In the last 24 hours, Chainbase ($C ) has increased by 5.46%, outpacing the overall cryptocurrency market growth (+0.17%). Here are the main factors:
Technical rebound – signals of RSI oversold conditions and bullish moving average crossover.
Sharp increase in volume — trading volume over 24 hours rose by 51.5% to $28.69 million, indicating renewed interest.
Altcoin rotation – Capital has shifted towards lower market capitalization as the altcoin season index rose by 11.1%
The rise of Chainbase $C reflects technical recovery, speculative volume, and altcoin rotation, although a 30-day decline of 36.3% indicates ongoing risks. #Chainbase @Chainbase Official
