Canton (CC) rises 4.02% but technical signals remain weak
- —Price at $0.1007, up 4.02% on the day but roughly 1% versus the prior close
- —Volume of $27.77 million, 22.31% above the 30-day average
- —Token sits below SMA-7, SMA-30 and SMA-200; RSI at 40, MACD bearish
- —CC is down 24.78% over 30 days and 48.15% below its all-time high
Why it matters: Higher volume has not confirmed a trend reversal; without reclaiming key moving averages, the move remains a bounce within a downtrend.
Source: DiarioBitcoin