After a drop of more than 90%, Nervos Network (CKB) is making little noise, and yet, it could soon accelerate!
CKB Weekly Situation:
*primary bullish dynamics
* in correction since April 2024
*back in a demand zone (green)
Bullish signal:
*retention of $0.0034 at closing
* close above $0.0061
*bullish momentum (break of the trendline on the RSI)
Theoretical targets:
* Fibonacci extensions 2 and 2.618 (between $0.011 and $0.0157)
*3.618 Fibonacci extension at $0.028
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