Curve DAO (CRV)
Key points:
At press time, CRV was trading at $0.63, reflecting an 8.24% increase over the last 24 hours.
The price held firmly above the midline of the Bollinger Bands, with the Awesome Oscillator building bullish momentum.
What you should know:
CRV continued its recovery trend, posting a strong green candle after consolidating near the $0.59 level. The token maintained its position above the Bollinger Bands’ midline, signaling sustained bullish control. Meanwhile, the Awesome Oscillator printed consecutive green bars and edged further into positive territory, reinforcing upward momentum after a brief pause earlier this week. Notably, volume showed a moderate uptick alongside price gains, suggesting solid trader conviction. If CRV maintains its pace, it could attempt a retest of the upper Bollinger Band near $0.65, followed by the $0.70 resistance zone. On the downside, immediate support rests around the $0.59 mark. A loss of this level may invite short-term corrections. Traders should watch for potential AO weakening or narrowing Bollinger Bands, which could signal cooling momentum.
