- Current Market Status of Nervos Network (CKB)
- Technical Analysis and CKB Price Prediction for 2024
- CKB Price Prediction for 2025-2030
In this article, we will review the current market status of Nervos Network (CKB) cryptocurrency, conduct technical analysis, and provide a price prediction for 2024 with perspectives through 2030.
Current Market Status of Nervos Network (CKB)
At the time of writing, the price of CKB is $0.01566. Over the past 24 hours, the price has increased by 1.29%, and the trading volume reached $218,331,888. The market cap is $704,087,015. The all-time high was recorded on March 31, 2021, at $0.04412, and the all-time low was $0.002083 on December 20, 2022.
Technical Analysis and CKB Price Prediction for 2024
According to technical analysis, a descending channel pattern has formed on the chart, indicating a bearish market. As of the current analysis, the price of CKB is $0.015587. If the trend continues, the price might reach resistance levels of $0.017705, $0.036662, and $0.0944701. If the trend reverses, the price could fall to the support level of $0.007210. Resistance and support levels for 2024: - Resistance Level 1: $0.024948 - Resistance Level 2: $0.046733 - Support Level 1: $0.013272 - Support Level 2: $0.007209
CKB Price Prediction for 2025-2030
Using technical indicators, we can predict the following price ranges for the coming years: - 2025: $0.065 (bullish scenario) — $0.0024 (bearish scenario) - 2026: $0.076 — $0.0029 - 2027: $0.045 — $0.0021 - 2028: $0.038 — $0.00356 - 2029: $0.032 — $0.0065 - 2030: $0.056 — $0.0076
Conclusion: Nervos Network (CKB) has the potential for growth in 2024 under favorable market conditions. The forecast suggests that the price could reach $0.046733. In a negative scenario, the price might fall to $0.007209. Future upgrades and improvements in the Nervos ecosystem could help achieve new ATH values.
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