- CRV price has surged 16.77% in 7 days, showing signs of early accumulation.
- Spot buying increases as futures volume declines, hinting at real demand.
- CRV dominates DEX token mindshare with 10.16%, just behind Hyperliquid.
Curve DAO Token (CRV) is heating up, soaring this week on growing spot demand despite cautious futures. With strong support building, the market waits to see if CRV can sustain its rise or face a pullback.
Price Action Signals Strong Accumulation
CRV is currently trading at $0.7739, up 3.39% in 24 hours and 16.77% over the past week, according to analyst Soul via X. The price has been consolidating in the $0.65–$0.77 range, holding just above a major support zone identified as the “BUY ZONE.”
On the weekly chart, CRV has shown a pattern of long-term decline followed by sharp but short-lived rallies. The current price structure indicates a possible accumulation phase. A clean break above $1.06, the next resistance, could signal the beginning of a trend reversal targeting $1.98 — a potential 150%+ gain from current levels.
Support levels remain at $0.59–$0.65 and $0.29, with the lower band marking key historical demand from 2023 to early 2024. Traders are closely watching the $0.59 mark as a potential stop-loss threshold in case of downside pressure.
Diverging Futures & Spot Activity Raises Caution Flags
Data from the Binance Futures 4H CRV/USDT chart reveals an interesting divergence. While price has been climbing steadily since September 25, aggregated Open Interest (OI) has remained stable around 239 million coins, showing consistent market participation.
However, Cumulative Volume Delta in futures is negative (-165M), suggesting that large players may be selling into strength, possibly absorbing retail demand. This trend hints at a hidden bearish pressure despite the rising price.
Spot Volume Delta is showing a slight recovery at -17.4M, hinting at rising organic buying interest. This growing divergence from futures data often signals an upcoming major move. With funding rates near flat and negative premiums, futures traders remain cautious, even as prices edge higher—suggesting mixed market sentiment.
CRV Captures Major DEX Token Mindshare
Curve DAO (CRV) is making waves with a 10.16% share in the 24-hour DEX Token Mindshare chart, second only to Hyperliquid. It’s outpacing big names like Uniswap, Jupiter, and PancakeSwap, sparking buzz across the market.
This surge in attention likely stems from recent price moves, whale activity, or key governance shifts. If spot interest holds up and sentiment stays strong, CRV might keep climbing—but traders should watch for cooling signals like volume dips or OI pullbacks.
