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Cryptocurrency News Articles

COTI Is in the Bullish Price Territory and Experiencing a Surge in Its Value

Apr 21, 2025 at 07:30 am

As the overall market is in a bullish phase with Bitcoin's recent surge, that is propelling a fresh wave of optimism among the market participants.

COTI Is in the Bullish Price Territory and Experiencing a Surge in Its Value

COTI is trading in bullish price territory and has seen a surge in its value. As the overall market is in a bullish phase with Bitcoin’s recent surge, that is propelling a fresh wave of optimism among the market participants, COTI is benefitting from this positive market phase.

After facing several weeks of volatility triggered by macro factors that propel huge sell-offs in the overall market, COTI is now well-positioned for a huge surge and recovering from its losses. The token hit its recent low at $0.05004 and rebounded strongly and started its upward trajectory.

As the chart shows, over the last 24 hours, the token is up by almost 7%, showing signs for further upward movements. Currently, the token is trading at $0.07041 with a 24-hour trading volume of $37.59M, which is significantly up by 247%, showing signs for bullish movements. Looking at a higher time frame, the token is significantly up by almost 20%, showing strong bullish signs.

COTI Price Is Now Well-Positioned For A Huge Surge

A recent X post from World Of Charts shared an exciting chart, pointing to a “falling wedge” pattern, a sign that often hints at a big upward move after a long dip.

Looking at the chart, COTI’s price has been on a downward slide since September 2024, dropping from $0.2000 to a low of $0.0500 by early 2025. But as of April 20, 2025, it’s sitting at $0.1127, hovering near the top of this wedge pattern.

According to World Of Charts, if COTI breaks out of this wedge, it could shoot up to $0.20; that’s a 77% jump! Falling wedges often signal a trend reversal, so this could be a big moment for COTI holders.

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Other articles published on Apr 21, 2025