CKB is forming an interesting consolidation pattern above its falling wedge on the daily timeframe. The recent retest of support levels shows solid holding power, which typically signals strong underlying demand returning to the market.
If this bullish structure breaks decisively, we could see CKB make a significant move upward. Current price targets for this rally are sitting around $0.0059 — representing meaningful upside from current levels. The key here is watching whether the consolidation phase can maintain its integrity and eventually trigger that breakout move.
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ProposalManiac
· 3h ago
Consolidation above the wedge? Wait, how long can this pattern last? Historically, such breakouts are often followed by a sudden crash.
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NotAFinancialAdvice
· 3h ago
Haha, finally someone understands this pattern. 0.0059 is not a dream, right?
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CrossChainBreather
· 4h ago
If CKB can really break through this time, that would be great. 0.0059 feels a bit uncertain.
CKB is forming an interesting consolidation pattern above its falling wedge on the daily timeframe. The recent retest of support levels shows solid holding power, which typically signals strong underlying demand returning to the market.
If this bullish structure breaks decisively, we could see CKB make a significant move upward. Current price targets for this rally are sitting around $0.0059 — representing meaningful upside from current levels. The key here is watching whether the consolidation phase can maintain its integrity and eventually trigger that breakout move.