- By 2024, the CTSI price could reach a maximum of $0.1900.
- In 2027, the price of Cartesi is predicted to reach a maximum level of $0.6264.
- Cartesi is expected to cross a price level of $1.91 in 2030
Developers can now write code for dApps and create complex and straightforward smart contracts using Linux architecture on Cartesi. This feature inducts conventional programmers into the blockchain ecosystem to code smart contracts using Ruby, Python, REST, MongoDB, Eigen, MySQL, Nginx, Libsnark, and Linux.
Cartesi’s real-world use cases make it appealing to potential investors. Let’s learn more about the Cartesi (CTSI) project, its uniqueness, its technical analysis, historical data, and market price predictions.
Overview
Cryptocurrency | Cartesi |
Token | CTSI |
Price | $0.1650 |
Market Cap | $118,783,537 |
Trading Volume | $4,013,897 |
Circulating Supply | 822,074,171 |
All-time High | $1.75 May 08, 2021 |
All-time Low | $0.02675 May 09, 2020 |
24 High | $0.170 |
24 Low | $0.152 |
Cartesi Price Prediction: Technical Analysis
Metric | Value |
Price Prediction | $0.137489 (-5.47%) |
Volatility | 10.09% |
50-Day SMA | $0.19177 |
14-Day RSI | 40.52 |
Sentiment | Bearish |
Fear & Greed Index | 29 (Fear) |
Green Days | 14/30 (47%) |
200-Day SMA | $0.237957 |
Cartesi (CTSI) price analysis: Mixed signals as bulls gear for a move above
- Cartesi’s RSI nears oversold at 38.78, hinting at a potential rebound or stabilization in price soon.
- MACD indicates easing downward pressure; which could signal a nearing end to Cartesi’s short-term decline.
- Trading volume spike shows increased interest, possibly forecasting a change in Cartesi’s price direction.
The price of Cartesi (CTSI) has seen varied activity in recent weeks, with the cryptocurrency currently trading at around $0.1629. Despite a slight downturn of 0.77% over the last 24 hours, the broader perspective shows a weekly gain of 6.41%, highlighting some resilience amid market fluctuations. The increased trading volume of over $10 million further indicates a heightened interest among traders and investors.
Cartesi Coin Daily chart analysis: Cartesi Coin Gains: A daily technical dive into market resistances
Cartesi (CTSI)faces significant resistance at critical technical levels. Cartesi trades at $0.1650, reflecting a slight decline of 1.37% over the day. The broader market’s volatility is mirrored in Cartesi’s price movements, which currently sit just below key resistance points, hinting at a tight battle between bullish and bearish sentiments.
The technical outlook for Cartesi suggests an imminent decision point due to the converging indicators. The Relative Strength Index (RSI) sits at 38.78, approaching oversold territory, which could signal a potential price rebound or stabilization if it dips further towards or below 30. Similarly, the Moving Average Convergence Divergence (MACD) exhibits signs of a narrowing gap between the MACD line and the signal line within the negative zone, hinting at a possible easing of downward pressure. Trading volumes have spiked, suggesting increased interest or speculative trading at these levels, which could foretell a shift in price direction if accompanied by positive market catalysts.
CTSI 4-hour chart analysis: Can Cartesi rebound above $0.170?
In the recent 4-hour trading chart, Cartesi (CTSI) has demonstrated slight upward movement, with the current price hovering around $0.1650. This marks a subtle gain of 0.43% within the period. The Bollinger Bands show CTSI trading near the lower band, suggesting that the price might be in a potentially oversold territory or at least lower than the typical volatility range. Such positioning often prompts traders to anticipate a potential rebound or at least a stabilization in price actions.CTSI/USD; TradingView
The Average Directional Index (ADX), sitting at 22.37, points to a weaker trend strength. In traditional settings, an ADX value below 25 often indicates a lack of strong directional movement, suggesting that Cartesi’s current trend might not have enough momentum for a significant breakout or breakdown. Meanwhile, the Moving Average Convergence Divergence (MACD) is still in the negative zone but shows a convergence towards the signal line, hinting at a possible reduction in downward pressure in upcoming sessions.
