- CRV breaks a multi-year descending triangle with strong volume, confirming a major bullish reversal and signaling a new market cycle ahead.
- Sustained price action above the 100-day moving average and formation of higher highs and lows positions CRV for significant future gains.
- Long-term projections highlight key resistance targets at $1.49, $2.19, and $2.70 as CRV advances through a major early recovery phase.
According to crypto analyst Rose Premeum Signals, Curve DAO Token (CRV) is showing powerful bullish momentum after a major technical breakout. Currently, CRV trades at $0.6894, up 14.90% in the latest session. Moreover, the price holds firm above the 100-day moving average, signaling sustained strength. The next immediate resistance lies at $0.78, with higher targets set at $1.05, $1.30, and even $2.90. Consequently, the technical outlook for CRV points to a promising upward trajectory in the coming months.
Symmetrical Triangle Breakout Sparks Bullish Momentum
CRV broke out of a multi-year descending triangle pattern, which formed between 2022 and 2025. The breakout, highlighted by increased volume, marks a critical shift in market sentiment. Besides, CRV’s price now trades confidently above the former resistance, reinforcing bullish continuation patterns.
The descending triangle pattern had consistently capped CRV’s price, pushing it lower over three years. However, the recent breakout punctured this bearish structure. A yellow circle on the chart emphasizes this breakout moment. Additionally, CRV’s all-time high of nearly $6.00 in early 2022 contrasts sharply with the multi-year downtrend that followed.
Moreover, after the breakout, CRV briefly surged towards $1.20 before consolidating near $0.60. Hence, the current price action indicates healthy consolidation before further upward movement. Historical data also shows CRV experienced tighter price ranges in 2023 and 2024, fluctuating between $0.30 and $0.70.
Long-Term Projections and Technical Structure
CRV’s technical structure now suggests the completion of a major bottoming phase. Moreover, the token has consistently posted higher highs and higher lows since the early 2025 breakout. Consequently, this signals a robust early recovery stage in a new market cycle.
Blue arrows project future targets at $1.4964, $2.1910, and $2.7064. These levels serve as critical resistance zones in the upcoming cycles. Additionally, the broader price action reflects a full market cycle from the 2022 peak to a deep trough and now early recovery. Besides, CRV’s current price is more than double its late 2024 lows. Hence, long-term prospects appear increasingly favorable.
