Coti Analysis Update
$COTI currently ranked 269 on CoinMarketCap, it is a cryptocurrency with strong fundamentals and a good team. It has spent over 300 days in its accumulation range, and despite market drops, it hasn't broken its lower support zone. It has enormous potential due to its low market capitalization.
In previous analyses, we mentioned that Coti might test its last low in the 5.7 cents zone and that we would place a buy order there, which it hasn't reached yet. Coti has a technical pattern similar to that of #AVAX and #icp ; these three cryptocurrencies are in their best zones for accumulation. If you don't buy in these zones, where will you buy?
This is my analysis; do your own and if you are afraid, use a stop-loss. Coti is practically in the same zone as the previous analysis, and we speculate that in the next few weeks, the price should test the levels between 10 to 12 cents.
Remember, all these cryptocurrencies we have analyzed are in a downtrend. Be careful, calm your anxiety, and don't spend all your liquidity.