Curve DAO Token’s $CRV: Is a Bull Run Imminent?

Crypto analyst CredibleCrypto is bullish on Curve DAO token ($CRV), predicting a potential upside following Elliott Wave analysis. After marking a new all-time high, the token appears to be in a corrective subwave before an anticipated acceleration. The analysis indicates local lows near $0.455 offer key support, with a break below invalidating this bullish setup. Meanwhile, targets of $0.83 are expected in the short term. 2025 roadmap for Curve Finance, including Yield Basis and Bitcoin integration, is seen as bolstering the DeFi platform’s dominance, with price forecasts to potentially reach $5.37. This follows a recent rally from $0.725 to $0.7739, showing a 6.7% gain in just two days. CredibleCrypto highlights historical DeFi pumps where liquidity protocols like Curve have led the charge and predicts subwave 2 is poised for rapid acceleration after a corrective phase. The chart suggests potential upside based on technical signals in Elliott Wave theory. However, some risks remain, including the volatility of Bitcoin and the possibility of $CRV reaching a flat subwave before rebounding to $0.60. While traders should watch out for key resistance levels like $0.80 and $1.00, this surge could offer substantial gains if validated. 2025 Roadmap: The DeFi platform is set to expand its reach with features like Yield Basis that will draw institutional interest. While there are risks, the current positive signals point to a strong bullish trend in the Curve DAO token.