The post Crypto Market News for Today—CRV, MKR, CFX Spike While MOVE, IP and Hype Face Huge Losses appeared first on Coinpedia Fintech News
The crypto markets are consolidating after a small rise as the bulls face fatigue following a minor surge. Bitcoin price surged above $88,000 but has settled above $87,000 despite the rising bearish activity. On the other hand, Ethereum sustains above $2000, while memecoins display some strength as DOGE, PEPE, and FLOKI maintain a strong upswing. However, Movement (MOVE), Story (IP), and Hyperliquid (HYPE) prices face a significant pullback. Meanwhile, some altcoins mentioned below surge with a massive margin, displaying a huge possibility of an extended ascending trend.
Curve DAO Token (CRV) Price Analysis
The CRV price has risen above the parallel channel for the second consecutive time in 2025 but with a massive rise in the buying pressure
The volume is also slowly rising, which could pave the way for a notable ascending trend as the technicals have also turned bullish
On the other hand, the RSI has reached the upper threshold and is attempting to enter the overbought zone
Moreover, the 50-day & 200-MA are positioning themselves for a bullish crossover, called golden cross, which may keep up the bullish trend to reach $0.7
Maker (MKR) Price Analysis
The daily chart of MKR price suggests the bulls have gained massive strength as the token is printing decent bullish candles
The volume that had dropped has begun to rise, hinting towards growing attention of the market participants
On the other hand, the Ichimoku cloud is heading for a bullish crossover that could validate a rise from the bearish captivity
Meanwhile, the rising OBV suggests that the buyers are more active than the sellers, and hence a rise in the price may be expected, leading the levels above $1800
Meanwhile, the altcoins like XRP, AVAX, INJ, etc., and a few more are trying to recover from the previous day’s loss. On the other hand, PEPE, BONK, DOT, SUI, and a few more continue to maintain a strong ascending trend.