Curve CRV Jumps 1.44% to $0.99 Amid Strong Technical Rally
Curve's CRV token climbed 1.44% to $0.99, extending its remarkable 167% rebound from a 52-week low of $0.37. The MOVE is primarily driven by technical factors rather than fundamental developments.
The token now trades above all key moving averages, with its RSI at 59.52 indicating sustainable momentum. Technical resistance remains light NEAR the $0.99 pivot level.
Algorithmic trading appears to be amplifying the price action as traders focus on chart patterns over news flow. While the MACD shows a slight divergence warning, the overall technical setup remains bullish.