Cartesi Price Prediction for Today, May 30: CTSI/USD Bulls May Target $0.210 Level

The Cartesi price prediction may lack short-term, but if the price increases, the coin is likely to face moderate volatility in the market soon.

Cartesi Prediction Statistics Data:

  • Cartesi price now – $0.190
  • Cartesi market cap – $141.1 million
  • Cartesi circulating supply – 740.9 million
  • Cartesi total supply – 1 billion
  • Cartesi Coinmarketcap ranking – #182

CTSI/USD Market

Key Levels:

Resistance levels: $0.320, $0.330, $0.340

Support levels: $0.070, $0.060, $0.050

CTSI/USD is currently trading around the $0.190 level above the 9-day and 21-day moving averages. In the range of the ascending channel, the closest support is located at $0.175, with a close resistance at $0.205. Meanwhile, if the market increases, additional resistance can be found toward the upper boundary of the channel.

Cartesi Price Prediction: Cartesi (CTSI) May Go Bullish

According to the daily chart, it is obvious that the Cartesi market may create more bullish trends if the bulls increase the pressure away, and this is noticeable for the technical indicator Relative Strength Index (14) as the signal line crosses above the 50-level. Since a few days ago, Cartesi (CTSI) has been moving sideways, aiming to break many upsides.

At the moment, the market is trading at $0.190 within the channel, but any bearish movement below the daily low of $0.177 could lead the coin to a serious downtrend. However, the support levels for the coin could be located at $0.070, $0.060, and $0.050, while the resistance levels lie at $0.320, $0.330, and $0.340 respectively.

When compares with Bitcoin, the support level of this trading is built around 640 SAT. Technically, the Cartesi price is likely to head to the upside as the technical indicator Relative Strength Index (14) moves to cross above the 50-level.

CTSIBTC – Daily Chart

However, if the Cartesi price slides below the lower boundary of the channel, CTSI/BTC could hit the support level of 250 SAT and below. Moreover, any bullish movement toward the upper boundary of the channel may allow the market to form a new upward trend, and this could reach the potential resistance level at 1100 SAT and above.

Alternatives to Cartesi

The Cartesi price is currently recovering above the opening price of $0.180 and it is likely to climb above $0.210 soon. Meanwhile, the Cartesi price is now trading above the 9-day and 21-day moving averages as bulls begin to dominate the market. Nevertheless, the Wall Street Memes presale began on 26 May 2023 and raised $100K within minutes of its launch. The presale’s fiery start was likely due to it already having an established online brand and a track record in crypto as almost $4 million has been raised so far.

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