CRV Price Breaks Multi-Month Trendline Amid Curve DeFi Expansion

CRV price has broken above a descending trendline that had contained its recovery attempts for months. The token's value moved from below $0.30 at the end of August to around $0.38, with it now testing levels last seen before the latest acceleration.

Curve is expanding across stablecoins, decentralized trading and lending, while a large amount of CRV remains locked and new token emissions continue to decline.

The breakout was followed by a sharp increase in trading activity, with CRV reaching around $0.39 on September 2 before easing toward the $0.37, $0.38 area.

A sustained daily close above $0.40 would confirm that bulls have absorbed the immediate supply and could open the path toward $0.45, followed by the larger $0.50 resistance zone.