- Curve DAO (CRV) and Aethir (ATH) have broken key resistance levels, signaling the start of potential double-digit rallies.
- Bullish momentum indicators and rising on-chain metrics support the case for further upside in both tokens.
Curve DAO (CRV) and Aethir (ATH) are flashing strong bullish signals after breaking free from prolonged downtrends. Both altcoins recently shattered key resistance levels, setting the stage for potential double-digit rallies in the days ahead.
Curve DAO Targets $0.69 as Bulls Step In
Curve DAO’s price is up 5.7% in the past 24 hours, now trading around $0.59 after a breakout above a descending trendline that had capped gains since December. More significantly, CRV closed above its 200-day Exponential Moving Average (EMA) at $0.54—a classic technical milestone that often heralds trend reversals.
Momentum is clearly building. The daily Relative Strength Index (RSI) reads 61, showing bullish strength without yet being overbought. Meanwhile, a bullish crossover on the MACD indicator further confirms upward momentum. If this trend continues, CRV could climb another 17% to test the $0.69 resistance level. A close above that could open the door for a 20% surge toward the January 31 high of $0.83.
Fueling this optimism is on-chain data. Open interest (OI) in CRV futures has surged from $102 million to $167 million since Monday, according to Coinglass—marking the highest level since early February. This spike suggests fresh capital is flowing into CRV, adding weight to the bullish narrative.
Also read: Bitcoin and Ethereum Show Weakness as XRP Holds Strong: Price Prediction Analysis
Aethir Shows Strength as Activity Spikes
Aethir (ATH) is also showing signs of life. After consolidating gains near $0.031, the token has closed above a long-standing descending trendline and reclaimed the key $0.030 support level. A sustained move from here could send ATH 16% higher to challenge the March 26 high at $0.036. A further breakout might push prices to $0.040, marking an 11% additional upside.
Technicals are aligning here, too. Thursday’s bullish MACD crossover provides a buy signal, while the RSI flirts with the 50 mark—signaling possible momentum shifts. Most compelling, however, is the 39% spike in Daily Active Addresses over the past four days, per Santiment. Increased user activity often precedes price rallies, and ATH’s network appears to be heating up.
CRV and ATH are showing textbook breakout behavior, backed by solid technical and on-chain fundamentals. If current momentum holds, both tokens could be on track for notable gains in the short term.
