Cartesi Price Prediction for Today, September 4

Cartesi Price Prediction for Today, September 4 – CTSI Technical Analysis

Updated: 04 September 2023

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The Cartesi price prediction could spike a significant surge if the price breaks toward the upper boundary of the channel.

Cartesi Prediction Statistics Data:

Cartesi price now – $0.127
Cartesi market cap – $94.3 million
Cartesi circulating supply – 742.5 million
Cartesi total supply – 1 billion
Cartesi Coinmarketcap ranking – #189

CTSI/USD Market

Key Levels:

Resistance levels: $0.160, $0.170, $0.180

Support levels: $0.100, $0.090, $0.080

Cartesi Price Prediction for Today, September 4 - CTSI Technical Analysis — CTSIUSD – Daily Chart

CTSI/USD is beginning to create a new bullish movement as the coin trades above the 9-day and 21-day moving averages to touch the daily high at $0.133 and also could make a bullish cross above the upper boundary of the channel if buyers increase the buying pressure. However, the coin is likely to create additional upward as the bulls could dominate the market.

Cartesi Price Prediction: CTSI Could Trigger Fresh Rally

The Cartesi price can only maintain the bullish movement if the coin moves near the upper boundary of the channel. At the time of writing, the technical indicator Relative Strength Index (14) is moving to cross above the 50-level to encourage more buyers to enter the market.

Nonetheless, as the 9-day moving average moves to cross above the 21-day moving average, trades may confirm the bullish movement for the coin, if not, the market price could slide below the lower boundary of the channel to hit the support levels at $0.100, $0.090, and $0.080 once the bears return into the market. However, if the technical indicator makes a cross above the 50-level, then, there may be a quick bullish cross above the channel which could locate the resistance levels at $0.160, $0.170, and $0.180 respectively.

CTSI/BTC Gets Ready for the Bullish Movement

Against Bitcoin, the Cartesi price is hovering at 489 SAT as the coin remains above the 9-day and 21-day moving averages. Meanwhile, the technical indicator Relative Strength Index (14) is seen moving above the 50-level to increase the bullish movement. However, for the fact that the market keeps ranging, the coin is likely to break above the upper boundary of the channel.

Nevertheless, the daily chart reveals that if the buyers increase the pressure, the potential resistance level could be located at 600 SAT and above, but any bearish movement below the lower boundary of the channel may attract new sellers to come into the market with the next focus on the support level of 400 SAT and below.

Alternatives to Cartesi

The Cartesi price could spike toward the resistance level of $0.15 as the initial move toward the upper boundary of the channel could boost the price further up. Meanwhile, the Cartesi (CTSI) hits the daily high at $0.133 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.

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