✅Curve DAO (CRV) Bullish Surge Driven by Whale Accumulation
📈 Over the past week, Curve DAO (CRV) has rallied +73%, including a +25% single-day gain—breaking out above the $0.77–$0.83 resistance zone.
💼 On-chain, whales have withdrawn ~2.67M CRV from exchanges, driving significant supply compression. Large holders now own over 54% of circulating supply, according to recent analysis.
Here’s the technical kicker: CRV has broken out of a three-month descending triangle, supported by a golden cross between its 50- and 200-day EMAs and doubled daily trading volume near $727M.
Targets are now set around $1.10–$1.15, with potential upper resistance at $1.27.
🧠 Trade Snapshot:
Metric Value
Support Zone $0.77–$0.83
Short-Term Target $1.10–$1.15
Bull Case Target $1.27+
Risk Zone $0.88–$0.92 (if volume fades)
❓ What Do You Think?
Will CRV sustain momentum and push toward $1+, or is this a temporary pump?