According to coinmarketcap, the total supply of CTC is around 2B CTC and around 564M of the CTC are in circulation at the moment. It holds the 211th rank according to market cap and has negligible market dominance.
At the time of writing, CTC is being traded at the price of $2.25 with an increase of almost 9.25% in the last 24 hours. The maximum and minimum today are $2.00 and $2.35 respectively. The daily trading volume has decreased by almost 0.45%. CTC had created its ATH in March 2021 and reached a price of almost $9.10. The price during the crash dropped down to a price of almost $1.010 in the month of May 2021. Overall the price is moving to higher highs. In November, we saw a decrease of almost 5.25%. This month, we have seen a decrease of almost 10%.
Technical Analysis – Creditcoin (CTC)
It can be seen, that the price had been consolidating for the while, the price of CTC had been ranging for a while before shooting upwards. This shot upwards created an order block. Now, this order block is on the weekly time frame. The price went on to create five green candles that went up to touch and create a new all-time high.
The price of CTC after that failed to create a new high and dropped down to create a bottom. This resulted in the shift of the structure. The price went down and has created equal lows three times. This means that there is a liquidity blow-up for the grab.
The second-order block that is worth noticing is the one that resulted in the fall of the price. Now what can happen is that the price can drop down to mitigate the order block present below in confluence with the liquidity present below. From there we can rise up to touch the order block present above.
Price Prediction – Creditcoin
CTC is a good investment and is going to provide great returns. Wallet investor considers CTC to be a really good investment as well. According to them, in a year the price is expected to reach a value of $4.364. In five years the price is expected to reach a value of $13.129. Traders on the other hand are very bullish on the price and think that it wouldn’t be long before CTC moves up to create a new ATH.
