$C Chainbase (C) Analysis: Short-Term Performance and Long-Term Potential
Chainbase (C) has seen a drop of around 7.66% in the past 24 hours, accompanied by a declining EMA trend and notable selling pressure, indicating profit-taking activity and net capital outflows.
However, technical indicators such as MACD and RSI reveal potential recovery signals, suggesting that buying momentum could return while price volatility is narrowing — a positive sign for traders eyeing short-term rebounds.
In the long term, the community continues to value Chainbase’s role as a core Web3 and AI data infrastructure, especially with no upcoming token unlock events. This reduces supply pressure and strengthens confidence in its sustainable growth.
Could this be a prime accumulation opportunity before Chainbase enters its next growth phase?
