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<ul class="wp-block-list news-points">
<li><strong>Crypto Analyst AltCryptoGems is Feeling Bullish on CRV, Pointing to a “Perfect Retest and Pump” off a Key Support Level</strong></li>

<li><strong>He Highlights a Classic Uptrend Confirmation and is Watching for a Break Above a Long-Term Trendline Around $0.58</strong></li>

<li><strong>The Analyst Thinks This Pattern Could Shape Up into a “Round Bottom” Formation, Potentially Setting the Stage for a Move Towards $0.60+ Resistance</strong></li>
</ul>

<p>Crypto enthusiasts, take note!  Popular analyst AltCryptoGems is highlighting Curve DAO Token (CRV), the token powering the Curve Finance ecosystem, as a potential opportunity in the current crypto landscape.  He's specifically called out a bullish stance on CRV, pointing to its recent bounce back from a crucial support level, describing it as textbook "retest and pump" action.</p>

<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"><p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24CRV&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$CRV</a> remains one of the best charts out there.</p><p>I've been bullish about this for a while, as you can see. </p><p>Now we also got the perfect retest and pump.</p><p>I'm still bullish on this. The next stop is that resistance and the real stress test.</p><p>Team <a href="https://twitter.com/CredibleCrypto?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@CredibleCrypto</a> 🤝… <a href="https://t.co/35sW7aK2Hk" target="_blank" rel="nofollow">pic.twitter.com/35sW7aK2Hk</a></p>— Sjuul | AltCryptoGems (@AltCryptoGems) <a href="https://twitter.com/AltCryptoGems/status/1907010051761377522?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">April 1, 2025</a></blockquote>
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<p>To illustrate his point, the analyst shared a snapshot of CRV/USD’s 4-hour chart, directing attention to areas where the price punched through significant resistance levels.  According to his analysis, these breakouts suggest building bullish momentum based on the chart patterns he's observing.</p>

<p>His breakdown of the chart further reveals that CRV’s price spent a good chunk of February and March consolidating within a specific range before this recent upward movement took hold.</p>

<p><strong>Related: </strong><strong>Early Moves Pay Off as XRP, CRV, and WIF Stabilize at Lows</strong></p>

<h2 class="wp-block-heading" id="h-analyst-sees-classic-uptrend-confirmation">Analyst Sees Classic Uptrend Confirmation</h2>

<p>While CRV had been trading sideways within that range, the analyst points out that recent price action in late March signaled what he sees as a textbook uptrend confirmation. This played out as the price broke past previous resistance, successfully flipped that resistance into solid support, and then retested that new support level before continuing its climb.</p>

<p>AltCryptoGems views this particular break-and-retest pattern as validation of a bullish short-to-medium term outlook for CRV. He's now eyeing the upper boundary of the previous trading range as the next major resistance hurdle to gauge the altcoin's strength.</p>

<p><strong>Related: </strong><strong>Why Are LUNA, CRV, GMT, and FTT Experiencing a Surge? Key Insights for Newcomers</strong></p>

<h2 class="wp-block-heading" id="h-crv-price-action-and-key-levels">CRV Price Action and Key Levels</h2>

<p>Data from TradingView at press time (early April 1) showed CRV hovering around $0.5327, having slightly retreated from a daily peak of $0.5775 reached earlier in the day.</p>

<p>Interestingly, that daily high precisely matched a significant long-term downtrend line stretching back from the cryptocurrency’s previous high near $1.34 in December 2024.</p>

<p>For CRV to set its sights on the $0.6064 resistance level next, a decisive break above this multi-month trendline is crucial.  Clearing that hurdle could potentially open the door for the token to enter a wider trading range, possibly accompanied by increased price swings.</p>

<h2 class="wp-block-heading" id="h-analyst-outlook-confidence-despite-choppy-market">Analyst Outlook: Confidence Despite Choppy Market</h2>

<p>Even though AltCryptoGems is encouraged by CRV’s recent positive chart signals, his overall outlook suggests a broader confidence in its future upside potential.</p>

<p>He acknowledges the current crypto market's somewhat indecisive direction, characterizing its recent behavior as "slow and choppy."</p>

<p>However, the analyst previously highlighted CRV's climb above the $0.45 price point as an early and important indication that bullish momentum might be building.  He now believes the chart setup could be solidifying into a “round bottom” formation – a pattern often watched by technical analysts as a potential precursor to more significant upward price movements.</p>

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                                    <p><strong><em>Disclaimer: </em></strong><em>The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.</em></p>
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Source: coinedition.com