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  • Curve price is contained inside an ascending parallel channel on the 4-hour chart.
  • There is only one critical resistance level at $0.8 that stops Curve from a massive price increase.

Curve has slowly established a robust 4-hour uptrend after hitting a low of $0.485 on November 26. The digital asset faces very little resistance to the upside but must crack a critical level.

Curve price on the verge of a massive breakout

On the 4-hour chart, Curve has established an ascending parallel channel and it’s really close to a breakout. CRV climbed above the 100-SMA, turning it into a support level and it’s now only facing the upper trendline at $0.8 as resistance.

crv price

CRV/USD 4-hour chart

A breakout above $0.8 can quickly push Curve price towards the last high of $0.957. Other long-term bullish price targets include $1.118, $1.511, and $2.104 which would be a 160% price increase from the current one.

crv price

CRV/USD daily chart

The In/Out of the Money Around Price (IOMAP) chart adds credence to this theory as it shows the range between $0.77 and $0.79 as the most significant resistance area where 12 million CRV coins were purchased by 27 different addresses.

crv price


On the other hand, the most significant support area is located between $0.715 and $0.73. A breakdown below this range could quickly drive Curve price towards the lower boundary of the parallel channel at $0.7.