The article discusses the potential for a breakout in the CRV/BTC trading pair of the Curve DAO. Technical indicators suggest a major rally may be imminent, with the current price reflecting a 1.47% increase. The chart shows a descending wedge pattern, often a sign of an upcoming bullish reversal. If Bitcoin reaches $120,000, the projected price for CRV would be $87.60, indicating a potential high-multiple rally. CRV has been trading within a falling wedge since 2021, but a recent breakout suggests the end of the downtrend. The chart also indicates an oversold signal and a classic Elliott Wave structure, further supporting a potential rally. Traders should be cautious of resistance levels and watch for volume expansion and confirmation of price above key resistance zones. The next few weeks will be important in determining whether CRV follows through with its projected rally or faces consolidation.



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