Cartesi Price Prediction for Today, December 1 – CTSI Technical Analysis

The Cartesi price prediction could set a bullish run if the market can keep the coin above the resistance level of $0.16.

Cartesi Prediction Statistics Data:

• Cartesi price now – $0.15
• Cartesi market cap – $119.4 million
• Cartesi circulating supply – 764.8 million
• Cartesi total supply – 1 billion
• Cartesi CoinMarketCap ranking – #274

CTSI/USD Market

Key Levels:

Resistance levels: $0.175, $0.180, $0.185

Support levels: $0.130, $0.125, $0.120

CTSI/USD is following a bullish movement above the resistance level of $0.155 with a price growth of 3.53%. For the fact that the coin is recording a slight gain, the Cartesi price may retreat a little before heading to the upside. Meanwhile, traders can expect the price to continue to rise if the bulls keep the coin above the 9-day and 21-day moving averages.

Cartesi Price Prediction: CTSI/USD May Move Upside

The Cartesi price is on its way above the 21-day moving average at around $0.155. If the price continues to create a bullish movement, traders can then expect a bullish continuation toward the upside. Meanwhile, as the 9-day MA moves to cross above the 21-day MA, the possible resistance levels could be found at $0.175, $0.180, and $0.185 in the long term.

However, if the coin keeps the bullish movement for the next couple of days, traders may witness more of it reach higher levels. Meanwhile, the Cartesi price is trying to create a bullish movement in the short term. On the contrary, any bearish movement below the 9-day moving average could roll the coin back to the supports of $0.130, $0.125, and $0.120.

CTSI/BTC Goes Bullishly

Against Bitcoin, the Cartesi price heading toward the upper boundary of the channel as the coin keeps trading within the 9-day and 21-day moving averages. According to the daily chart, there is a need for an increasing volume and resistance to cause an upsurge in the market.  At the moment, Cartesi (CTSI) is trading around the 411 SAT but traders can expect support at 3600 SAT and below if the coin heads to the south.

Nevertheless, if a bullish move pushes the price towards the upper boundary of the channel; traders can then confirm a bull run for the coin. Moreover, the closest resistance could be located at 470 SAT and above as the 9-day MA could move to cross above the 21-day MA to suggest a bullish movement within the channel.

Alternatives to Cartesi

At present, the Cartesi price lingers above $0.155, positioning itself for potential bullish signals. Despite ongoing selling activity in the market, the upward movement may resist bowing to these pressures. There’s a possibility that Cartesi (CTSI) could surpass the upper boundary of the channel if the bullish momentum intensifies.

However, Cartesi (CTSI), currently ranked 272 on CoinMarketCap, may face challenges in achieving significant price growth by the year’s end. In contrast, the new token Bitcoin Minetrix (BTCMTX) stands out with its unique stake-to-mine feature. With over $4.5 million gained in its ongoing presale, BTCMTX is receiving a positive market response, making it appealing to investors seeking promising opportunities.