the sharp turn of the brass into the crimp can apply enough force ..
I'd say possible, so can, not "will", and I think its something that would depend on the dies and brass involved.
I'm well aware of the results of "overcrimping" and the bulged (even buckled) brass that can result, but I wonder, if, specific to the matter of crimping the slightly smaller diameter .454 it will be enough to do that.
I'd guess it would be a trial and error thing with the brass and dies you have in order to find out. Like the needed amount of crimp. A setting that works with one load level might not be enough to hold at a higher recoil level, but the only way to know how much is enough is to shoot and see the results.