CRV Price Analysis: Curve Token Hovers Near Critical Support as Bearish Momentum Builds
The post CRV Price Analysis: Curve Token Hovers Near Critical Support as Bearish Momentum Builds appeared on BitcoinEthereumNews.com.
Rebeca Moen
Sep 28, 2025 08:20
CRV price trades at $0.66 with 0% 24h change as Curve technical analysis reveals concerning signals near key $0.63 support level.
Quick Take • CRV currently trading at $0.66 (0.00% in 24h) • Curve’s RSI at 38.36 suggests potential oversold conditions developing • No significant news catalysts in past week, leaving technical factors driving price action What’s Driving Curve Price Today? The CRV price has remained relatively stable over the past 24 hours, showing no significant movement as trading volume reached $9.59 million on Binance spot markets. This sideways action comes amid a broader lack of fundamental catalysts, with no major news events or developments affecting Curve Finance in the past week. The absence of fresh news has shifted trader focus entirely to technical factors and broader market sentiment. CRV’s current consolidation phase reflects a market waiting for direction, as the token trades within a tight range between $0.65 and $0.68. This price stability, while appearing neutral on the surface, masks underlying technical weakness that could influence near-term price direction. CRV Technical Analysis: Bearish Signals Emerge Curve technical analysis reveals several concerning indicators pointing to potential downside pressure. The most significant signal comes from CRV’s position relative to its moving averages, with the current $0.66 price trading below all major timeframes including the 7-day SMA ($0.67), 20-day SMA ($0.75), and 50-day SMA ($0.80). CRV RSI currently sits at 38.36, placing the token in neutral territory but approaching oversold conditions. While this could suggest a potential bounce, the broader technical picture remains concerning. Curve’s MACD indicator shows bearish momentum with a reading of -0.0402, while the MACD histogram at -0.0098 confirms continued downward pressure. The Bollinger Bands analysis provides additional context for CRV price action. With the…
Filed under: News - @ September 28, 2025 8:29 am