Canton (CC) Jumps 12.3% to $0.118, Hits 90-Day High
- —CC gained 12.3% in 24 hours to $0.118, up 23.15% on the week
- —Price cleared SMA-5, 10, 20, 30, 50 and 90, but stays below SMA-200 at $0.1367
- —Stochastic K% at 100 signals extreme overbought conditions
- —Daily volume of $19.05 million is just 2.87% below the 30-day average
Why it matters: The break above the 90-day average amid overbought conditions raises correction risk, but holding above $0.1198 could open the way to further recovery.
Source: DiarioBitcoin