Skip to content

Crypto asset Curve DAO (CRV) targets a price of $1.90, propelled by a weekly breakout that stimulates a bullish momentum.

Breakout from a 2.5-year wedge observed in Curve DAO, accompanied by a surge in volume and an ascending trend, indicative of potential challenge at $1.90 resistance level.

CRV token from Curve DAO aiming for $1.90 as bullish trend bolstered by weekly price surge
CRV token from Curve DAO aiming for $1.90 as bullish trend bolstered by weekly price surge

Crypto asset Curve DAO (CRV) targets a price of $1.90, propelled by a weekly breakout that stimulates a bullish momentum.

Curve DAO (CRV) has experienced a significant breakthrough, ending a 917-day downtrend and signalling a potential shift to bullish sentiment on weekly charts. This development follows a series of bullish technical indicators that suggest a macro trend reversal could be in progress.

Weekly moving averages and rising volume indicate a possible macro trend reversal, with traders monitoring $1.20 as a potential trigger zone that could initiate a rally towards $1.90 and $3.00. The price of CRV currently trades at $1.07, up 7.81% in 24 hours.

The Relative Strength Index (RSI) has bounced off the bearish control zone and is now acting as a support level. The RSI's recovery suggests that the selling pressure may be easing, further supporting the bullish outlook.

The price of CRV is currently holding above $1.05, a key psychological level, and a move through this level could strengthen the bullish momentum. The Mental Trader has identified the breakout attempt above $1.05 as a significant test.

CRV has broken out of a 917-day falling wedge, a bullish reversal pattern, on the weekly charts. This breakout, combined with dominant bullish technical signals, suggests the technical structure supports the upward price targets.

In the near to medium term (2025), potential price targets for CRV are projected to be in the range of approximately $1.16 to $1.92. CoinCodex's technical analysis summary shows more bullish than bearish indicators, suggesting a near-term target of about $1.16 by late August 2025.

A price channel forecast for 2025 suggests CRV could trade between roughly $0.98 and $1.58, with an average targeting around $1.36 to $1.40, depending on different analyses. Coinpedia projects a potential maximum price near $1.92 in 2025, with an average estimate at $1.36 and a potential lower bound near $0.81.

Looking further ahead beyond 2025, sustained bullish sentiment and a strong DeFi market might push CRV prices higher, with some models suggesting targets above $2 and even reaching into the $3+ range later (2026–2027 and beyond).

Volume spikes around the breakout confirm strong participation, and CRV is building momentum for a potential sustained move. Traders are closely watching the $1.20 mark, a push above which could accelerate momentum and shift sentiment further toward the bulls.

On the 4-hour chart, price action is becoming more active. The Moving Average Convergence Divergence (MACD) has crossed upward from the zero line, suggesting a fresh upward wave is building. The weekly 55 MA is flattening and turning upward, reinforcing the bullish trend.

Weekly gains for CRV now stand at nearly 6%. The next goal for CRV is reclaiming the 200-week EMA, which could clear the path toward higher targets. CRV is trading above all major exponential moving averages on timeframes up to the daily.

In summary, after the falling wedge breakout and current bullish weekly momentum, expect initial resistance and target zones around $1.16 to $1.92 in 2025, with an overall positive outlook if bullish conditions persist. However, it is important to interpret these predictions cautiously in light of potential market volatility, broader crypto trends, and the typical uncertainties in price forecasting. Always consider comprehensive research and risk management with crypto investments.

Technology enthusiasts might find an opportunity in the potential surge of the finance-related cryptocurrency, Curve DAO (CRV). The breaking of a 917-day downtrend and the macro trend reversal hint at possibilities for investing in this digital asset.

Given the bullish technical indicators, such as the RSI's bounce-back and the Moving Average Convergence Divergence (MACD) crossing upward, technology-focused investors may anticipate a potential rally towards $1.90 and $3.00.

Read also:

    Latest

    Website Update: Foss Fairy Trail Unveils New Features

    Update on Foss Fairy Trail's website revision

    In my February updates, I mentioned initiating work on The Foss Fairy Trail website. Since then, I've been engrossed in the realm of fairies! I've been doing a significant overhaul for thefossfairytrail.com! The Foss Fairy Trail is a unique location, showcasing miniature fairy dwellings, secret...