Curve DAO Token (CRV) is showing renewed buying interest after retesting a key support zone identified by crypto analyst Alpha Crypto Signal, with an immediate 3% rebound recorded. The token’s broader bullish structure remains intact as it trades above its 20-day and 50-day exponential moving averages, while derivatives data from Coinglass shows 24-hour trading volume rose 29.10% to $102.64 million and open interest increased 1.31% to $116.80 million. Curve is a well-established decentralized finance network featuring stableswap automated market makers, the crvUSD stablecoin, and lending markets, with the token in circulation since August 2020. A daily close above the current support zone could validate further recovery toward $0.39 according to analyst projections, though the target remains dependent on sustained buying pressure.
Alpha Crypto Signal stated that the setup was shared a week earlier, with CRV now touching the highlighted area before recording an immediate 3% rebound. The analyst said the next important confirmation could come from a daily candle close, adding that if CRV maintains its position above the current zone, “the analyst expects the token could begin a larger recovery toward $0.39 in the coming days.”
TradingView data shows that CRV underwent an extended accumulation period during the summer, with price consolidating around the $0.19–$0.23 area. That structure gave way to a bullish expansion in August, sending the token toward a peak near $0.39 before sellers triggered a subsequent pullback.
CRV is currently hovering at $0.348 as investors attempt to establish a new support base after the significant rise. The 20-day EMA sits at $0.338 and the 50-day EMA at $0.301, with the price positioned close to the 20-period Bollinger Band midline at $0.344.
Derivatives data from Coinglass indicates rising market participation, with 24-hour trading volume increasing 29.10% to $102.64 million. Open interest rose 1.31% to $116.80 million, suggesting derivative trading activity is increasing without extreme positioning.
Blockworks highlighted Curve’s stableswap automated market makers, the over-collateralized stablecoin crvUSD, and lending markets. The report noted that the B-1 Token Transparency Filing of the Curve coin did not have any missing information, and CRV has been in existence since August 13, 2020.
