The COTI price <\/span>pumped<\/span><\/a> more than 330% in the past month to trade at $0.2405 as of 2:25 a.m. EST as investors bet big on the altcoin’s prospects. <\/span><\/p>\n
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4-hour chart for COTI\/USDT (Source: <\/span>TradingView<\/span><\/a>)<\/span><\/p>\n
The <\/span>COTI<\/span><\/a> price printed a series of higher highs and higher lows on its 4-hour chart over the past couple of days, resulting in the formation of a positive price channel. However, the altcoin has broken below the lower boundary of this channel at the start of today’s trading session. As a result, the crypto is resting on the $0.23780 support level. <\/span><\/p>\n
Technical indicators on <\/span>COTI’s<\/span><\/a> 4-hour chart suggest the crypto may correct in the next 48 hours. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators are flagging bearish.<\/span><\/p>\n
While The COTI price remains at risk of potentially losing a key support level, <\/span>eTukTuk<\/span><\/a> is making substantial strides in the crypto market as its presale races towards $1.5 million.<\/span><\/p>\n
eTukTuk is an AI-powered blockchain infrastructure project that aims to reduce global carbon emissions through its green AI technology. To achieve its goal, the project introduces an electric version of the three-wheeler taxi known as the tuktuk. This is a popular mode of transport in highly-populated developing countries such as Bangladesh and Pakistan, which gives eTukTuk access to a large potential user base from the get-go.<\/span><\/p>\n
\neTukTuk is the world's first #blockchain<\/a> project to revolutionise one of the world’s most popular forms of transportation. 🔋🛺<\/p>\n
We are replacing dirty, petrol-powered TukTuk bikes with clean, electric-powered TukTuks in places where people need them the most. 🌏#RealFi<\/a> pic.twitter.com\/pUgbqovLk8<\/a><\/p>\n
— eTukTuk (@eTukTukio) July 26, 2022<\/a><\/p><\/blockquote>\n