Crypto Market Movers: FUN Token, CTK Token Surge in Last 24 Hours
FUN Token +9.46%
FUN Token, the native cryptocurrency of the FunFair platform, has seen a notable price surge recently, trading around $0.01013 with a 12% increase over the last 24 hours. This uptick follows the launch of a new deflationary model, a CertiK security audit, and an upgrade to an immutable contract.
#FUNToken is focused on revolutionizing Web3 gaming by providing a decentralized platform for online casino games. The recent deflationary model aims to reduce token supply over time, potentially increasing scarcity and value. The CertiK audit and contract upgrade enhance security and trustworthiness, attracting more investors and users.
Given the strong fundamentals and technical improvements, FUN Token’s price momentum is likely to continue in the short term. However, traders should watch for market volatility typical of gaming tokens. A sustained rise above $0.011 could signal further bullish trends.
Detailed technical indicators analysis for FUN/USDT:USDT
FUN/USDT:USDT – Score: 7, Price: 0.010922
Scalping Potential: Low, Confidence: Low
⚫ Entry Rating: Poor, Best Timeframe: 15m
Bullish Signals: 3
Entry condition analysis
- RSI Zone: Good entry zone
- Pullback: ❌ None
- Support Bounce: ❌ None
- Volume Pattern: ❌ Poor
- Risk/Reward: ❌ Poor
- Trend Change Signals: ⚪ Weak
- Bullish Divergences: ❌ None
- Price Pattern: ⚪ Consolidation
⚠️ Warning signals
- 🟠 Resistance Proximity (Medium Risk, 15m): Price is near resistance without sufficient volume for breakout on 15m chart – Resistance at: 0.01111200 (1.75% away)
Timeframe analysis
— 15m Timeframe (Score: 4) —
- RSI: 53.85 (rising, neutral) – Bullish
- MACD: Histogram: -0.00012631133721955 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.3573310088817 above average – Neutral
- S/R: Near Resistance – Resistance
— 1h Timeframe (Score: 3) —
- RSI: 57.95 (falling, neutral) – Neutral
- MACD: Histogram: -4.3423029541701E-5 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.067777845375562 above average – Neutral
- S/R: Neutral – Neutral
CTK Token +6.88%
CTK Token, associated with Shentu (formerly CertiK), surged over 40% in the last 24 hours following its launch on Binance Launchpool and activity in the Traders League. The token’s price climbed from $0.2704 to a peak surge of 54.47%, with trading volume hitting $146.29 million.
#CTK is integral to Shentu’s blockchain security ecosystem, which focuses on smart contract auditing and decentralized security services. The recent v2.10.0 update has boosted confidence in the project’s roadmap and utility, driving strong investor interest. Binance Launchpool exposure has also expanded CTK’s user base significantly.
With high trading volumes and positive development updates, CTK appears poised for continued upward movement in the near term. However, profit-taking could cause short-term corrections; maintaining above $0.35 will be critical for sustained gains.
Detailed technical indicators analysis for CTK/USDT:USDT
CTK/USDT:USDT – Score: 6.5, Price: 0.3265
Scalping Potential: Medium, Confidence: Low
⚫ Entry Rating: Poor, Best Timeframe: 15m
Bullish Signals: 2
Entry condition analysis
- RSI Zone: Poor entry zone
- Pullback: ⏳ Forming
- Support Bounce: ❌ Weak
- Volume Pattern: ❌ Poor
- Risk/Reward: ❌ Poor
- Trend Change Signals: ❌ None
- Bullish Divergences: ❌ None
- Price Pattern: ⚪ Consolidation
⚠️ Warning signals
- 🟠 Volume Confirmation Missing (Medium Risk, 1h): Strong price movement without volume confirmation on 1h chart
- 🟠 Resistance Proximity (Medium Risk, 15m): Price is near resistance without sufficient volume for breakout on 15m chart – Resistance at: 0.32580000 (0.34% away), 0.33240000 (1.68% away)
- 🟠 Resistance Proximity (Medium Risk, 1h): Price is near resistance without sufficient volume for breakout on 1h chart – Resistance at: 0.33240000 (1.81% away)
Timeframe analysis
— 15m Timeframe (Score: 3.5) —
- RSI: 56.69 (falling, neutral) – Neutral
- MACD: Histogram: 0.0013174479728142 – Bullish
- Moving Averages: Price Above Short MA: No – Neutral
- Volume: 1.1189908832845 above average – Neutral
- S/R: Near Support – Support
— 1h Timeframe (Score: 3) —
- RSI: 66.54 (falling, neutral) – Neutral
- MACD: Histogram: -0.0015797274224324 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.15441090470079 above average – Neutral
- S/R: Near Support – Support
