Is Curve DAO Token (CRV) Poised for a Bullish Move? Key Fractal Formation Saying Yes!

CoinsProbe2025/10/07 18:33

By:Nilesh Hembade

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

As per its historical October trend, the cryptocurrency market is showing strong upside momentum, with Bitcoin (BTC) and Ethereum (ETH) surging over 10% and 13% respectively in the past week. Riding this market-wide strength, several major altcoins are beginning to display bullish setups — and Curve DAO Token (CRV) is one of the most notable among them.

CRV has climbed by an impressive 18% over the past week, and more importantly, its latest technical structure suggests that a potential bullish breakout could be on the horizon.

Is Curve DAO Token (CRV) Poised for a Bullish Move? Key Fractal Formation Saying Yes! image 0

Source: Coinmarketcap

Broadening Wedge Setup in Play

CRV’s daily chart reveals a large ascending broadening wedge pattern — a structure that often reflects volatility and market indecision. While such formations can sometimes lean bearish, they are also known for generating sharp upside rallies before any potential correction occurs.

Interestingly, CRV’s current setup closely mirrors a previous fractal formation observed in mid-2025. Back then, the token broke out of a falling wedge pattern after reclaiming both the 50-day and 100-day moving averages, leading to a powerful 86% rally that took its price to test the upper resistance line of the wedge.

Is Curve DAO Token (CRV) Poised for a Bullish Move? Key Fractal Formation Saying Yes! image 1

Curve DAO Token (CRV) Daily Chart/Coinsprobe (Source: Tradingview)

Now, history seems to be repeating itself. CRV has once again formed a similar falling wedge pattern and is currently hovering near the upper resistance and the 100-day moving average ($0.8019) — the same technical area where the last breakout began.

Adding further confidence, the RSI indicator has broken out of its downward trendline, hinting at strengthening bullish momentum.

What to Watch Next?

If this fractal setup unfolds similarly to the last one, a confirmed breakout above the 100-day moving average and the wedge resistance could spark a strong upward rally. The potential upside target lies around the $1.60 level, aligning with the upper boundary of the broadening wedge.

However, traders should keep in mind that fractals serve as historical reflections of price behavior — not guarantees. Still, the striking resemblance between the current and past patterns makes CRV one of the most intriguing altcoins to watch this month.

If history rhymes once again, early holders could find themselves well-positioned for a significant upside move.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

After the US October CPI exceeded expectations, Goldman Sachs and Nomura added a forecast for an interest rate hike in March next year, while Deutsche Bank included a forecast for a rate hike in January next year. Currently, the market has fully priced in a 25 basis point rate hike in December, with a 13% probability for a 50 basis point hike. On Wednesday, the US Treasury spot market was closed, but Treasury futures continued to fall, with corresponding yields rising by about 2 to 4 basis points, and spot gold came under pressure, dropping by 1.1%.

华尔街见闻•2026/11/11 21:18

Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

It takes an average of 4.8 years from finalizing investment to starting construction of a data center project, and an additional 2.6 years from construction start to becoming operational. Servers usually cannot be installed until after the building structure and racks are completed. For trade partners such as Taiwan (China), South Korea, and Mexico who rely on US data center supply chain demand, the inertia in construction timelines provides at least a one- to two-year buffer for future exports.

华尔街见闻•2026/11/11 21:18

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?

The main point of contention is whether Williams should step down in June 2028, upon completing a full 10-year term, or in June 2027, when he reaches the mandatory retirement age of 65. Analysts point out that the Federal Reserve Board holds ultimate discretion; if he leaves early, Fed Chair Waller would be able to assert greater control over the appointment to this critical position. However, forcing Williams to shorten his term could easily be interpreted as political manipulation. Williams himself is expected to serve until June 2028.

华尔街见闻•2026/11/11 21:18