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- 1 The CTSI token price declined 6.6% in the past 24 hours and currently trades at $0.1615.
- 2 The daily CTSI/USD chart shows volatility in the price and the formation of a double top pattern on the daily timeframe.
- 3 The price analysis shows that the CTSI token may surpass $1 by 2028.
Cartesi is a project that aims to enable decentralized applications (DApps) that run on Linux operating systems. It uses a virtual machine that supports a wide range of programming languages and tools.
It also provides a layer two scaling solution which uses rollups, which are batches of transactions that are verified on the blockchain.
Cartesi Rollups can be deployed in different ways, depending on the needs of DApp developers and users. Caretesi Rollups offers fast, cheap and secure transactions, while preserving the decentralization and censorship resistance of the base layer.
Cartesi crypto price currently trades at $0.1615 with an intraday drop of 6.60%. The daily chart showcases volatility in the price and formation of a double top pattern. The price hovers near the recent swing high and shows a weakness in the short term.
Moreover, the long term trend is optimistic which may add more buying volume at the lower levels. The price may drop to some extent in the short term but may resume an upward trajectory if it bounces back from the key EMAs.
Also, the price is hovering above the 50-day and 200-day EMAs which may act as dynamic supports, from where it may bounce again.
Cartesi Price Prediction 2023
The volume analysis shows that the trading volume decreased by 59.60% and reached $12.565 Million in the past 24 hours. The CTSI crypto ranks 290th among the top cryptos with a live market cap of $123.560 Million. The volume-to-market cap ratio is 26.60% indicating mild volatility in the market.
The price prediction of CTSI crypto showcases a neutral to bullish above the key EMAs. The most optimistic estimate of the analysts expects the price to reach a high of $0.1883, indicating an upside potential of nearly 17.42%. The pessimistic outlook of the analysts hopes the price may decline to $0.1439.
Cartesi Price Prediction 2024
As per the analysts, the most optimistic target that Cartesi crypto price may achieve is $0.351; indicating an upside potential of 118.85% from the CMP. The minimum analyst price target is $0.2256 by the end of 2024.
Cartesi Price Prediction 2025
Over the next three years, the optimistic view of analysts expects that the CTSI price may reach a high of $0.497. The price may reach $0.4162 according to the average forecast of analysts. The minimum forecasted price by the end of 2025 is $0.3598.
Cartesi Price Prediction 2026
The Cartesi cryptocurrency price may reach a high of $0.7006 if an optimistic trend prevails in the crypto market. On the flip side, the pessimistic view of the analysts expects the price to reach $0.4740 by 2026.
Cartesi Price Prediction 2027
According to the analysts’ price prediction for the year 2027, the most optimistic view of analysts for Cartesi crypto estimates a price target of $0.874. The minimum price target that CTSI may achieve by 2027 is $0.6139.
Cartesi Price Prediction 2028
The analysts are optimistic about Cartesi (CTSI) and predict that the price could go up to $1.1619 in the next five years. However, the pessimist analysts expect the price to reach a high of $0.8506.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
