Curve DAO (CRV) faces a key resistance zone amid whale accumulation waves

Curve DAO Price (CRV) is striving to break through the important resistance level at $0.433 during Friday’s trading session, after recording an impressive bullish breakout last week. On-chain data signals positive momentum as market sentiment gradually improves, evidenced by “whales” increasing accumulation and the rise in the number of daily active addresses. If the bullish momentum continues and confirms the breakout, CRV is likely to extend its recovery towards the next resistance zone around $0.548.

CRV Whales Take Advantage of Price Corrections

Supply Distribution Data (Supply Distribution) from Santiment supports the bullish scenario for Curve DAO, as some whales have been actively accumulating CRV during recent corrections.

Specifically, whale wallets holding between 10 million and 100 million CRV (green line) have accumulated approximately 33 million tokens since the beginning of January. Conversely, during the same period, wallets holding from 100,000–1 million CRV (red line) and 1–10 million CRV (yellow line) have been net sellers, totaling 29 million tokens.

This movement indicates that mid-sized whales may have faced strong selling pressure earlier in the rally, while larger wallets quickly capitalized on the discounted prices to accumulate CRV.

CRV Supply Distribution Chart | Source: Santiment Additionally, the Daily Active Addresses (Daily Active Addresses) indicator from Santiment also signals positive momentum. This metric reflects network usage: an increase suggests more active on-chain activity, while a decrease indicates waning demand.

Notably, the number of daily active CRV addresses increased from 945 on December 26 to 1,388 on Thursday, the highest since October 14. This sharp rise indicates a clear recovery in blockchain activity for Curve DAO, providing a positive foundation for CRV’s price outlook in the near future.

Daily Active Addresses Chart of CRV | Source: Santiment## Curve DAO Price Forecast: CRV Could Extend Gains if It Breaks Key Resistance

Curve DAO (CRV) officially broke the downtrend line—formed by connecting the peaks since early August—on January 2, then surged nearly 7% over three consecutive sessions. However, the recovery was quickly met with profit-taking pressure as CRV failed to close above the important weekly resistance zone at $0.433, leading to a slight correction back to the 50-day EMA around $0.413. As of Friday, bulls are trying to regain control and seek a decisive breakout above this resistance.

In a positive scenario, if CRV closes firmly above $0.433 on the daily timeframe, the price could extend its upward momentum toward the November 10 high at $0.548—where it converges with the 200-day EMA, serving as a key technical barrier.

Daily ETH/USDT Chart | Source: TradingView Momentum indicators currently favor an uptrend. The Relative Strength Index (RSI) on the daily chart remains around 59, above the neutral 50 threshold, indicating buying pressure is gradually gaining strength. Meanwhile, the MACD indicator has issued a bullish crossover, with expanding green histogram bars above the centerline, further supporting a positive outlook for the price.

Conversely, if CRV closes below the 50-day EMA at $0.413 on the daily chart, selling pressure could intensify, pushing the price lower toward the January 1 low around $0.357.