CRV Price Drops 5.34% to $0.96 as Profit-Taking Follows Massive 79% Rally
Caroline Bishop
Jul 30, 2025 11:59
CRV price retreats to $0.96 after massive weekly surge, with technical indicators showing mixed signals as traders take profits from recent 79% rally.
Quick Take
• CRV currently trading at $0.96 (-5.34% in 24h)
• CRV RSI at 60 shows neutral momentum after overbought conditions
• Profit-taking pressure emerges following last week’s explosive 79% rally
What’s Driving Curve Price Today?
The CRV price is experiencing a technical correction today, retreating 5.34% to $0.96 as traders capitalize on profits from last week’s remarkable performance. This pullback comes directly after CRV’s massive 79% weekly surge that pushed the token to $1.01 just two days ago.
The recent price action reflects a classic pattern of profit-taking following an explosive rally. Despite the current decline, CRV price remains significantly elevated from its previous levels, with the token still trading well above key moving averages. The 24-hour trading volume of $49.5 million on Binance spot market indicates strong ongoing interest, though the immediate momentum has shifted bearish.
Market participants are now closely watching whether this represents a healthy consolidation or the beginning of a deeper retracement from the recent highs.
CRV Technical Analysis: Mixed Signals After Rally
The Curve technical analysis reveals a complex picture as momentum indicators provide conflicting signals. CRV’s RSI currently sits at 60, having cooled from overbought territory above 70 during last week’s surge. This neutral RSI reading suggests the immediate selling pressure may be stabilizing.
However, CRV’s MACD presents a more concerning picture with a bearish histogram reading of -0.0054, indicating weakening bullish momentum. The MACD line at 0.0977 remains above the signal line at 0.1031, but the narrowing gap suggests potential bearish crossover ahead.
The moving average structure remains overwhelmingly bullish for Curve. CRV price trades above all major EMAs, with the EMA 12 at $0.96 providing immediate support. More significantly, Curve’s SMA 20 at $0.91 and SMA 50 at $0.70 demonstrate the strength of the underlying uptrend.
CRV’s Bollinger Bands show the token trading in the upper portion at 0.5847, indicating continued bullish bias despite today’s pullback. The Stochastic oscillator presents mixed signals with %K at 20.98 suggesting oversold conditions, while %D at 48.95 remains in neutral territory.
Curve Price Levels: Key Support and Resistance
Based on Binance spot market data, CRV faces immediate resistance at $1.16, which coincides with both the recent high and strong resistance level. This level represents approximately 21% upside from current prices and will be crucial for bulls to reclaim.
Curve support levels appear well-defined, with immediate support at $0.59 representing a significant 39% downside buffer. However, more relevant short-term support likely exists around the EMA 12 at $0.96 and the psychological $0.95 level that marked today’s low.
The pivot point at $0.98 serves as a key battleground level. CRV price action around this level will likely determine near-term direction, with a reclaim potentially signaling renewed bullish momentum.
For longer-term perspective, Curve’s strong support at $0.49 represents the major floor level, while the 52-week high at $1.25 remains the ultimate resistance target for bulls.
Should You Buy CRV Now? Risk-Reward Analysis
For aggressive traders, the current CRV price offers an intriguing risk-reward setup. The 5.34% pullback may represent a buying opportunity for those who missed the initial 79% rally, particularly with CRV RSI cooling from overbought levels.
Conservative investors should wait for clearer signals. The bearish MACD histogram suggests momentum could continue weakening, potentially offering better entry points near the $0.91 SMA 20 level or lower.
Swing traders might consider a scaled approach, with initial positions around current levels and additional buying if CRV price drops toward $0.91. Stop-loss levels should be set below $0.89 to limit downside risk.
Day traders should focus on the $0.96-$1.02 range, using the EMA 12 as dynamic support and yesterday’s high as resistance. The elevated volatility, measured by ATR at $0.09, provides opportunities for quick profits but requires strict risk management.
Conclusion
CRV price faces a critical juncture as profit-taking pressure tests the sustainability of last week’s explosive rally. While technical indicators show mixed signals, the overall trend remains very strong bullish according to Curve technical analysis. Traders should monitor the $0.96 support level closely, as a hold here could set up another leg higher toward $1.16 resistance, while a break might signal deeper retracement toward $0.91. The next 24-48 hours will likely determine whether this represents healthy consolidation or the start of a more significant correction.
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