Canton Network token (CC) surged 8.8% in 24 hours after testing its range lows near $0.09. Since mid-July, the price has consolidated within a $0.09 to $0.125 range, with support at the lower level defended three times. A bullish breakout could trigger a 66% rally, with traders targeting $0.125 as the next key level, nearly 25% above current prices. Meanwhile, Tokenovate announced the successful execution of an intraday repo agreement on the Canton Network, using tokenized USDC and the FINOS Common Domain Model. The RSI on the 2-hour chart indicates strong upward momentum, and trend alignment across timeframes points to potential further upside for CC.
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