Curve CRV Signals Bullish Reversal as Falling Wedge Pattern Nears Breakout
Curve DAO Token (CRV) is flashing technical signals of a potential bullish reversal, with a falling wedge pattern emerging on its 12-hour chart. Analysts note the upper boundary has been tested, suggesting an exit from accumulation into a potential breakout phase. Current price action shows CRV trading at $0.3668, down 2.52% over 24 hours but stable weekly, supported by $98.65 million in daily volume.
Key resistance levels loom at $0.43, $0.52, $0.63, and $0.79—each representing a potential springboard for upward momentum. Oversold conditions and rising buying pressure hint at a short-term rebound, though EMAs and MACD still reflect bearish undertones. Market capitalization stands at $523.44 million as traders watch for confirmation of the wedge breakout.
