Bittime - Nervos Network (CKB) experienced a significant decline in the last 24 hours, weakening 10.08% against the US Dollar. The crypto market as a whole also underperformed, with total market capitalization down 5.93% in the same period.
CKB's performance against BTC was also not encouraging, recording a decline of 9.56%.
Also read: Nervos CKB and OneKey Launch Hardware Wallet
Check Today's Crypto Market:
CKB Price Prediction
Despite an impressive 298.70% gain in the past month, Nervos Network price prediction by Kevin Cryptonomist predicts a further decline of 9.02% in the next five days.
The price is predicted to reach $0.017177 on March 12, 2024 .
Also Read How To Buy Crypto:
Contradiction Analysis
Based on the Fear & Greed index which is at 82 (Extreme Greed), market sentiment towards Nervos Network is currently bullish (optimistic). However, this can also be an indicator that the market is at a saturation point (overvalued).
Level Support dan Resistance
Investors need to pay attention to important support levels namely $0.017236 , $0.015356 , and $0.013175 .
Conversely, resistance levels to watch out for are $0.021298 , $0.023479 , and $0.025359.
Also Read CKB Price Moves to $0.0225: What's the Cause?
Conclusion
Although the current predictions for Nervos Network are bullish, the crypto market is known for its uncertainty and high volatility. Investors should continue to monitor market sentiment, support and resistance levels, and other metrics before making investment decisions.
How to Buy Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Read Also
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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