COTI (COTI) Price Prediction 2024, 2025, 2026-2030
- Bullish COTI price prediction for 2024 is $0.25421 to $0.46951.
- COTI (COTI) price might reach $0.5 soon.
- Bearish COTI price prediction for 2024 is $0.07267.
In this COTI (COTI) price prediction 2024, 2025-2030, we will analyze the price patterns of COTI by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
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COTI (COTI) PRICE PREDICTION 2024 |
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| COTI (COTI) PRICE PREDICTION 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
COTI (COTI) Current Market Status
| Current Price | $0.2442 | 24 Hour Price Change | 24.96% |
| 24 Hour Trading Volume | $372,302,619 |
| Market Cap | $323,502,967 |
| Circulating Supply | 1,527,822,180 COTI | All Time High | $0.6826 (On Nov 01, 2021) |
| All Time Low | $0.006226 (On Nov 09, 2019) |
What is COTI (COTI)?
| TICKER | COTI |
| BLOCKCHAIN | Ethereum |
| CATEGORY | ERC20 |
| LAUNCHED ON | March 2017 |
| UTILITIES | Governance, P2P transaction, and transaction fee. |
COTI (COTI) is the native token of the COTI ecosystem, facilitating transactions and serving as payment for fees and staking across three mainnets. Further, COTI stands out as one of the earliest blockchain protocols tailored for decentralized payments, catering to merchants, governments, payment DApps, and stablecoin issuers.
Its premier application, COTI Pay, offers comprehensive finance on the blockchain, enabling companies to effortlessly develop advanced fintech products while saving time, data, and money. Positioned as an enterprise-grade fintech platform, COTI empowers organizations to create custom payment solutions and digitize currencies for enhanced efficiency and cost-effectiveness.
The ecosystem boasts a DAG-based blockchain, a proof-of-trust consensus algorithm, multiDAG, the Global Trust System (GTS), a universal payment solution, and a payment gateway.
COTI 24H Technicals
COTI (COTI) Price Prediction 2024
COTI (COTI) ranks 55th on CoinMarketCap in terms of its market capitalization. The overview of the COTI price prediction for 2024 is explained below with a daily time frame.
In the above chart, COTI (COTI) laid out a Descending Channel. This is also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is characteristic of a bearish market.
At the time of analysis, the price of COTI (COTI) was recorded at $0.22530. If the pattern trend continues, then the price of COTI might reach the resistance level of $0.26088 and $5.07919. If the trend reverses, then the price of COTI may fall to the support of $0.03757.
COTI (COTI) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of COTI (COTI) in 2024.
From the above chart, we can analyze and identify the following as resistance and support levels of COTI (COTI) for 2024.
| Resistance Level 1 | $0.25421 |
| Resistance Level 2 | $0.46957 |
| Support Level 1 | $0.13568 |
| Support Level 2 | $0.07267 |
COTI (COTI) Price Prediction 2024 RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of COTI (COTI) are shown in the chart below.
From the readings on the chart above, we can make the following inferences regarding the current COTI (COTI) market in 2024.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.07906 Price = $0.21323 (50MA < Price) | Bullish/Uptrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 86.76 <30 = Oversold 50-70 = Neutral >70 = Overbought | Overbought |
| Relative Volume (RVOL) | Assets trading volume in relation to its recent average volumes | Below cutoff line | Weak Volume |
COTI (COTI) Price Prediction 2024 ADX, RVI
In the below chart, we analyze the strength and volatility of COTI (COTI) using the following technical analysis indicators Average Directional Index (ADX) and Relative Volatility Index (RVI).
From the readings on the chart above, we can make the following inferences regarding the price momentum of COTI (COTI).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 61.72579 | Very Strong Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 57.05 <50 = Low >50 = High | High volatility |
Comparison of COTI with BTC, ETH
Let us now compare the price movements of COTI (COTI) with that of Bitcoin (BTC), and Ethereum (ETH).
From the above chart, we can interpret that the price action of COTI is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of COTI also increases or decreases respectively.
COTI (COTI) Price Prediction 2025, 2026 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of COTI (COTI) between 2025, 2026, 2027, 2028, 2029, and 2030.
| Year | Bullish Price | Bearish Price |
| COTI (COTI) Price Prediction 2025 | $0.42 | $0.056 |
| COTI (COTI) Price Prediction 2026 | $0.68 | $0.061 |
| COTI (COTI) Price Prediction 2027 | $0.86 | $0.093 |
| COTI (COTI) Price Prediction 2028 | $0.92 | $0.044 |
| COTI (COTI) Price Prediction 2029 | $1.23 | $0.050 |
| COTI (COTI) Price Prediction 2030 | $1.54 | $0.011 |
Conclusion
If COTI (COTI) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish COTI price prediction for 2024 is $0.46957. Comparatively, if unfavorable sentiment is triggered, the bearish COTI price prediction for 2024 is $0.07267.
If the market momentum and investors sentiment positively elevate, then COTI might hit $0.5. Furthermore, with future upgrades and advancements in the Bem ecosystem, COTI might surpass its current all-time high (ATH) of $0.6826 and mark its new ATH.
FAQ
1. What is COTI (COTI)?
COTI is a blockchain protocol optimized for decentralized payments and enterprise-grade fintech solutions, including its flagship application COTI Pay.
2. Where can you purchase COTI (COTI)?
COTI (COTI) has been listed on many crypto exchanges, which include Binance, Zedcex Exchange, Bybit, DigiFinex, and Bitget.
3. Will COTI (COTI) reach a new ATH soon?
With the ongoing developments and upgrades within the COTI platform, it has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of COTI (COTI)?
On November 01, 2021, COTI (COTI)reached its new all-time high (ATH) of $0.6826.
5. What is the lowest price of COTI (COTI)?
According to CoinMarketCap, COTI hit its all-time low (ATL) of $0.006226 on November 09, 2019.
6. Will COTI (COTI) reach $0.5?
COTI (COTI) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then COTI (COTI) will hit $0.5 soon.
7. What will be the COTI (COTI) price by 2025?
COTI (COTI) price is expected to reach $0.42 by 2025.
8. What will be the COTI (COTI) price by 2026?
COTI (COTI) price is expected to reach $0.68 by 2026.
9. What will be the COTI (COTI) price by 2027?
COTI (COTI) price is expected to reach $0.86 by 2027.
10. What will be the COTI (COTI) price by 2028?
COTI (COTI) price is expected to reach $0.92 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the authors. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Read more: https://thenewscrypto.com/coti-price-prediction/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