Cartesi Technical Indicators: Levels And Action
Daily Simple moving average (SMA)
Period | Value | Action |
SMA 3 | $0.15318 | SELL |
SMA 5 | $0.147231 | SELL |
SMA 10 | $0.146335 | SELL |
SMA 21 | $0.161337 | SELL |
SMA 50 | $0.190485 | SELL |
SMA 100 | $0.204614 | SELL |
SMA 200 | $0.237146 | SELL |
Daily exponential moving average (EMA)
Period | Value | Action |
EMA 3 | $ 0.15756 | SELL |
EMA 5 | $ 0.161115 | SELL |
EMA 10 | $ 0.166215 | SELL |
EMA 21 | $ 0.177588 | SELL |
EMA 50 | $ 0.196752 | SELL |
EMA 100 | $ 0.215969 | SELL |
EMA 200 | $ 0.221501 | SELL |
What to expect from Cartesi coin price analysis
Despite the negative short-term indicators, the overall market sentiment towards blockchain infrastructure projects like Cartesi remains positive. The technology’s potential application in real-world scenarios provides a backdrop for potential growth. Investors and traders should watch broader market trends, regulatory news, and technological advancements within the Cartesi ecosystem, which could drive price movements in the upcoming sessions.
Is Cartesi a good investment?
Investing in Cartesi (CTSI) offers a promising opportunity due to its innovative approach, integrating a full Linux environment for blockchain developers. This unique feature lowers barriers to entry and broadens the potential for more sophisticated decentralized applications (DApps). Additionally, the launch of Noether’s Staking Delegation, backed by rigorous audits and testing, underscores Cartesi’s commitment to security and scalability. Cartesi’s modular Rollups—usable as Layer 2, Layer 3, or sovereign rollups—further enhance its appeal by providing flexible and scalable solutions, positioning it as a strong contender in the evolving blockchain landscape.
Why is Cartesi down?
Cartesi’s (CTSI) price shows a downward trend, which started around $0.1446, peaked slightly above $0.147, and then declined to approximately $0.142 by the end of the period. This decline can be attributed to a combination of negative market sentiment.
Will CTSI recover?
The recovery of Cartesi (CTSI) will depend on broader market conditions, positive developments within the Cartesi project, and overall investor sentiment. If the cryptocurrency market turns bullish, Cartesi launches successful new features or partnerships, and gains increased usage, it could boost investor confidence and drive a price recovery.
Will Cartesi reach $1?
If the overall cryptocurrency market experiences a strong bullish trend, and Cartesi continues to innovate and form valuable partnerships, there is a possibility that CTSI could reach $1.
Will Cartesi reach $10?
Reaching $10 is an ambitious but more plausible target for Cartesi (CTSI) compared to $100, yet it still requires significant growth and development.
Will Cartesi reach $100?
Reaching $100 would be an extremely ambitious target for Cartesi (CTSI) and would require unprecedented growth and adoption and therefore it unlikely.
Does CTSI have a good long-term future?
Cartesi (CTSI) has potential for a strong long-term future due to its unique value proposition of integrating Linux and standard programming environments with blockchain technology, which could attract developers looking for more versatile and familiar tools.
Cartesi Price Prediction July 2024
The Cartesi price in July 2024 shows that the minimum trading cost might be $0.1451, while the maximum might reach $0.15 this month. On average, the value of CTSI is expected to be around $0.1498.
Cartesi Price Prediction | Potential Low | Potential Average | Potential High |
Cartesi Price Prediction july 2024 | $0.1451 | $0.1498 | $0.15 |
Cartesi Price Prediction 2024
Cartesi price is forecast to reach a lowest possible level of $0.1643 in 2024. As per the findings, the CTSI price could reach a maximum possible level of $0.1900 with the average forecast price of $0.1700.
