Date: Fri, Sept 13, 2024, 11:03 AM GMT
In a remarkable turn of events today, the Nervos Network (CKB) has experienced a massive surge in the cryptocurrency market. Over the past 24 hours, CKB has skyrocketed by more than 50%, pushing its current trading price to $0.01379. This surge follows the exciting announcement of CKB’s listing on the popular Korean exchange, Upbit, which has catapulted the token into the top 100 cryptocurrencies by market capitalization.
The listing on Upbit officially went live today at 19:00 KST, and the impact was immediate. The market cap of CKB surged by an impressive 55%, reaching $623 million, while the 24-hour trading volume exploded by a staggering 1,841%. This strong market activity highlights the growing interest and confidence in Nervos Network’s potential.
More Gains Ahead?
From a technical perspective, CKB has just achieved a significant breakout by surpassing the resistance level of $0.01284. The token is currently in the process of retesting this breakout, holding steady at $0.01379. If this retest is successful, CKB could be set to climb to its next resistance levels at $0.015 and $0.018—potentially another 35% increase from its current position.
Given the current momentum, many traders and analysts are optimistic about CKB’s prospects. If the market continues to respond positively, more gains could certainly be on the horizon for Nervos Network.
As always, while the outlook appears promising, investors should stay informed and consider all factors before making any trading decisions.
Disclaimer:
The information provided in this article is for informational purposes only and should not be considered financial advice.