Eyes on the Prize: Can Coti Buyers Reach $0.50 Amidst Rally

26-02-2024 By: Lokesh Gupta
Eyes on the Prize: Can Coti Buyers Reach $0.50 Amidst Rally

Coti Price Prediction 2025 will exceed $0.70000

  • #COTI displayed a significant bullish trend over the past three weeks in the weekly chart.

  • This trend was marked by a triple white soldier pattern, indicating three consecutive bullish candle formations, resulting in an approximate 300% increase.

  • Bullish momentum strengthened with high volume, breaking 23.60% Fib level, reaching April 2022 price levels.

  • Last week, #COTI's price surged by 140%, indicating a breakout and signaling a bullish trend.

  • However, the momentum was hindered by resistance at $0.25000, leading to a subsequent period of bearish influence.

  • In the 4-hour chart, $COTI is currently trading within a Bullish Pennant pattern.

  • If bulls regain control, $COTI’s price could aim for its upper resistance level of $0.25000, with potential further testing at $0.30000 in the coming weeks.

  • As per CoinGabbar Prediction, Conversely, a bearish reversal could see the price retracting to its support level of $0.13500.

KEY LEVELS :

RESISTANCE LEVEL : $0.25000-$0.29000

SUPPORT LEVEL : $0.20000-$0.16000

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

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