Curve DAO Explodes 70% in a Week—What’s Fueling CRV’s Run?

TL;DR

• CRV breaks out of 3-month channel, surges previous $0.85 resistance on heavy shopping for quantity.
• Every day transactions bounce above 10,000, confirming rising community exercise alongside rising value momentum.
• Over 50 million CRV withdrawn from exchanges, signaling potential long-term accumulation.

CRV Breaks Previous Key Value Zone

Curve DAO’s CRV token jumped greater than 22% over the previous day, buying and selling at $0.96. The transfer provides to its 7-day rally of over 70%, putting it amongst this week’s prime performers. Quantity additionally surged, with over $833 million in day by day trades.

Wanting on the chart, there’s a clear breakout from a downward channel that had been in place since early Might. CRV additionally cleared a horizontal resistance space between $0.80 and $0.85. In keeping with market analyst Alpha Crypto Sign,

“So long as CRV holds above the earlier resistance, the momentum stays with the bulls.”

#CRV HTF Evaluation:$CRV has damaged out of a descending channel and cleared the horizontal resistance zone. $CRV exploded with sturdy quantity, confirming a bullish breakout. Now, a retest of the breakout zone would supply a strong lengthy alternative.

So long as $CRV holds above the… pic.twitter.com/0IW43tE57U

— Alpha Crypto Sign (@alphacryptosign) July 17, 2025

Technical Indicators Nonetheless Level Up

The token trades nicely above its 9-day EMA at $0.74 and its 50-day SMA at $0.6116. Each shifting averages are rising, displaying agency upside momentum. The breakout candle closed above resistance, a transfer usually seen as an indication of shopping for energy.

Notably, the subsequent space to look at is a potential retest close to $0.85. If the value holds there, consumers could purpose for a push towards $1.05. Resistance sits round $0.995, whereas help lies at $0.775 and $0.56 primarily based on latest buying and selling ranges.

Transaction Depend Rises with Value

Curve’s on-chain exercise has picked up. Every day transaction rely just lately rose above 10,000, a stage not seen in months. This uptick in utilization matches CRV’s sharp value enhance, reflecting stronger community participation.

Information from early July reveals constant development in community exercise. If this pattern holds, it might assist help CRV’s present valuation and any additional strikes up.

Trade Outflows Recommend Accumulation

Greater than 50 million CRV tokens have been moved off exchanges in latest days, primarily based on CryptoQuant figures. That’s the most important outflow recorded this yr. General, CRV has seen regular withdrawals since January.

Traditionally, massive inflows have been adopted by value drops, whereas outflows have come forward of rallies. With tokens leaving exchanges and costs rising, some merchants imagine long-term holders are positioning forward of potential continuation.