{"id":11188,"date":"2025-09-19T08:09:33","date_gmt":"2025-09-19T08:09:33","guid":{"rendered":"https:\/\/bitunikey.com\/news\/can-curve-dao-price-erase-august-losses-with-its-robinhood-listing\/"},"modified":"2025-09-19T08:09:36","modified_gmt":"2025-09-19T08:09:36","slug":"can-curve-dao-price-erase-august-losses-with-its-robinhood-listing","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/can-curve-dao-price-erase-august-losses-with-its-robinhood-listing\/","title":{"rendered":"Can Curve DAO price erase August losses with its Robinhood listing?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">CRV price is showing signs of a bullish reversal after securing a listing on the popular U.S. trading platform Robinhood.<\/p>\n<div id=\"cn-block-summary-block_dc35aab6bf76e35ced87589f8df45de3\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>CRV price has rebounded after securing a listing on Robinhood.<\/li>\n<li>Curve DAO is currently voting on a proposal to create new avenues of income for CRV holders.<\/li>\n<li>CRV is close to breaking out of a falling wedge on the daily chart.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Curve DAO (CRV) rose nearly 8% to an intraday high of $0.82 before experiencing a cooldown and settling at $0.80 at press time. The token\u2019s rebound comes after it hit a 2-month low at $0.72 during a downtrend that saw its price drop by over 30% from the August high.<\/p>\n<p>CRV price rebounded after <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/RobinhoodApp\/status\/1968664576246890814\" target=\"_blank\" rel=\"nofollow\">securing<\/a> a listing on the popular U.S.-based trading app Robinhood and Robinhood Legend, its browser-based platform for advanced traders. A listing on such a popular exchange with over 25 million users increases the visibility of the token to potential investors and builds confidence among existing holders, both of which can support further gains.<\/p>\n<p>Another major factor that has fueled the token\u2019s gains is a new Curve DAO proposal aimed at generating additional revenue streams for the protocol and its ecosystem.<\/p>\n<p>The proposal, introduced by Curve founder Michael Egorov in August, would see the creation of a $60 million crvUSD credit facility for its new Yield Basis system. Under the new system, CRV holders who stake their tokens on the Curve platform would receive vote-escrowed CRV (veCRV) tokens in return, allowing them to earn income while contributing to protocol governance.\u00a0<\/p>\n<p>As of now, the proposal has received <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.curve.finance\/dao\/ethereum\/proposals\/1206-ownership\" target=\"_blank\" rel=\"nofollow\">overwhelming support<\/a>, with over 97% of votes in favor and five days remaining in the voting period.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h1 class=\"wp-block-heading\">Curve price analysis<\/h1>\n<p>On the daily chart, CRV has been forming a falling wedge pattern, characterized by its price action forming lower highs and lower lows, creating two trendlines that appear to converge since late July. A breakout from such a pattern is typically followed by a strong trend reversal in favor of bulls.<\/p>\n<p>CRV price recently touched the upper trendline, supported by its recent bullish developments, a sign that bulls are potentially preparing for a breakout.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">CRV price has formed a falling wedge pattern on the daily chart \u2014 Sep. 19 | Source: crypto.news<\/figcaption><\/figure>\n<p>A look at the MACD indicator further confirms the possibility of a reversal. Notably, the MACD lines have formed a positive crossover with the signal line. Traders view the crossover a buy signal.<\/p>\n<p>On top of that, the Chaikin Money Flow is now showing a positive reading as more capital and fresh money are entering the market.<\/p>\n<p>Hence, CRV is likely to confirm a breakout from the falling wedge, with the next likely target for the token being the 61.8% Fibonacci retracement level at $0.95. A breakout from this point with strong volume would push the CRV token as high as $1.14, a level that stands 42% above its current price.<\/p>\n<p>On the contrary, a breakdown from the lower trendline would invalidate the setup and likely lead to sustained losses as bears regain control.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CRV price is showing signs of a bullish reversal after securing a listing on the popular U.S. trading platform Robinhood. Summary CRV price has rebounded after securing a listing on&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=11188"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11188\/revisions"}],"predecessor-version":[{"id":11189,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11188\/revisions\/11189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/10420"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=11188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=11188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=11188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}