At the time of writing, COTI is being traded at the rate of $0.3921 with an increase of almost 4% within the last 24 hours.
The low within this tenure was around $0.3774 and the high was approximately $0.393. The coin as being in the watchlist of many traders makes it rank all the way up to number 170th according to the latest data released by coin market cap.
COTI made its all-time high in the month of June 2019 where it reached an enormous amount of $1.13. At the moment it has a daily volume of $33,815,047 with an increase of about 18.70% within the last 24 hours. The total supply of COTI is now around 2B and the circulating supply is also 800.1M. COTI has a dominance of 0.02%.
The top exchanges for trading it are currently Binance, Huobi Global, KuCoin.
Technical Analysis – COTI
COTI has one of the most beautiful charts that I have analyzed today. We can see that there are a lot of confluences that say that the price would go upwards. The first thing to notice is the daily order block that lies above the current price. This has remained unmitigated to date and can drive the price upwards to fill the gap.
The second thing to notice on the chart is the trend line that the price of COTI had been following. The price had a rejection from this level before but ultimately the price had broken out of this trend line. After breaking out we find our third confluence which is the retest of the level. The price has retested the trend line and successfully held it. Not only that it had broken out of this range as well. All of these confluences show that the price of COTI is very bullish and we can soon expect the price to tap in the daily order block.
Price Prediction
COTI has been one of the most successful and powerful coins. The people have gained a lot, based on this coin. In the long run, traders are highly bullish on the project. The price of the coin has retraced back and is around the same price it had around the month of September 2021. According to the wallet investor, COTI is a good investment. The price of the coin is to reach a value of $0.720 in a year. In five years, the price is expected to reach around $2.043.
