The post CRV Price Consolidates at $0.97 After 85% Surge as Curve Hits 40K Users appeared on BitcoinEthereumNews.com.

Felix Pinkston
Aug 10, 2025 09:15

CRV trades at $0.97 (-1.40% today) following record user growth to 40,000 monthly actives and massive 85% monthly gains, with technical indicators showing consolidation phase.

Quick Take • CRV currently trading at $0.97 (-1.40% in 24h) • Curve’s RSI at 58.19 indicates neutral momentum after recent surge • Record 40,000 monthly active users driving 85% price increase over 30 days What’s Driving Curve Price Today? The CRV price movement reflects a natural consolidation following explosive growth. Just two days ago, Curve Finance achieved a milestone of 40,000 monthly active users, marking a new record high that coincided with an impressive 85.25% price surge over the past 30 days. This user growth surge indicates genuine adoption rather than speculative trading, as increased on-chain activity shows CRV holders are moving tokens off exchanges for staking and liquidity provision. However, the current 1.40% daily decline represents a healthy pullback from recent highs. Earlier this week, CRV price tested critical support levels after experiencing a 9% correction from peaks above $1.00. The modest rebound that followed, including a 2.18% gain on August 4th when CRV traded around $0.91, demonstrates the market’s ability to find support during temporary selloffs. This price action suggests that while the fundamental growth story remains intact, traders are taking profits after the substantial rally, creating the current consolidation pattern. CRV Technical Analysis: Mixed Signals Point to Consolidation Curve technical analysis reveals a market in transition, with the CRV RSI at 58.19 sitting comfortably in neutral territory. This reading suggests neither overbought nor oversold conditions, providing room for movement in either direction based on market catalysts. The moving average structure tells a compelling bullish story. CRV price at $0.97 trades above both the 50-day SMA ($0.77) and…

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Filed under: News - @ August 10, 2025 9:29 am