Over the past year, CKB has delivered impressive returns, surging by 450% and providing substantial profits to its investors. Recent price movements indicate a bullish reversal, with key support levels established at lower price points. This has created a solid foundation for potential upward momentum.
Additionally, CKB has broken through significant "change of character" levels, marking a pivotal shift in its trajectory. This breakout was accompanied by a surge in trading volume, reinforcing the strength and reliability of the upward trend. The combination of rising volume and positive price action suggests a more bullish outlook for the cryptocurrency.
In terms of support and resistance, CKB may find support at $0.0125 and $0.0101, while resistance is expected at $0.0240 and $0.0290. These levels will be crucial in determining the next move for this crypto asset.
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