Is it over for $CTK ?
Yesterday, CTK took over the lead on Binance top GAINERS, here is the fundamental tip:
According to Odaily, on May 31, 2024, leading Web3.0 security company CertiK announced the establishment of CertiK Ventures. The new venture is committed to supporting on-chain platforms and technological innovation. CertiK Ventures plans to leverage CertiK's expertise in blockchain security to provide support and resources to its investment portfolio, promoting the safety and sustainable development of Web3.0.
Don't also forget that Binance also had announced its support for the CTK token 6months ago, the downside looks exhausted giving way for a rally on the ctk market.
Technical Analysis also speak volumes ; 3 days ago, CTK made a swing low at 0.6, a rejection so strong that caused a spike in the price of the token before settling back down to 0.7. At the moment, CTK has solidified it's decision , designing a very bright future on its daily and weekly chart with a strong indication of an impending bullish trend growth.
Technically, CTK is great to hold at its current price of 0.8 with a strong reason to expect the security token to hit $1.2, a 40% move from where it is right now.