Cartesi Price Prediction | Potential Low | Potential Average | Potential High |
Cartesi Price Prediction 2024 | $0.1643 | $0.1700 | $0.1900 |
Cartesi Price Prediction 2025-2030
Year | Minimum | Average | Maximum |
---|---|---|---|
2025 | $0.2500 | $0.2568 | $0.2855 |
2026 | $0.3496 | $0.3625 | $0.4338 |
2027 | $0.5278 | $0.5423 | $0.6264 |
2028 | $0.7662 | $0.7879 | $0.9293 |
2029 | $1.12 | $1.16 | $1.32 |
2030 | $1.62 | 1.66 | 1.91 |
Cartesi Price Prediction 2025
According to Cartesi’s price projection and technical analysis, the CTSI price is predicted to cross an average price level of $0.2568 in 2025, with a minimum price value of $0.2500 expected before the end of the current year. Furthermore, CTSI has a maximum price of $0.2855.
Cartesi Price Prediction 2026
As per the forecast price and technical analysis, In 2026 the price of Cartesi is predicted to reach a minimum level of $0.3496. The CTSI price can reach a maximum level of $0.4338 with the average trading price of $0.3625.
Cartesi Price Prediction 2027
CTSI might benefit if the upward trend continues until 2027 when it could exceed $0.6264. If the market continues to collapse, the goal may not be met. CTSI is expected to trade at an average price of $0.5423 in 2027, with a low of $0.5278.
Cartesi Price Prediction 2028
In 2028 the price of Cartesi is forecasted to be at around a minimum value of $0.7662. The Cartesi price value can reach a maximum of $0.9293 with the average tradingalue of $0.7879.
Cartesi Price Prediction 2029
Cartesi’s price projection and technical analysis show that the CTSI price is predicted to cross an average price level of $1.16 in 2029, with a minimum price value of $1.12 expected before the end of the current year. Furthermore, CTSI has a maximum price of $1.32.
Cartesi Price Prediction 2030
Cartesi price is forecast to reach a lowest possible level of $1.62 in 2030. As per findings, the CTSI price could reach a maximum possible level of $1.91 with the average forecast price of $1.66.
Cartesi market price prediction: Analysts’ CTSI price forecast
Firm Name | 2024 | 2025 |
Gov.Capital | $0.137 | $0.152 |
DigitalCoinPrice | $0.146 | $0.15 |
CoinCodex | $0.153 | $0.176 |
Cartesi price prediction by Cryptopolitan
According to Cryptopolitan, Cartesi Price Prediction, or CTSI, will experience tremendous growth as it can achieve new highs in price points and market cap. Meanwhile, Cartesi is expected to reach a minimum price of $0.1643. The maximum price may reach $0.1900 in 2024.
Cartesi (CTSI) price history
- In April 2020, Cartesi’s public trading kicked off with an opening price of $0.05717. The price fell to $0.02675 in May 2020, an all-time low.
- Towards the end of May 2020, the CTSI price rose above the $0.03 mark and traded within $0.03 – $0.04 until June 2020.
- On August 18, 2020, Cartesi’s price reached a year-high market price of $0.1298, but the momentum fizzled out, and the price dropped to $0.02683 on October 30.
- Before the turn of 2021, CTSI made some recoveries, and its price jumped as high as $0.06217 in December 2020.
- The positive momentum continued in January 2021, and its market price surged to an all-time high of $1.75 on May 09, 2021.
- Afterward, the price of CTSI fell and then jumped to $1.25 on August 9, 2021. Currently, Cartesi is trading at $0.625, with a market cap of over $260 million and a 24-hour trading volume of over $31 million.
- In January 2022, the price decreased to around $0.50, indicating a market correction or a period of reduced trading activity.
- The price stabilized around $0.20 in July 2022, suggesting a period of consolidation where buying and selling pressures were balanced.
- In October 2023, the price remained stable around $0.15, indicating another period of consolidation.
- There was a slight increase to about $0.20 in January 2024. This suggests some positive movement, possibly due to new developments or market optimism.
- In April 2024, the price dropped to around $0.14, indicating a decline in market value or a response to external factors affecting the cryptocurrency market.
- The price remained around $0.14 in July 2024, showing stability at this lower price point.