WLD and CRV Approach Key Resistance – Are Major Breakouts on the Horizon?

Date: Wed, March 26, 2025 | 07:05 AM GMT

The cryptocurrency market is showing strong signs of a rebound, with Bitcoin (BTC) and Ethereum (ETH) gaining 5.50% and 6.50% over the past seven days—a promising shift after a rather choppy start to March. As overall sentiment slowly begins to shift in a more positive direction, altcoins like Worldcoin (WLD) and Curve DAO Token (CRV) are starting to show upside momentum.

Source: Coinmarketcap

Both tokens had been under heavy pressure over the past few months, but their current weekly gains and technical setups hint at a potential recovery brewing on the horizon.

Worldcoin (WLD) Analysis

WLD’s daily chart reveals a falling wedge pattern—a classic bullish reversal setup that has been forming for almost a year. The recent correction, which began in early December from the high of $4.18, dragged WLD down over 85%, bottoming out at $0.72 on March 11. This level saw buyers step in to defend key support, signaling a possible trend reversal.

Worldcoin (WLD) Daily Chart/Coinsprobe (Source: Tradingview)

Since then, WLD has rebounded to above of $0.96 and is now approaching the upper boundary of the wedge, as well as the 50-day moving average (MA). If the price breaks out and holds above this resistance with a successful retest, WLD could aim for the 200-day moving average and the $2.80 zone—representing a potential 168% rally from current levels.

The MACD indicator is also showing signs of a bullish crossover, reinforcing the likelihood of a breakout. However, failure to breach resistance could see WLD re-test lower support levels before attempting another move upwards.

Curve DAO Token (CRV) Analysis

On the other hand, Curve DAO Token (CRV) is consolidating within a classic bullish flag pattern. This formation took shape after the token was rejected at the $1.33 resistance level on December 7, leading to a sharp correction. The decline brought CRV down to a low of $0.35 on March 11, where strong buying interest emerged.

CRV Token Daily Chart/Coinsprobe (Source: Tradingview)

Currently, CRV has recovered to $0.55, testing its 200-day MA, and is edging closer to the upper resistance of the flag. A breakout from this formation, followed by a confirmation retest, could pave the way for a move toward the 100-day MA and the $0.8274 resistance zone, representing a potential 49% upside from current price levels.

The MACD is also turning positive, adding further confluence to the bullish outlook.

What's Ahead?

As WLD and CRV approach their respective breakout levels, all eyes are on Bitcoin and Ethereum for confirmation of broader market strength. A sustained bullish trend in major cryptocurrencies could provide the necessary momentum for altcoins to break out from their technical patterns.

Traders and investors should keep a close watch on key resistance levels, volume confirmations, and macroeconomic factors that could influence market sentiment in the coming weeks.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

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