🔹 Current price: $0.1021
Highest price today: $0.1042
Lowest price today: $0.0635
24-hour increase percentage: +53%
🔎 What do the technical indicators say?
The trend is upward: The SAR indicator confirms that the market is still strong.
But momentum is slightly weakening: The MACD indicator shows a slowdown, indicating a possibility for the price to enter a break or minor correction.
Volumes: Increased with the rise and then started to calm down, which is normal after a big surge.
📰 Latest news supporting Cartesi
1. Launch of Cartesi Rollups on the Ethereum mainnet with a Fraud-Proofs system to enhance security.
2. New partnership with Espresso Systems to improve speed and scalability.
3. The Cartesi Foundation announced that it will purchase CTSI coins from the market for no less than $500,000 to support the project.
4. The currency historically reached a peak of $1.80 (for context).
📊 Important Trading Levels
Resistances: $0.1042 then $0.115, and if breached, we may see $0.129.
Supports: $0.099 then $0.095, and breaking them may open the way for levels $0.089 and $0.084.
🎯 What are the expected scenarios?
1. Continuation of the rise: If the price exceeds $0.1045 with strong trading volume, we may see $0.115.
2. Minor Correction: The price may retrace to $0.099 or $0.095 before continuing to rise.
3. Deeper Drop: If it clearly breaks $0.093, it may test $0.089 or lower.
⚠️ Important Reminder
The currency is up more than 50% in one day → volatility is very high.
Do not enter with all your capital, always set a stop loss.
Wait for confirmation from volume and indicators before making any decision.
🔑 Summary:
Cartesi (CTSI) is still in an upward trend supported by strong news, but after this significant rise, we may see either a short break or another attempt to break resistances. Trading currently requires caution and attention to important levels.
Alert:⚠️⚠️
This content is educational and not financial advice. Trade only with what you can afford to risk.
#CTSI/USDT #Cartesi #BinanceSquare #Cryp #تحليل_العملات_الرقمية
