
Following last weekend’s dump that strengthened bearish footings, CRV started this week on a short mode and tested a key level. Fortunately, the level produced support, and the price surged as volume flowed back. The first week of this month was quite depressing as the bears continued to step back into the market. They mounted pressure and pulled the price lower following an increasing volume outflow since late last month. This led to serious panic among investors, but the $0.49 level held well after a rejection, and the price bounced back. Leading to a quick resurge, the price increased significantly above $0.6 following a slight breakout. CRV’s steady surge was triggered by an increasing volume inflow daily. A further increase in this volume could fuel a major bullish rally on a short-term scale. Looking at the price action, it just signaled a reversal with an inverse head-and-shoulder (H&S) breakout on the daily chart. The pattern was formed after primarily establishing support at $0.35 last month. As of now, there’s no room for the bears. If they manage to step back, they must reclaim last month’s low before we can consider an extension. Without any doubt, the bulls are currently in charge. CRV’s Key Levels To Watch Source: Tradingview While it may pull back to the $0.49 level, the latest surge in volatility was supported by the weekly $0.396 low and March’s $0.347 support. A new multi-month low may print at $027 if the price breaks lower. Breaking slightly out of the H&S neckline, the resistance level to watch next in the ongoing surge is $0.762, along with the $0.92 level. Flipping through these levels could bring us straight to $1.1. Key Resistance Levels: $0.762, $0.92, $1.1 Key Support Levels: $0.49, $0.396, $0.347 Spot Price: $0.619 Trend: Bullish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Curve DAO Token eyes higher low as key confluence zone holds

CRV is showing strong potential for a trend continuation after finding support at a major confluence zone. With volume starting to step in and price structure forming a potential higher low on the daily, all eyes are on whether bulls can defend this area and push the chart into the next leg higher. Curve DAO Token ( CRV ) is beginning to show signs of a potential structural shift on the daily timeframe. After a sustained downtrend, recent price action has started consolidating above a zone packed with technical confluences. These zones typically attract strong buyer interest and, when defended successfully, often mark major pivot points. This analysis explores the key levels and signals traders should monitor to confirm the formation of a higher low and the likelihood of a continuation. Key technical points Confluence Zone Support: Price is holding above the value area low, the 0.618 Fibonacci retracement, and a local swing low, suggesting buyers are actively defending this level. Higher Low Setup: A grinding move into the key swing low, followed by a reclaim and sustained hold above it, would confirm strength and trend continuation. Volume and VWAP Alignment: Sustained buy volume, with VWAP aligned to this zone, would add conviction to a potential bullish breakout. Source: TradingView CRV’s current chart structure is building out a classic higher low formation, often seen at the early stages of a bullish trend reversal. What makes this setup particularly compelling is the heavy confluence of key technical levels stacked within one zone. The value area low, derived from volume profile analysis, aligns closely with the 0.618 Fibonacci retracement from the recent leg up. This overlap is further reinforced by a local swing low, giving bulls a solid foundation for defense. Zooming out slightly, this confluence zone sits just above a weekly support/resistance flip, suggesting the market has memory at this level. The ongoing consolidation just above this zone shows that buyers are stepping in, but haven’t made the decisive push just yet. This kind of slow, grinding action often precedes explosive moves, especially if the swing low is taken briefly (a liquidity grab) and then quickly reclaimed. You might also like: Ethereum price bullish pattern points to a 35% surge A key confirmation trigger would be seeing the value area high within the same zone act as support. This would indicate that market participants are not only defending the base, but also comfortable reloading on dips. For this to play out effectively, volume should begin rising steadily as price reclaims and holds above this range. The VWAP, also aligned near the Fib level, adds further weight to the bullish case. What to expect next If buyers continue to defend the current region and push above the value area high with rising volume, CRV could target significantly higher levels in the short term. The structure suggests accumulation, and any reclaim of the local highs may spark a trending move. For now, the focus remains on the higher low being locked in, and if it holds, a breakout could be just around the corner. Read more: SHIB whales eye new viral crypto as 10,000% rally predictions surface NullTx

Get Ready for ADA Coin’s Potential Surge as BTC Stabilizes
ADA Coin shows potential for a 30% price increase according to Ali Martinez. Bitcoin is maintaining a stable price, giving rise to optimism in the market. Continue Reading: Get Ready for ADA Coin’s Potential Surge as BTC Stabilizes The post Get Ready for ADA Coin’s Potential Surge as BTC Stabilizes appeared first on COINTURK NEWS . NullTx