curvedao

Curve DAO (CRV) is currently attempting to reclaim a critical resistance zone around $0.433 during Friday’s trading session, following a strong bullish breakout recorded last week. While short-term price action remains cautious, on-chain metrics are flashing increasingly constructive signals, suggesting that underlying demand is gradually recovering.
Notably, market sentiment is improving as large holders (“whales”) continue to accumulate CRV, alongside a clear uptick in daily active addresses, indicating renewed network activity. If bullish momentum holds and price confirms a breakout above resistance, CRV could extend its recovery toward the next major target near $0.548.
CRV Whales Accumulate During Price Pullbacks
Data from Santiment’s Supply Distribution strengthens the bullish thesis for Curve DAO, revealing a clear divergence in behavior among different wallet cohorts.
Wallets holding 10 million to 100 million CRV (large whales) have accumulated approximately 33 million tokens since early January, taking advantage of recent price retracements. In contrast, mid-sized holders — wallets with 100,000–1 million CRV and 1–10 million CRV — collectively sold around 29 million tokens during the same period.
This pattern suggests that capitulation pressure among mid-tier holders has been absorbed by larger entities with stronger conviction, a dynamic often observed near local accumulation zones.
Network Activity Signals Demand Recovery
Beyond whale behavior, Daily Active Addresses (DAA) data from Santiment paints a supportive picture for CRV’s fundamentals.
The number of active addresses increased from 945 on December 26 to 1,388 on Thursday, marking the highest level since October 14. Rising DAA typically reflects growing on-chain usage and renewed interest in the protocol, both of which can provide structural support for price appreciation over time.
CRV Price Outlook: Breakout or Rejection at a Pivotal Level
From a technical perspective, CRV successfully broke above a descending trendline drawn from August highs on January 2, followed by a nearly 7% rally across three consecutive sessions.
However, bullish momentum stalled as price failed to secure a daily close above the weekly resistance at $0.433, triggering a modest pullback toward the 50-day EMA near $0.413. As of Friday, buyers are attempting to regain control and push price back toward the breakout zone.
Bullish Scenario
If CRV achieves a strong daily close above $0.433, the move would confirm a breakout from the consolidation range. In this case, price could extend higher toward the November 10 swing high at $0.548, which also aligns closely with the 200-day EMA, acting as a major technical barrier.
Momentum indicators support this scenario:
RSI remains elevated around 59, above the neutral 50 level, signaling strengthening buying pressure.
MACD has completed a bullish crossover, with expanding green histogram bars above the zero line, reinforcing positive momentum.
Bearish Scenario
On the downside, a daily close below the 50-day EMA at $0.413 would weaken the bullish structure and likely invite increased selling pressure. Under this scenario, CRV could revisit the January 1 low near $0.357, which serves as a key demand zone.
Trade Setup: Buy / Sell Scenarios (Educational Only)
⚠️ The following levels are for educational and analytical purposes only, not financial advice.
Bullish Setup (Breakout Confirmation)
Buy Entry: Daily close above $0.435
Take Profit 1: $0.485
Take Profit 2: $0.548
Stop Loss: $0.408
Risk–Reward: ~1:2.5
Bearish Setup (Breakdown Scenario)
Sell Entry: Daily close below $0.410
Take Profit: $0.357
Stop Loss: $0.438
Risk–Reward: ~1:2
Conclusion
Curve DAO is approaching a decisive inflection point. Whale accumulation and rising network activity provide a constructive backdrop, while price action remains tightly compressed beneath a key resistance. The next confirmed daily close is likely to determine whether CRV enters a trend continuation phase or resumes consolidation.
⚠️ Disclaimer
This article is provided for informational purposes only and does not constitute investment advice. Cryptocurrency markets are highly volatile. Always conduct your own research and assess your risk tolerance before making any trading or investment decisions.
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