Market Overview: Curve DAO Token/Tether (CRVUSDT) 24-Hour Analysis

Wednesday, Dec 17, 2025 12:52 pm ET1min read
Aime RobotAime Summary

- CRVUSDT rebounded from $0.3467 support, forming a bullish engulfing pattern near $0.3550 after a V-bottom reversal.

- RSI remained neutral (45-60) while MACD turned positive, coinciding with 400%+ volume spikes during $0.3600-0.3680 range.

- Bollinger Bands contracted midday before expanding with volatility, as price consolidated above $0.3600 Fibonacci support.

- Key resistance at $0.3645 (78.6% retracement) and retest risk at $0.3550 highlight potential for further momentum or pullbacks.

Summary
• CRVUSDT tested and retested key support levels before a late-night rebound.
• Momentum shifted with the 15:00 ET surge, but RSI remains neutral.
• Volume spiked during 15:15–16:45 ET, coinciding with sharp price swings.
• A bullish engulfing pattern formed near $0.3550, signaling potential reversal.
• Price remained within a tight Bollinger Band contraction until midday.

The Curve DAO Token/Tether (CRVUSDT) pair opened at $0.3676 on December 16, reached a high of $0.3739, dipped to $0.3467, and closed at $0.3592 by 12:00 ET on December 17. Total volume stood at 13.6 million contracts, with a notional turnover of $5.3 million over the 24-hour window.

Structure & Formations


Price carved a distinct V-bottom after hitting the intraday low at $0.3467, with a key bullish engulfing pattern forming around $0.3550. A 50-period moving average (5-min) crossed above the 20-period line near $0.3600, hinting at a short-term trend reversal. The 200-period daily SMA at ~$0.3640 acted as a key hurdle.

Momentum & Indicators


Relative Strength Index (RSI) remained in neutral territory, oscillating between 45 and 60, indicating no overbought conditions. The MACD crossed above zero during the afternoon, aligning with the bullish price action. A bearish divergence was observed in the morning session before the reversal.

Volatility & Volume


Bollinger Bands contracted through midday, then expanded during the 15:15–17:00 ET window as volatility spiked. A late-night volume surge, especially from 15:15 to 17:00 ET, confirmed the break above key resistance. Turnover increased by over 400% during the $0.3600–0.3680 price range.

Fibonacci Retracements


Price found support at the 61.8% Fibonacci retracement level of the December 16 selloff at ~$0.3560, which coincided with a bullish reversal candle. If buyers hold near this level, the next target is the 78.6% level at $0.3645.

Looking ahead, the market appears to be consolidating above $0.3600. A sustained break above $0.3650 could invite further momentum, but a retest of $0.3550 remains a key risk to monitor in the next 24 hours.