Upbit to List Citrea (CTR) for Trading Against BTC and USDT
- Citrea Project Overview: Citrea (CTR) is a blockchain project focused on scaling Bitcoin through zero-knowledge proofs, serving as a layer-2 solution designed to enhance Bitcoin's programmability without altering its core protocol, thereby enabling smart contract functionality and decentralized applications on the Bitcoin network.
- Trading Pair Launch Timing: Upbit has announced that trading for CTR against Bitcoin (BTC) and Tether (USDT) will commence at 6:00 a.m. UTC on June 9, providing Citrea with significant market visibility and trading volume, potentially accelerating the adoption of its technology.
- Market Impact Analysis: As one of the largest cryptocurrency exchanges in South Korea, listings on Upbit typically lead to increased liquidity and price volatility for the listed token, and the listing of Citrea will enhance its visibility among South Korean traders, further driving market acceptance.
- Trading Strategy Recommendations: Given the local demand dynamics, traders should monitor price spreads between Upbit and other exchanges, and exercise caution during the initial volatility often associated with new listings to navigate potential market fluctuations.
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Technical Analysis for CTR
Technical Sentiment Analysis for Centra (CTR). As of , Centra (CTR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for CTR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, CTR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Centra (CTR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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