If we say that the metaverse trend is looking for peak times in 2022, we would not be wrong. CEEK VR is in the same situation as one of its favorite metaverse projects. The token, which has been stuck between $ 0.88-090 for a long time, has been gradually falling for about a year. Will this decline ever end? At what levels are the support and resistance points in the token, which is the favorite of investors? Details about CEEK are in our news.
In this image, we see CEEK VR tokens in profit, loss and breakeven point. According to the data, approximately 31 percent of CEEK tokens are in profit, while 68 percent are in loss. It is at the breakeven point at the rate of one percent. Thus, we understand that most of the investors are at a loss. This tells us a little about the selling pressure in Ceek. Usually, wallets sell their coins when they reach the breakeven point. That’s why tight price action has been going on for a long time. In this image, we can also see the main resistance and support points. The first major resistance point is at $0.96 while the second is near $0.10. The support is located at the $0.83 level. Let’s take a closer look at the zoomed image.
This image shows us the token ownership around the instant price. Here, too, there is an image close to the big picture. Here we can see the closer resistance and support levels. This may be more advantageous data for traders. In the image, the levels of 0.90, 0.92, 0.94 dollars point to the close resistance points. If we look at the support points, the $0.87 and $0.85 areas stand out as important points.
Cryptocurrencies are basically divided into two in the bull market. Some go forward with instant hard green candles, while others go with continuous small candles. CEEK VR has been dormant for a long time, so to speak. With a positive news to come, it can take the trend back and catch up with the market quickly.
You can follow the current price action here.