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CRV’s 16% Bounce Hints at Potential Reversal but Bearish Trend Persists

CRV’s 16% Bounce Hints at Potential Reversal but Bearish Trend Persists

NeutralCRV logoCRV
CoinOtag logoCoinOtagDecember 24, 20251 min read
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The Curve DAO token (CRV) experienced a 16% bounce from $0.331 to $0.385 after breaking below $0.37, potentially signaling short-term recovery amid a broader bearish trend. However, longer-term indicators suggest continued downside risks toward $0.243 support. CRV's recent 16% surge filled a key imbalance on the 6-hour chart, defying initial bearish expectations. This bounce tested [...]

tors suggest continued downside risks toward $0.243 support. CRV's recent 16% surge filled a key imbalance on the 6-hour chart, defying initial bearish expectations. This bounce tested [...]