Markets· ★★· bearish·

Canton (CC) drops 3.05%, trades below all major moving averages

  • —CC trades 50.23% below its all-time high of $0.1941
  • —Daily volume of $26.6 million is 23.62% above the 30-day average
  • —30-day return stands at minus 22.72%
  • —RSI at 36 and stochastic at 5.9% signal weakness but allow a technical bounce
Why it matters: A catalyst-free drop on elevated volume points to seller pressure within a weak altcoin trend.
#CC
Source: DiarioBitcoin
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