Is CRV price about to break below $0.20 support?
The post Is CRV price about to break below $0.20 support? appeared on BitcoinEthereumNews.com.
CRV price has been grinding lower since late 2025, and the Curve DAO token is now pressing against the lower boundary of a descending channel that has defined its price action for months. The $0.20 level is within reach, and the chart is setting up a clear binary outcome: hold and recover, or break into uncharted territory. Summary CRV price is at $0.2118 on April 6, approaching the lower boundary of a descending channel in place since late 2025, with the $0.20 psychological level as the key downside reference. The daily Supertrend at $0.2495 confirms the bearish trend, though the MACD line at 0.0005 has crossed marginally above the signal at -0.0078, a tentative early stabilisation signal. A daily close below the channel lower bound near $0.21 exposes $0.20, while a recovery above the Supertrend at $0.2495 is required to shift the bias toward neutral. Curve DAO (CRV) price is trading at $0.2118 on April 6, down 8.10% over the prior 24 hours, as the Curve DAO token continues to lose ground within a descending channel that has defined its structure since late 2025. The token is pressing against the lower boundary of that channel, with $0.20 now the critical downside reference for traders watching the DeFi sector’s largest decentralised exchange protocol. On the daily chart, CRV has been contained within a descending channel since late 2025, with the upper trendline aligning with the Supertrend at $0.2495 and acting as rolling bearish resistance. The lower channel boundary is converging on price near $0.20, leaving a narrowing range that typically precedes a more directional move. The daily MACD shows the MACD line at 0.0005 crossing marginally above the signal at -0.0078, a tentative early stabilisation signal, though volume has not produced any spike that would confirm genuine accumulation behind that reading.…
Filed under: News - @ April 7, 2026 1:22 am