Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Curve DAO Token (CRV) Price Rallies Into Major Resistance Zone: Can it Break $0.3?

Curve DAO Token (CRV) Price Rallies Into Major Resistance Zone: Can it Break $0.3?

CryptoNewsNetCryptoNewsNet2026/08/11 12:48
By:CryptoNewsNet
Back to the list

Curve DAO Token (CRV) Price Rallies Into Major Resistance Zone: Can it Break $0.3?

Curve DAO Token (CRV) Price Rallies Into Major Resistance Zone: Can it Break $0.3? image 0  coinpedia.org 8 m
Curve DAO Token (CRV) Price Rallies Into Major Resistance Zone: Can it Break $0.3? image 1

The Curve DAO Token ($CRV) price has been rising since the start of the month, attracting nearly 25% in gains. With this, the rally has entered a key resistance area that could determine the next leg of recovery. While fresh positions are entering, it would be interesting to watch whether the price will break this zone, as the rally has faced repeated rejection in the past. Now the question arises whether the bulls absorb the selling pressure and push the $CRV price above this key barrier.

$CRV has broken out of its prolonged $0.18–$0.21 consolidation range and climbed toward the $0.26–$0.29 zone, where the price is now facing repeated rejection. This region is particularly important, as it represents a major order block, with whale activity historically concentrated around these levels. The repeated reactions from the zone suggest that large holders may be actively defending their positions, creating significant selling pressure as $CRV attempts to move higher.

Curve DAO Token (CRV) Price Rallies Into Major Resistance Zone: Can it Break $0.3? image 2

The latest rally has pushed $CRV into this supply zone, but buyers have so far failed to establish a decisive breakout. At the same time, open interest has risen toward $72.5 million, indicating that fresh positions are entering as the token approaches resistance. A sustained move above $0.29 would therefore be crucial, as it would signal that buyers have absorbed the supply within the order block. Until then, another rejection could pull $CRV back toward the $0.23–$0.21 breakout area.

Key Levels to Monitor

  • $0.29 resistance: The immediate barrier and upper boundary of the whale-heavy order block. A decisive close above this level could confirm further upside.
  • $0.33 resistance: The next major target if $CRV breaks above $0.29, marking the next potential supply zone.
  • $0.23–$0.21 support: The key breakout/retest area. Holding this zone would keep the bullish structure intact if $CRV faces another rejection.
  • $0.18–$0.19 support: The major demand zone and previous consolidation base. Losing this area would significantly weaken the recovery setup.

Curve DAO Token ($CRV)’s price breakout has brought it into a key whale-heavy order block, where repeated rejection could limit the upside. A break above $0.29 could open the path toward $0.33, while a rejection may send $CRV back toward $0.21 support.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Jensen Huang: Nvidia chip sales will double next year compared to this year, AI cannot be regulated like social media

Jensen Huang opposes applying social media regulations directly to AI, arguing that social media is a product, while AI is an underlying technology that supports other technologies and products. He believes regulation should target products, not the technology itself. He emphasizes rigorous testing and states that products should be withheld from release if they are not safe enough. "AI safety is of utmost importance."

华尔街见闻2026/09/17 17:46

What to buy after the Federal Reserve raises interest rates? Historically, US energy and technology stocks outperform while real estate lags. Goldman Sachs: The pace of rate hikes determines the US stock market.

U.S. stock performance in the 12 months after the first Federal Reserve rate hike: According to Jefferies, the energy sector led with an average return of 22.4%, followed by information technology at 15.4%. According to Charles Schwab, real estate underperformed the S&P 500 by 4.3%, making it the worst of the 11 sectors. Goldman Sachs states that the pace of rate hikes is the core variable affecting U.S. stocks; currently, if the 10-year U.S. Treasury yield rises by 50 basis points within a month, it will create "rapid rate hike" pressure.

华尔街见闻2026/09/17 17:46

Bank of America Ripple Report Fuels XRP Debate

Cryptonewsland2026/09/17 17:45