Canton (CC) Jumps 7.88% to $0.1147 as BitGo Expands Custody
- —CC gained 7.88% to $0.1147, with an intraday high of $0.11597
- —Volume of $24.9 million was 10.91% below the 30-day average
- —Price sits above SMA-7 and SMA-90 but below SMA-30 ($0.1192) and SMA-200 ($0.1323)
- —CC is down 26.67% year-to-date and 40.92% below its all-time high
Why it matters: The rally lacks volume confirmation and MACD remains bearish, so a sustained break above SMA-30 is needed to signal a trend reversal.
Source: DiarioBitcoin