Curve CRV Skyrockets 23% as DeFi Rally Fuels Breakout to $1.00
Curve DAO Token (CRV) surged dramatically, gaining 23% in 24 hours to briefly hit $1.00 before settling around $0.94. Trading volume exploded by 103% to $860 million, boosting its market cap to $1.28 billion—a 17% daily increase.
Technical analysis confirms a decisive wedge breakout at $0.74, with the $0.88 resistance level now acting as support. Prominent crypto trader 'TheBreakoutZone' identifies $1.27 as the next target, a key level from 2023. The 4-hour chart shows consistent upward momentum since July 9, with CRV rebounding from below $0.60 levels.