The current price of $NKN /USDT is $0.0414, showing a significant increase of 20.35% over the last 24 hours. The price has reached a high of $0.0437 and a low of $0.0333 during this period.
In the last hour, there has been a further increase of 3.76%, indicating strong momentum and buying interest in the market.
Here’s a summary of the longer-term performance:
Today: +12.50%
7 Days: +7.53%
30 Days: +62.99%
90 Days: -33.01%
180 Days: -35.11%
1 Year: -65.50%
These figures highlight a robust recovery over the past month, although the longer-term performance shows declines over 90 days, 180 days, and one year.
The order book indicates a strong demand with a buy-sell ratio of 75.76% buyers to 24.24% sellers, suggesting that bullish sentiment is prevalent in the market.
Traders should keep an eye on key resistance levels around $0.0430. If the price can break through this level, it may lead to further gains. On the downside, support levels near $0.0400 could provide stability if a pullback occurs.
Overall, the current market sentiment appears positive, and traders may consider leveraging this upward momentum while remaining cautious of potential fluctuations.