CKB/USDT - Nervos Network: BBand Breakout◳◱ On the $CKB/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.003212 | 0.003398 | 0.003889 and support near 0.002721 | 0.002416 | 0.001925. Entering trades at 0.003232 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Nervos Network
▣ Rank: 256
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Nervos Network is a public blockchain and collection of protocols that aim to solve the scaling limitations facing traditional networks like Bitcoin and Ethereum. Nervos' blockchain is a layer-1 protocol that uses Proof-of-Work (PoW) consensus and supports smart contract development. It also consists of a series of layer-2 scaling solutions to facilitate high-volume use cases. Nervos' native token (CKByte or CKB) allows users and developers to claim storage space on the Nervos blockchain in proportion to their holdings.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.003232 ₮
▣ 24HVol: 4,794,419.814 ₮
▣ 24H Chng: 5.277%
▣ 7-Days Chng: 11.70%
▣ 1-Month Chng: 19.04%
▣ 3-Months Chng: 10.47%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.003212 | 0.003398 | 0.003889
◢ Support: 0.002721 | 0.002416 | 0.001925
◱◳ Indicators recommendation :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 5.44
▣ Last 90D: 1.40
▣ Last 1-Y: 0.42
▣ Last 3-Y: 0.62
◲◰ Volatility :
▣ Last 30D: 0.45
▣ Last 90D: 0.52
▣ Last 1-Y: 0.95
▣ Last 3-Y: 1.30
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.56 - Bullish
▣ Reddit sentiment score is 0.57 - Bullish
▣ In-depth CKBUSDT technical analysis on Tradingview TA page
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