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Canton (CC) Price Analysis – 24-Hour Movement

Current Price and Change

Canton is trading at $0.1199, down 5.1% over the last 24 hours. The token has experienced broader weakness over the 7-day period, declining 7.76% during that timeframe.

Market Metrics

• Market Capitalization: $4.50 billion
• 24-Hour Trading Volume: $7.49 million
• Available Supply: 37.45 billion CC tokens
• 1-Hour Change: +0.26% (minor intraday recovery)

Analysis

The 5.1% daily decline reflects broader market pressure on Canton despite a modest 0.26% recovery in the most recent hour. The relatively low trading volume of $7.49 million against a $4.5 billion market cap suggests limited liquidity during the decline, which can amplify price movements in either direction.

The token's weakness extends beyond the 24-hour period, with a 7.76% loss over seven days indicating sustained downward momentum. This suggests the decline is part of a broader trend rather than an isolated daily event.

Without access to real-time market news or specific catalyst information, the decline appears consistent with general market conditions affecting mid-cap cryptocurrency assets. The risk score of 54.5 indicates moderate volatility characteristics typical of tokens in this market segment.

CANTON (CC) MARKET SENTIMENT ANALYSIS

Overall Sentiment Assessment

Canton (CC) Technical Analysis

Current Price Action

Price: $0.1199
Market Cap: $4.50B
24h Volume: $7.49M
Available Supply: 37.45B CC

Price Performance

Technical Assessment

Short-Term Outlook (Hourly)

• Positive momentum with +0.26% hourly gain suggesting intraday recovery attempts
• Price consolidating near current levels after recent weakness

Medium-Term Outlook (Daily/Weekly)

• Bearish pressure evident with -5.10% daily decline and -7.76% weekly decline
• Downtrend continuation suggests sellers maintaining control
• Price action indicates weakness over the past week

Volume Analysis

• 24h Volume: $7.49M against $4.50B market cap
• Volume-to-market cap ratio indicates moderate trading activity
• Relatively low volume may amplify price movements

Risk Assessment

• Risk Score: 54.54/100 (Moderate risk)
• Positioned in mid-range risk category

Key Observations

Support Consideration: Current price at $0.1199 represents recent trading level; further downside would need to be monitored against historical support zones

Resistance Consideration: Recent highs prior to the 7-day decline would serve as resistance; recovery would need to overcome the -7.76% weekly loss

Trading Activity: Moderate volume suggests caution; breakout moves may require volume confirmation

Note: This analysis is based on current market data. Technical analysis requires ongoing monitoring of price action, volume patterns, and indicator confirmation for complete assessment.