When Will the CRV Correction End? | Credit: Hameem Sarwar
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Key Takeaways
Curve DAO (CRV) trades inside a symmetrical triangle.
CRC could break out from a short-term descending wedge.
Has CRV reached a bottom, or will the price fall further?
Curve DAO (CRV) has been one of the most volatile DeFi tokens in recent months, alternating between explosive rallies and steep pullbacks.
Traders are now eyeing whether the consolidation will lead to a breakout or a deeper correction.
If CRV can break out of its wedge, it will confirm the start of a bullish trend reversal.
CRV Price Analysis
The weekly time frame CRV analysis shows that the price has increased since it broke out from a descending resistance trend line in November 2024.
At first, the surge was parabolic, leading to a high of $1.34 in December, an increase of nearly 500% since the pre-breakout levels.
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Momentum indicators are also in neutral territory. The Relative Strength Index (RSI) is at 50 while the Moving Average Convergence/Divergence (MACD) is positive but has nearly made a bearish cross.
As a result, the CRV price prediction for the rest of 2025 is unclear based on the weekly time frame alone.
Let’s look at a lower time frame to determine what will happen next.
Bullish CRV Prediction
There are two possibilities for the future CRV trend, based on the wave count and daily price action.
The bullish one hinged on the fact that CRV has decreased inside a descending wedge since its July highs.
The descending wedge is a bullish pattern, so a breakout from it is likely.
Adding to the bullishness, the correction contains an A-B-C structure where waves A and C have the same length, and the entire correction has ended at the 0.618 Fibonacci retracement support level.
Finally, the RSI and MACD have generated bullish divergence, giving the finishing touches to the bullish CRV prediction.
A breakout from the wedge will confirm this is the correct count and could lead to much higher prices.
Bearish CRV Prediction
The bearish count plays with the symmetrical triangle analyzed in the weekly time frame.
It aligns better with the price action, since CRV has fallen under the $0.85 horizontal support area, which will now provide resistance.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
