Felix Pinkston
Aug 09, 2025 06:33
CRV trades at $0.96 (+2.79% daily) after 85.25% monthly surge driven by record 40,000 active users and 140M token lockup, with technical indicators showing bullish momentum.
Quick Take
• CRV currently trading at $0.96 (+2.79% in 24h)
• Curve technical analysis reveals very strong bullish trend with RSI at neutral 57.30
• Record 40,000 monthly active users drove 85.25% price surge over past 30 days
• 140 million CRV tokens locked in past 45 days signals strong community commitment
What’s Driving Curve Price Today?
The CRV price surge continues to build momentum following this week’s explosive growth in user adoption. On August 8th, Curve Finance announced reaching 40,000 monthly active users for the first time in its history, marking a significant milestone that coincided with an impressive 85.25% price rally over the past month.
This user growth represents more than just numbers – it demonstrates real utility and adoption of Curve’s decentralized exchange protocol. The timing of this announcement has provided fresh bullish sentiment for CRV/USDT trading pairs, as increased user activity typically translates to higher trading volumes and protocol revenue.
Adding to the positive momentum, Curve Finance revealed on August 4th that 140 million CRV tokens have been locked over the past 45 days. This substantial token lockup reduces circulating supply and indicates long-term confidence from existing holders. When combined with the user growth milestone, these developments create a compelling fundamental backdrop supporting the current CRV price levels.
CRV Technical Analysis: Very Strong Bullish Signals Emerge
Curve technical analysis reveals an overwhelmingly bullish picture across multiple timeframes. The most striking indicator is CRV’s position relative to its moving averages – currently trading at $0.96, the token sits well above its 200-day SMA at $0.63, representing a massive 52% premium that underscores the strength of the current trend.
CRV’s RSI reading of 57.30 sits comfortably in neutral territory, suggesting room for further upside without entering overbought conditions. This is particularly encouraging for bulls, as it indicates the recent 85.25% rally hasn’t yet exhausted buying pressure. The daily RSI positioning allows for continued momentum without immediate concern about a technical correction.
The moving average structure tells a clear story of trend strength. With CRV trading above both the 7-day SMA ($0.93) and 20-day SMA ($0.96), short-term momentum remains firmly bullish. More importantly, the substantial gaps above the 50-day ($0.76) and 200-day ($0.63) moving averages demonstrate this isn’t merely a short-term bounce but a sustained trend reversal.
However, Curve’s MACD histogram shows a slight bearish divergence at -0.0147, suggesting some near-term momentum cooling. While this doesn’t negate the overall bullish trend, it warrants caution for short-term traders looking for immediate entries.
Curve Price Levels: Key Support and Resistance
Based on Binance spot market data, CRV faces its next major test at the $1.16 resistance level, which serves as both immediate and strong resistance. This level represents roughly 21% upside from current prices and aligns with previous rejection points that could challenge the current rally.
The Bollinger Bands framework provides additional context for Curve support levels. With the upper band at $1.07 and CRV currently positioned at 48.84% within the band range, there’s still technical room for expansion toward the upper boundary before encountering band resistance.
On the downside, immediate CRV support sits at $0.85, coinciding with the lower Bollinger Band. This level represents approximately 11% downside from current prices and would likely attract buyers given the strong fundamental backdrop. More significant Curve support levels emerge at $0.49, which would represent a deeper correction but aligns with the token’s major long-term support zone.
The daily ATR of $0.08 indicates moderate volatility, suggesting CRV price movements of 8-10% in either direction remain within normal ranges for current market conditions.
Should You Buy CRV Now? Risk-Reward Analysis
For momentum traders, the combination of record user growth and strong technical positioning creates an attractive risk-reward setup. The 85.25% monthly gain demonstrates real buying interest, while CRV’s RSI positioning suggests room for further gains without immediate overbought concerns.
Conservative investors might consider dollar-cost averaging approaches, using the $0.85 Curve support levels as potential entry points. The fundamental story of 40,000 active users and 140 million locked tokens provides a solid foundation for long-term value creation, making any technical pullbacks potential buying opportunities.
Aggressive traders could target the $1.16 resistance break, which would likely trigger additional momentum buying and potentially test the 52-week high at $1.25. However, position sizing should account for the substantial gains already realized and the potential for profit-taking pressure.
Risk management remains crucial given CRV’s proximity to yearly highs. Stop-losses below $0.85 would protect against significant trend reversals, while profit-taking strategies around $1.16 could capture gains before potential resistance rejections.
Conclusion
CRV price action reflects genuine fundamental strength, with record user adoption and significant token lockups supporting the current $0.96 valuation. Curve technical analysis confirms bullish momentum remains intact, though some near-term consolidation around current levels wouldn’t be surprising given the substantial recent gains. Traders should monitor the $1.16 resistance level for the next major directional move, while using $0.85 as a key support reference for risk management over the next 24-48 hours.
Image source: Shutterstock
