Canton [CC] token has rallied 8.8% in the past 24 hours, but was down nearly 2% over the past week. The price had been compressing within a descending trendline resistance, noted a popular trader on X.
Canton (CC)’s approximately 4% decline over the past 24-25 hours is primarily due to a broad crypto market selloff following the failure of the U.S. CLARITY Act and heightened expectations of a Federal Reserve rate hike, rather than any Canton-specific issues.
