Curve DAO (CRV) has been facing sustained selling pressure, and current price action reflects a cautious market environment. Price is trading within a critical zone where medium-term sentiment appears to be weakening, and upcoming movements may influence whether the decline extends further or whether early signs of stabilization begin to emerge.

CRV technical analysis

CRVUSD – 1 Day Time Frame

CRV remains in a broader downtrend and is gradually losing a long-term monitored support zone in the 0.35–0.40 range. This area initially managed to absorb selling pressure and acted as a meaningful barrier against further downside. Over time, however, price action has pushed deeper into this zone, indicating diminishing buyer strength.

A daily close below this support was observed, which represented a technically negative development. That move was followed by a relatively swift reaction that brought price back into the zone. This rebound has been supported by the Fibonacci 0.236 level, which is currently functioning as a short-term technical reference point.

If price were to break below this Fibonacci level in the next phase, selling pressure could increase further. Under such conditions, the psychological level around 0.30 would become the nearest area of interest, where a stronger reaction or temporary stabilization could occur.

CRV price target

A sustained close back above the former support zone could carry constructive implications for CRV. Such price behavior would suggest that buyers are beginning to regain influence, potentially allowing for the formation of a local bottom and, in a more optimistic scenario, a broader trend transition.

If this constructive scenario develops, attention would gradually shift toward higher Fibonacci retracement levels above the current price. The most significant area in that context remains the Fibonacci 0.5–0.618 zone, which also aligns with the psychologically important 0.50 level. This region represents a key test of buyer commitment and is likely to play a decisive role in shaping CRV’s medium-term price development.