Is Nervos Network (CKB) trending down or up on Thursday?

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Thursday March 30, 2023 6:28 am | InvestorsObserver Analysts

InvestorsObserver gives Nervos Network an average short-term technical score of 63 from its analysis. The proprietary rating system takes into account the coin’s trading history over the past month to determine the strength of its short-term technicals. Based on these metrics, CKB has currently traded more than 63% of the coins. Investors focused on healthy recent trading patterns should consider the short-term technical ranking system to be more relevant when making investment decisions.

Short term technical - 63
InvestorsObserver gives Nervos Network a short-term technical rank of 63. Find out what that means for you and get the rest of the leaderboard on Nervos Network!

Trade Analysis

Nervos Network is up $0.001669 (49.47%) from its 30-day low of $0.003373984, while -$0.001683 (-25.02%) is below its 30-day high of 0, 00672602 $ is located. Additionally, CKB’s current price of $0.005043232 is above the 30-day moving average price of $0.004760869, resulting in an average short-term technical score. Overall, Nervos Network’s recent trading history suggests that investors are neutral on the coin at the moment. CKB has a relatively average market cap for a coin with a total market value of $202,653,370.29. The market valuation for Nervos Network is relatively average as the top 100 cryptos have a market cap of over $1 billion and CKB is below that mark but has a market cap of over $100 million. Nervos Network’s average volume, meanwhile, is average, with the coin trading at $124,058,292.87 over a typical 24-hour period. The volume for CKB is relatively average as the top 100 cryptos traded have around $100 million worth of crypto over a 24 hour period and a large chunk of the market is worth at least $5 million each day. Over the past 24 hours, CKB’s volume has been below its average at $16,791,299.39.


Nervos Network’s trading over the last 30 days results in an average short-term technical result as recent price action points to more neutral signals for traders in the near future. Click here for the full Nervos Network (CKB) report.

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