COTI Coin Price Prediction: Here's the Complete Analysis!

Bittime - Coti (COTI) launched COTI V2 and the COTI V2 developer network on May 21, 2024. They also announced a $50 million Builders program to support developers. This news is expected to help platforms that have struggled in 2023 following allegations from the SEC.

On July 25, 2024, COTI is valued at $0.108. The following is the COTI price prediction from CCN on that date. Check out the following analysis for future COTI coin predictions!

Fractal Method

In 2019, COTI's weekly RSI showed a bullish divergence, followed by a price increase to reach $0.79 in October 2021. In 2023, the weekly RSI again showed a bullish divergence, with a 640% increase in 175 days. With this ratio, it is estimated that COTI will reach $1.60 in December 2024 and $0.25 by the end of 2025.

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Wave Counting

This wave shows a five-wave rise starting in October 2023. Price predictions based on wave extensions suggest targets of $0.68 for the end of 2024 and $0.85 for the end of 2025. Price predictions for the end of 2030 range from $0.51 to $0.75.

COTI Price Analysis

Source: TradingView

COTI's daily price chart shows a decline ending on July 5, 2024, before starting an upward movement. On July 24, the price reached the resistance trendline but experienced rejection. Daily RSI is above 50 and daily MACD is above 0, indicating a bullish trend. The short-term prediction is for the price to reach $0.145 in early August 2024.

Volatility and RSI

The weekly ATR for COTI is 0.03, indicating average volatility. The weekly RSI is at 50, indicating a neutral trend.

With the launch of COTI V2 and various positive technical indicators, the future of COTI looks promising. However, crypto market volatility should always be considered in investment decisions. Stay updated with the latest developments to make wise decisions.

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Conclusion

COTI (COTI) faced tough times in 2023 but is showing signs of recovery following the launch of COTI V2 and its $50 million Builders program. Based on price analysis and prediction methods, COTI is expected to experience significant increases in the short and medium term. Price predictions suggest a possible hit to $1.60 by the end of 2024, with a potential drop to $0.25 by the end of 2025. Meanwhile, for the end of 2030, the price of COTI is expected to range between $0.51 to $0.75. With bullish technical indications, COTI has the potential to deliver positive results, but investors should remain alert to crypto market volatility.

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To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

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