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The Curve token has been gaining upward traction in recent times. This momentum has pushed the token’s price action back above key technical levels. As of the time of writing, the coin has recorded an additional increase of 4.82%.
Curve Statistics
CRV Current Price: $0.6818
Market Capitalization: $902.14M
Circulating Supply: 1.32B
Total Supply: 2.25B
CoinMarketCap Rank: 71
Key Price Levels
Resistance: $0.7000, $0.8000, $0.9000
Support: $0.6500, $0.6000, $0.5500
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Curve Market Poises for a Continued Upward Retracement
The ongoing session in the CRV market has presented a recovery from the previous dip, which occurred in the last session. This recovery has helped the token resume an upward trajectory above all the Moving Average (MA) lines on the chart.
Additionally, the 20-day and 200-day MA lines are converging below the current price action, which reinforces the bullish outlook. Meanwhile, the Stochastic Rate of Change (SROC) indicator is rising above the equilibrium level. This supports the view that the market may continue to rise as trading progresses throughout the day.
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CRV Stays on a Bullish Path
The Curve token has maintained its upward trend even on the 4-hour chart. In this timeframe, price action has remained positive for two consecutive sessions, keeping the market above all MA lines.
The SROC indicator continues to climb steadily above the equilibrium level, suggesting that bullish momentum remains active and is propelling the market further upward. Therefore, it appears likely that the market could breach the $0.7000 resistance and advance toward the $0.7500 price level.
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