CKB (Nervos Network) Market Analysis – May 2025
Current Price: $0.005737
Market Cap Rank: #191
Market Cap: ~$266M
Timeframe: Daily
Exchange Data Source: Binance
Analysis Summary:
CKB has remained largely undervalued, as shown by the Bull Market Valuation Tool, currently sitting around 22% on the valuation index – a strong signal of accumulation potential. Recent pullbacks offer a good entry for buyers who missed the initial move. Historical behavior shows movement from undervalued to overvalued zones often yields strong upside.
Technical Setup:
Support Zone: $0.0052–$0.0055
Entry Zones:
Primary Entry: $0.0055 (retest of pullback)
Aggressive Entry: $0.0052 (strong support)
Target 1: $0.0070
Target 2: $0.0095
Target 3: $0.0190 (Major Bullish Target based on historical peak)
Stop Loss: $0.0048 (below previous low)
Bullish Factors:
1. Valuation Tool: Undervalued at 22%.
2. Market Conditions: Total crypto and altcoin market caps are showing signs of continued upside.
3. USDT Dominance: Dropping, indicating capital flowing back into crypto assets.
4. Bitcoin Dominance: Suggesting a setup for altcoin season.
Conclusion:
CKB is currently showing bullish potential backed by macro indicators and technical structure. Risk-managed entries can offer high reward in the coming weeks if momentum continues.
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