Cortex Coin ($CTXC )
It is an open-source blockchain platform that aims to integrate AI models into smart contracts, allowing the creation of decentralized AI-based applications.
Market Cap: $154M
Maximum coin: 299.79M
Price at the moment: 0.6800
Current Market Information:
Technical analysis:
Moving average indicators:
50-day moving average: indicates an uptrend.
200-day moving average: indicates an uptrend.
Relative Strength Index (RSI): Indicates bullish momentum, which may indicate a continuation of the positive trend.
MACD: Shows a positive crossover, which reinforces the possibility of a continuation of the uptrend.
Support and resistance levels:
First support level: $0.658
Support Level 2: $0.620
First resistance level: $0.714
Second resistance level: $0.750
Future expectations:
Short term: If the price manages to stay above the first support level, it may target the first resistance level.
Medium term: If the first resistance level is broken, the price may head towards the second resistance level.
Important Notes:
Market Volatility: Cryptocurrency markets are known for their high volatility, which means prices can change quickly.
Past performance: is not a reliable indicator of future performance.
Risk management:
It is always advisable to conduct independent research and consult financial experts before making investment decisions.
a summary:
Cortex (CTXC) is showing an upward trend supported by positive technical indicators. However, investors should be cautious and keep a close eye on market developments.
finally:
(The currency is halal according to the study of halal crypto)