Date: Sat, Sept 28, 2024, 06:49 AM GMT
Nervos Network (CKB) has started to bounce back, regaining bullish momentum after experiencing a significant 22% correction. On September 18th, CKB dropped from a high of $0.020 to a recent low of $0.0016. However, in the past 24 hours, the token has surged by over 10%, reclaiming some of its lost ground.
Major Resistance Lies Ahead
As of now, CKB has risen to $0.001876, approaching a key resistance level of $0.020, where it previously faced rejection. If the current momentum continues and CKB manages to break through this resistance, we could potentially see the token surge toward $0.033 — a 75% upside from its current price.
With the broader cryptocurrency market expected to perform well in October, fueled by historical Q4 bullish trends and a potential new bull run, Nervos Network (CKB) might be primed for a rally.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.