Curve DAO Price Trend Analysis: CRV Tests Key Support Level Again, Do Bulls Still Have a Chance?

CRV-6.7%
BTC-3.02%

Recently, the price trend of Curve DAO (CRV) has once again attracted market attention. According to Coinalyze data, the open interest of CRV has increased by approximately 6.6% over the past 24 hours, which typically indicates that speculative funds are accelerating their entry. However, in contrast to the rising derivatives activity, CRV’s price has fallen by 2.63% during the same period, with a nearly 10% decline over the past week, indicating that bullish and bearish sentiments are widening.

From the overall market environment, the crypto market sentiment remains weak. Bitcoin (BTC) encountered resistance around $90,000 and retreated, which also exerted some pressure on the DeFi sector. Against this backdrop, questions arise as to whether CRV has entered a more risky phase, becoming a focal point for many traders.

On a higher time frame, the weekly chart structure is not favorable for CRV. After breaking below $0.49, a clear downward wave structure has formed, and the key support level at $0.37 was also not effectively held. The volume distribution indicator A/D continues to decline, indicating increasing capital outflow pressure; the MACD indicator also remains in the bearish zone, suggesting that the medium-term downward momentum has not yet ended.

Switching to the 6-hour chart, a clearer short-term trend can be observed. CRV is currently in a descending channel and has experienced two significant bearish breakouts. Before the decline continued, the price rebounded to test the fair value gap (FVG) around $0.38 but failed to stabilize, further strengthening the bearish advantage.

For short sellers, $0.38 is a critical invalidation point. If the price recovers strongly and stabilizes above this level, the short-term bearish thesis will be invalidated, and a technical rebound may occur.

Looking at a longer cycle, the weekly chart shows that $0.243 is the next important support zone, which was a densely traded area between July and November 2024. Additionally, $0.329 and $0.298 may also provide phased support during the decline.

Overall, Curve DAO tokens remain under pressure in the short to medium term. CRV’s price trend, key support levels, and DeFi market sentiment will be the core variables determining the next direction. For investors focusing on CRV technical analysis and Curve DAO price forecasts, risk management remains the top priority at this stage.

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ZhangSanshanvip
· 2025-12-19 07:02
Just go for it💪
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