Cartesi price prediction for today, December 1 – CTSI technical analysis

If the market can hold the coin above the resistance level of $0.16, the Cartesi price prediction could be bullish.

Descartes Predictive Statistics Date:

• Current Cartesi price – $0.15
• Descartes Market Cap – $119.4 million
• Cartesi Circulating Supply – 764.8 million units
• Cartesi Total Supply – 1 Billion
• Descartes CoinMarketCap Ranking – #274

CTSI/USD Market

Main level:

Resistance levels: $0.175, $0.180, $0.185

Support levels: $0.130, $0.125, $0.120

CTSI/USD is following a bullish move above the resistance level of $0.155 with a price increase of 3.53%. Due to the fact that the coin is recording a slight uptrend, the Cartesi price may pull back slightly before heading to the upside. Meanwhile, traders can expect the price to continue rising if bulls keep the coin above its 9- and 21-day moving averages.

Cartesi Price Prediction: CTSI/USD Could Rise

Cartesi price is above its 21-day moving average, which is around $0.155. If the price continues to trend higher, traders can expect an upward trend towards the upside. Meanwhile, with the 9-day moving average crossing above the 21-day moving average, possible long-term resistance levels can be identified at $0.175, $0.180, and $0.185.

However, if the coin maintains its bullish movement over the next few days, traders could witness more coins reaching higher levels. Meanwhile, Cartesi price is trying to create a short-term bullish move. Conversely, a bearish move below the 9-day moving average could cause the coin to roll back to the support levels of $0.130, $0.125, and $0.120.

CTSI/BTC is bullish.

Against Bitcoin, Cartesi price is heading towards the upper border of the channel as the coin continues to trade within the 9-day and 21-day moving averages. According to the daily chart, an increase in volume and resistance is needed for the market to surge. Currently, Cartesi (CTSI) is trading around 411 SAT, but if the coin heads south, traders can expect support below 3600 SAT.

Nonetheless, if a bullish move pushes the price towards the upper boundary of the channel; Traders can then identify a bull market for that coin. Moreover, the nearest resistance line could be located above SAT 470. This is because the 9-day moving average exceeds the 21-day moving average, which may suggest a bullish movement within the channel.

Alternative to Cartesian

Cartesi price is currently holding above $0.155, putting it in position to receive a potential bullish signal. Despite continued selling activity in the market, the bulls may not succumb to this pressure. If the bullish momentum strengthens, Cartesi (CTSI) is likely to break above the upper boundary of the channel.

However, Cartesi (CTSI), which currently ranks #272 on CoinMarketCap, may struggle to achieve significant price gains by the end of the year. In contrast, a new token, Bitcoin Minetrix (BTCMTX), stands out with its unique stake-to-mine functionality. With over $4.5 million in proceeds from ongoing pre-sales, BTCMTX is receiving positive market response, appealing to investors looking for promising opportunities.

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