Curve CRV Jumps 3.75% as Bullish Momentum Pushes Price Above $1 Threshold
Curve's CRV token rallied 3.75% to $1.04, breaking through key technical resistance levels with strong bullish momentum. The upswing extends a notable recovery from its 52-week low of $0.37, attracting both short-term traders and long-term holders.
Technical indicators show robust buy signals, with price maintaining position above all major moving averages. The RSI at 67.30 indicates potential for further gains before reaching overbought territory. Traders should note a slight bearish divergence appearing in the MACD histogram.
Without immediate news catalysts, the movement appears technically driven amid broader market positioning. CRV's sustained breakout may indicate growing institutional interest in DeFi infrastructure tokens.