InstaForex

August 26, 2021

COTI Appears Fierce Produces 80% Jump In One Day!

 COTI, the world’s first blockchain optimized for decentralized payments came up with ‘fierce’ price movements.


Yesterday’s trading session, COTI produced over 80% jumps reaching the latest high of $ 0.49.


The newly listed COTI on ‘Coinbase Pro’ has prompted a soaring price movement.


Breaking News!

We were extremely happy to see that $ COTI will be listed on Coinbase Pro!

Trading will begin today, August 26, at 9 AM PT (Pacific Time). https://t.co/BwPJNfKzJV


Thank you @coinbasepro! $ COTI #staycoti https://t.co/Hve65styGD


- COTI (@COTInetwork) August 26, 2021


Some crypto analysts consider COTI to have high potential in the near term to head to the $ 0.57 ATH recorded in last season’s bulls.



Looking at the COTI/USDT chart, the COTI price movement is seen to have produced a gain of over 260% in the August trading session.


From a technical point of view, the COTI price movement is trying to regain upward momentum, the SBR (support become resistance) level around $ 0.42 is seen to be the next focus to be tested.


For a higher jump, the resistance level around $ 0.48 needs to be broken first before heading to ATH $ 0.57.


However, if the Coti price continues the bearish trend, the price is seen to re -test the RBS level (resistance become support) around $ 0.27 before heading to a lower level.


At the time of writing, COTI/USDT is trading at $ 0.39 up over 40% in the last 24 hours.