CRV Surges 34%, Eyes $0.35 as Bulls Test Trend Reversal

CRV has experienced a 34% weekly surge, pushing its price above a multi-month descending trendline and potentially setting up for a larger trend reversal.

The token's move is supported by renewed Curve ecosystem activity and improving DeFi sentiment, as well as the expansion of lending markets through LlamaLend V2, which enables Curve LP tokens to be used as collateral.

A decisive breakout above $0.30 could put $0.35 within reach, with a 27% upside from the current price. However, bulls need to defend the breakout structure if profit-taking emerges, and holding the $0.25-$0.26 zone would keep the bullish thesis intact.