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Curve CRV Faces Key Support Test Amid Broader Crypto Pullback

Curve CRV Faces Key Support Test Amid Broader Crypto Pullback

Author:

Global Cryptocurrency

Published:

2026-01-22 18:12:09

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Curve CRV News -

Curve DAO Token (CRV) continues its descent, dropping 1.9% in the last 24 hours and 12.9% over the past week. The token is currently trading around $0.347, with on-chain volume patterns indicating distribution rather than accumulation.

Higher timeframe analysis confirms a persistent descending channel, signaling ongoing seller control. Market analyst Jonathan Carter pinpoints the $0.34-$0.36 zone as critical support. A decisive break below this level could trigger a MOVE toward $0.30 and potentially $0.25. Immediate resistance is seen at $0.45 and $0.55, with a significant bullish reversal potentially targeting the $0.70 area.

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