Curve DAO surges 24% in 7 days: Is $1.16 ahead for CRV? – BitRss

• CRV has surged by 24.79% over the past week.
• With strong bullish sentiment, Curve DAO is well positioned for gains.

After hitting a local low of $0.68 a week ago, Curve DAO [CRV] has maintained a strong upward momentum.

Over this period, CRV has increased by 24. 79% to reclaim the $1 level. Over the past day, the altcoin reached to a high of $1.08. However, it has experienced a slight pullback since then.

In fact, as of this writing, Curve DAO was trading at $0.97. This marked an 8.03% increase on daily charts. Equally, its trading volume increased by 21% to $386 million over the same period.

The current market conditions raised questions about whether CRV is on the verge of a sustained recovery, or whether recent price movements are just mere market corrections.

Is CRV ready for a sustained uptrend?

According to AMBCrypto’s analysis, Curve DAO experienced strong positive sentiments as the downward pressure is dwindled.