Coin 98 May Fail to Pass $0.40 Resistance Again
Coin 98 (CNE) has experienced a 2.5% increase this week, reaching $0.3930, albeit slightly retreating from its recent peak at $0.4012. Despite this upward movement, the resistance level at $0.4000 remains robust, posing a significant challenge for further gains. This marks the fourth attempt within a month for the token to surpass this resistance. The initial two attempts resulted in significant downturns, with prices plummeting to the range of $0.3000-0.3500. The third attempt showed some promise as prices briefly reached $0.4500, but subsequent corrections in the broader crypto market led to another setback. Currently, there is limited optimism regarding further upside potential, as the $0.4000 resistance level continues to present a formidable barrier.
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