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Covalent X Token Price Prediction: CXT Surges 10% As This New Presale Goes Ballistic With $12 Million Raised

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The Covalent X Token price surged more than 10% in the last 24 hours to trade at $0.06933 as of 7:26 a.m. EST . This recent spike in the CXT price has added to the altcoin’s positive weekly streak. As a result, the crypto is in the green by more than 27% over the last 7 days.  The Covalent X Token Price Forms An Ascending Channel 4-hour chart for CXT/USD (Source: GeckoTerminal) The Covalent X Token price printed multiple higher highs and higher lows on the 4-hour chart over the past few days, resulting in the formation of an ascending price channel. This positive momentum has led to the crypto overcoming the major resistance level at $0.06793. CXT is now attempting to break above the next technical barrier at $0.07391. Should the Covalent X Token price close a 4-hour candle above $0.07391 within the next 24 hours, the crypto could have the room needed to flip the $0.07989 resistance level into support. However, a rejection from the $0.07391 mark might invalidate the bu...