Curve DAO (CRV) has surged to new monthly highs after surpassing $5. At the time of writing, the token was up over 10% in intraday trading, hitting $5.9 in price. CRV also managed to curve through its $4 horizontal resistance and looks set to establish a decisive uptrend in the near term. But how long can this bullish rally go? Well, here are some highlights first:
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The recent surge has put Curve DAO about 20% below its all-time highs this year and could reclaim those heights before New Year’s
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All the technical indicators are bullish, including the short- and long-term moving averages.
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CRV is also trading at an RSI of above 50, something that suggests that it’s on a superb bullish trend.
Data Source: Tradingview.com