Is Nervos Network (CKB) Trending Lower or Higher Sunday?

Nervos Network receives an average short-term technical score of 64 from InvestorsObserver analysis. Our proprietary scoring system considers the recent trading patterns of the coin by looking at the price movement to determine if it is trending in the right direction. CKB holds a better recent technical analysis than 64% of coins at its current price. Investors who are focused on short-term growth and looking for hot and trendy coins will find the Short-Term Rank especially relevant when allocating their assets.

InvestorsObserver is giving Nervos Network a 64 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Nervos Network!

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Trading Analysis

Nervos Network is $0.002729 (27.30%) higher than its 30-day low price of $0.009997028 while also -$0.000178 (-1.38%) lower than its high of $0.01290458 from the past month of trading. Meanwhile, CKB's current price of $0.012726325 is above its average price of $0.011093545 set over the past month of trading, leading to an average short-term technical score. In summation, the recent trading history of Nervos Network suggest that traders are currently neutral on the coin. Nervos Network's market cap of $385,209,347.11 is relatively average for a coin. The market valuation for Nervos Network is relatively average due to the largest 100 cryptos having a market cap above $1 billion and CKB sits underneath that mark but remains above $100 million in market capilization. Meanwhile, CKB's average volume is average with $187,024,872.52 worth of the coin traded over an average 24 hour period. The volume for CKB is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the last 24 hours, CKB's volume is below its usual with $24,698,180.83 exchanged.

Summary

CKB's recent trading over the past month give it an average short-term technical score as its recent price movement give traders reason to be more neutral on the coin in the short-term. Click Here to get the full Report on Nervos Network (CKB).