Nervos Network’s (CKB) Price Surges on Favourable Fundamentals, but Technicals Signal Caution

The native token of Nervos Network, CKB, has seen its price go parabolic in recent weeks, surging over 290% in the last month. This rampant rally comes on the heels of Nervos’ first halving event in November 2023, which reduced CKB mining rewards by 50% similar to Bitcoin’s coded supply reductions. “Nervos Network $CKB had