Curve DAO targets $0.30 – Can a 15% OI surge fuel CRV’s rally?

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Curve DAO extended its bullish run after breaking above the $0.26 resistance level on August 6th. CRV was trading around $0.266, with Open Interest surging 15% to $57.4 million, suggesting fresh capital entering the market. Long positions account for 58.3% of total exposure versus 41.7% for shorts, giving bulls a clear advantage in the derivatives market. Whale activity adds another bullish signal, with large orders detected at current prices. If the price holds above $0.26, bulls could target the psychological $0.30 level.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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