CRV at Fire-Sale Prices? $0.42-$0.48 Demand Zone Could Be a Golden Opportunity – Don’t Miss Out!

CRV teeters on the edge of a make-or-break demand zone—dump or discount?

Subheading: The $0.42-$0.48 Sweet Spot

Traders are eyeing CRV’s chart like Black Friday shoppers. If the token dips into the $0.42-$0.48 range, it’s not a crash—it’s a clearance sale. Whale accumulation patterns suggest this zone could trigger a rebound… or turn into a liquidity graveyard.

Subheading: High Risk, Higher Stakes

Market makers love these ‘demand zones’—mostly because retail investors keep treating them like magic buy buttons. Will this time be different? The order books say maybe. The last 24 hours’ volume hints at either capitulation or accumulation—take your pick.

Closing thought: Nothing brings out the ‘financial genius’ in people quite like a 60% drop. Happy bargain hunting.

Source: CRV/USDT on TradingView

The price clung to the lower Bollinger Band, repeatedly testing it as a support. The 20-day moving average has also been a resistance recently. The OBV highlighted the steady selling volume that Curve DAO bulls were powerless to halt.

Without an influx of sustained demand, a bearish trend change WOULD be difficult. However, there may be some hope. The $0.45 zone, highlighted in cyan, was a bullish order block from early April. This is an area of demand that could see a bullish trend reversal in the coming days.

Back then, the price saw a strong bullish reaction from this region. Admittedly, Bitcoin’s [BTC] recovery aided CRV’s rally. Another Bitcoin rally could ease the token’s selling pressure. However, right now, the leading crypto’s situation can be categorized as slightly precarious.

On-chain situation highlighted a potential buying opportunity

Source: Santiment

With the Curve DAO Token threatening to sink towards the bullish order block, the network metrics underlined a possible buying opportunity. The weighted sentiment, which gauges sentiment based on social media engagement, was slightly bearish.

The downtrend over the past month saw the MVRV ratio fall steadily lower, standing at -18% at press time. This showed that CRV holders of the past three months were holding losses. And yet, during this downtrend, the mean coin age trended higher.

Over the past week, the MCA saw a dip, but its uptrend may be a sign of network-wide accumulation. A hike in accumulation and holders at a loss showed that the price was at, or close to, a bottom.

Investors could buy CRV for cheap, according to these metrics. The age consumed metric also suggested some token movement in recent days, a sign of selling. However, the figures were not alarming and did not capture a capitulation event.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion