CTSI/USD Could Revisit $0.150 Resistance

On Jul 27, 2023

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The Cartesi price prediction shows that CTSI could renew the bullish trend after testing the support level of $0.145 today.

Cartesi Prediction Statistics Data:

Cartesi price now – $0.147
Cartesi market cap – $109.4 million
Cartesi circulating supply – 742.5 million
Cartesi total supply – 1 billion
Cartesi Coinmarketcap ranking – #184

CTSI/USD Market

Key Levels:

Resistance levels: $0.220, $0.240, $0.260

Support levels: $0.090, $0.070, $0.050

CTSIUSD – Daily Chart

CTSI/USD has been hovering around $0.147 after touching the daily high of $0.149. The Cartesi price is currently changing hands below the 9-day and 21-day moving averages but, with a slight gain of 0.69% since the start of the day. Despite the recovery, the coin is still hovering below the moving averages.

Cartesi Price Prediction: What Could be the Next Direction?

The Cartesi price is moving toward the resistance level of $0.150 as the initial move to cross above the upper boundary of the channel could boost the price further up. The Cartesi (CTSI) hits the daily high at $0.149 before retreating to where it is currently trading. Looking at it from above, more bullish movements may come into play if the Cartesi price moves near the upper boundary of the channel, and the nearest resistance level could be found at $0.170.

However, traders can see that the daily movement remains in the hands of the bulls and the technical indicator Relative Strength Index (14) is likely to cross above the 50-level. Moreover, a break into the positive side may most likely push the coin towards the potential resistance levels of $0.220, $0.240, and $0.260, while a drop toward the lower boundary of the channel could lead to the supports at $0.090, $0.070, and $0.050 respectively.

Against Bitcoin, the Cartesi (CTSI) is seen moving sideways with a bullish candle ready to cross above the upper boundary of the channel. After the coin touches the daily high at 507 SAT today, the coin later retreated to where it is currently trading. Meanwhile, the market price may spike to the upside if the buyers increase the pressure.

On the contrary, should the sellers return to the market, the Cartesi price may drop to the support of 290 SAT and below. Meanwhile, the technical indicator Relative Strength Index (14) is likely to cross above the 50-level to increase the bullish movement as the resistance level could be located at 760 SAT and above.

Cartesi Alternatives

The Cartesi price may continue to face the north if it crosses above the 9-day and 21-day moving averages. However, today’s low at $0.147 could serve as strong support for the coin, but if it is broken, the sell-off may be extended to the support level of $0.140.

Meanwhile, the main differentiator between the Wall Street Memes and other meme coins is its mission; which is to disrupt the traditional financial landscape by empowering everyday investors. Looking at it so far, the token has raised almost $18 million in the ongoing presale.

Wall Street Memes – Next Big Crypto