRV1,02%
BTC-1,07%

Recently, the price trend of Curve DAO (CRV) has once again attracted market attention. According to Coinalyze data, the open interest of CRV has increased by approximately 6.6% over the past 24 hours, which typically indicates that speculative funds are accelerating their entry. However, in contrast to the rising derivatives activity, CRV’s price has fallen by 2.63% during the same period, with a nearly 10% decline over the past week, indicating that bullish and bearish sentiments are widening.

From the overall market environment, the crypto market sentiment remains weak. Bitcoin (BTC) encountered resistance around $90,000 and retreated, which also exerted some pressure on the DeFi sector. Against this backdrop, questions arise as to whether CRV has entered a more risky phase, becoming a focal point for many traders.

On a higher time frame, the weekly chart structure is not favorable for CRV. After breaking below $0.49, a clear downward wave structure has formed, and the key support level at $0.37 was also not effectively held. The volume distribution indicator A/D continues to decline, indicating increasing capital outflow pressure; the MACD indicator also remains in the bearish zone, suggesting that the medium-term downward momentum has not yet ended.

Switching to the 6-hour chart, a clearer short-term trend can be observed. CRV is currently in a descending channel and has experienced two significant bearish breakouts. Before the decline continued, the price rebounded to test the fair value gap (FVG) around $0.38 but failed to stabilize, further strengthening the bearish advantage.

For short sellers, $0.38 is a critical invalidation point. If the price recovers strongly and stabilizes above this level, the short-term bearish thesis will be invalidated, and a technical rebound may occur.

Looking at a longer cycle, the weekly chart shows that $0.243 is the next important support zone, which was a densely traded area between July and November 2024. Additionally, $0.329 and $0.298 may also provide phased support during the decline.

Overall, Curve DAO tokens remain under pressure in the short to medium term. CRV’s price trend, key support levels, and DeFi market sentiment will be the core variables determining the next direction. For investors focusing on CRV technical analysis and Curve DAO price forecasts, risk management remains the top priority at this stage.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Not Too Late Yet: Altcoins Eye Rapid Move Ahead of Economic Uncertainty — 5 Picks Investors Are Watching

Market rotation is splitting attention between meme coins and infrastructure-driven blockchain projects. TAO and FIL reflect stronger alignment with emerging tech and data infrastructure narratives. DOGE and SHIB remain primarily driven by retail sentiment and short-term volatility

CryptoNewsLand52m ago

Bitcoin Quantum Computing Threat Is Manageable, Real Issue Is Governance: Analyst

Gate News message, April 25 — Bitcoin analyst James Check said quantum computing poses a "manageable risk" rather than a systemic threat to Bitcoin, according to CoinDesk. Approximately 1.7 million BTC are held in Satoshi-era addresses, which could face risk if quantum computing breaks elliptic

GateNews1h ago

Positioned or Left Behind? Altcoins Show Pre-Breakout Momentum with 150%+ Upside — 5 Coins Worth Buying Today

Liquidity is rotating selectively into both DeFi and infrastructure tokens. Meme assets show higher volatility compared to utility-driven protocols. Market conditions resemble early-stage accumulation before potential expansion phases. Market participants are observing renewed accumulati

CryptoNewsLand2h ago

Altcoins Are Not a Lottery: Why Discipline Beats Hype — Top 5 Crypto Coins Worth Buying This Cycle

Markets favor disciplined allocation over hype, with Chainlink/Uniswap tied to DeFi liquidity, and stablecoins as buffers; altcoin cycles face structural shifts amid cautious, liquidity-driven strategies. Abstract: The article highlights a secular shift in crypto markets from speculative cycles to disciplined, liquidity-aware allocation. It links Chainlink and Uniswap activity to actual DeFi usage and liquidity trends, while stablecoins USDT and USDC serve as buffers amid uncertainty. The outlook emphasizes macro conditions and liquidity shifts as primary determinants of market direction, with institutional actors adopting structured approaches.

CryptoNewsLand3h ago

SUI Price Eyes $1.10 Breakout as Whale Positions Rise

Key Insights SUI trades at $0.96 with RSI at 53.66, showing neutral momentum while maintaining upside room for expansion toward resistance levels. Whale positioning at 70% long signals strong institutional confidence, aligning with rising open interest and steady capital inflows despite

CryptoNewsLand6h ago

ADA Price Outlook as Cardano Lands LSE Tokenized Deal

Key Insights Cardano tokenized a Hannover Re reinsurance product and listed it on the London Stock Exchange, expanding blockchain use in regulated institutional markets. ADA price holds within a descending wedge as support at $0.2400 remains intact while resistance near $0.2550 and $0.2824 l

CryptoNewsLand6h ago
Comment
0/400
ZhangSanshanvip
· 2025-12-19 07:02
Just go for it💪
View OriginalReply0