Curve DAO Gains Momentum: MACD Turns Bullish, Market Cap Climbs Back Above $1B

CRV price gains 1.37% on the 4-hour chart, with MACD and RSI showing increasing momentum and growing buyer participation.

Market cap dipped below $1.01B but sharply recovered to $1.07B, indicating renewed demand and strong V-shaped recovery.

Volume stands at 1.98M, backing the price rise from $0.75, signaling active accumulation during the recent bullish breakout.

CRV Price Analysis points to a crucial technical setup unfolding across timeframes, with traders watching closely for breakout confirmation. The price has compressed inside a falling wedge, while indicators remain mixed and volume behavior shifts.

Falling Wedge Pattern Faces Resistance from Key Moving Averages

Alpha Crypto Signal shared that CRV is forming a falling wedge on the daily chart, typically a setup for bullish reversals. At the moment, the price is at $0.7829 just below the 9 EMA $0.7831 and 50 SMA $0.9102, showing bulls are struggling. CRV is currently at $0.7657, which keeps the short-term outlook under bearish pressure.

The wedge has been narrowing since mid-August, suggesting a possible breakout could happen soon. To change sentiment, CRV needs to close above the $0.80–$0.82 level. Without that, downside risks remain, potentially driving the price to $0.70–$0.65. Volume remains subdued, which is common in wedge setups, but a spike would confirm any real breakout.

Weekly Chart Displays Sideways Channel and Momentum Weakness

The weekly CRV chart on Coinbase shows price action inside a wide sideways channel that has held since early 2023.CRV sits between a buy signal $0.7428 and a sell signal $0.7427, indicating no clear direction. The red volatility band continues to reject price moves, maintaining the range.

Source: Shan Spectre Via X

Relative Strength Index hovers around 50.90, which shows neither extreme buying nor selling. The stochastic oscillator appears to roll over, pointing to potential weakness. The Ranging Strength reads 38.84%, confirming a neutral structure. A weekly close above $1.00 would shift the long-term view into bullish territory.

Short-Term Chart and Market Cap Show Signs of Recovery

On the 4-hour chart, CRV has bounced from $0.75 and now trades at $0.7782, up 1.37% on the day. MACD has made a bullish crossover, and RSI is at 53.76, both show that momentum is building. Volume sits at 1.98 million, supporting the recent upward move.CRV’s market cap from August 28 to September 3 shows volatility followed by a recovery. The market cap rebounded to $1.07B by September 3. This V-shaped bounce signals buyers are active in the market.

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