Cryptocurrency

Nervos Network

April

<ul>
 <li>#<a href="https://www.coingabbar.com/en/crypto-currency/nervos-network-ckb-prices-usd" title="Nervos Network" class="f-link" rel="noopener noreferrer nofollow">Nervos Network</a> ($CKB) formed a base near $0.00300, initiating an upward rally and yielding returns of nearly 1000%.</li>
 <li>Over the past ten days, CKB surged by 960%, including a remarkable 73% increase in the last two days.</li>
 <li>The breakout is notable as the price breached the neckline of a Double Bottom pattern, indicating significant bullish momentum.</li>
 <li>On April 6th, CKB broke out of its prolonged consolidation zone, spanning from $0.01600 to $0.02500.</li>
 <li>Following the breakout, CKB soared to a 28-month high of $0.03237 before experiencing a minor correction.</li>
 <li>Despite recent attempts, CKB failed to sustain levels above $0.030, leading to a slight price pullback.</li>
 <li>A long-tail daily candle, rejecting from the 78.60% Fibonacci retracement level, suggests the potential for a continuation of the prevailing trend.</li>
 <li>Presently, $CKB is consolidating within the range of $0.026 and $0.028, encountering resistance at $0.030 and support at $0.025.</li>
 <li>As per CKB Price Prediction, If the support level at $0.025 is breached, the next critical support lies at $0.020.</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-prediction" title="Coingabbar analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar analysis</a>, Despite recent retracements, traders may push $CKB above the resistance level at $0.030, potentially aiming for its all-time high of $0.045.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $0.045000-$0.060000
SUPPORT LEVEL : $0.020000-$0.010000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Nervos Network Price Prediction: Is CKB the next Rising Star

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