Crypto Market News for Today—CRV, MKR, CFX Spike While MOVE, IP and Hype Face Huge Losses

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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. 

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