Cortex is an open-source, peer-to-peer, decentralized blockchain platform that supports Artificial Intelligence (AI) models to be uploaded and executed on a distributed network.
ZkMatrix is a Layer 2 Solution for EVM-compatible blockchain powered by Cortex Labs. It utilizes zkRollup technology to aggregate batch transitions on the side chain into one transaction on the main chain, which aims to expand transaction per second(TPS) and significantly reduce the Endorphin fee consumed by each transaction. It is divided into three modules: ZkWallet(front-end), ZkNode(side chain), and ZkProver.
Zkmatrix - TPS- 2000
Ichimoku Analysis (4 hour chart)
Tenken-Sen- $0.1680
Kijun-Sen- $0.1680
CTCXUSD recovered after a minor sell-off.
Any daily close above $0.250 confirms further bullishness.
CTCXUSD gained more than 35% in the past two days.The pair holds well above the short-term (21 and 55 EMA) and long-term moving average. It hit a high of $0.1811 and is currently trading around $0.1750.
The bullish invalidation can happen if the pair closes below $0.10. On the lower side, the near-term support is $0.15. Any break below targets $0.10.
The immediate resistance stands at around $0.20. Any breach above confirms a minor pullback. A jump to $0.25 is possible. A surge past $0.25 will take it to $0.50/$0.75.
It is good to buy on dips around $0.150 with SL around $0.10 for TP of $0.25.
