Key Takeaways:
- The COTI price closed the previous day’s trade at $0.2739 with a market capitalization of $301.35 million and a circulating supply of 1.05 billion COTI
- COTI price aims to break out of the consolidation and surge by 17%, from where another jump of more than 20% may be expected very soon
Coti Price Analysis: How High Will COTI Crypto Price Go in April 2022?
The Coti price began with the monthly trade on a bullish note. And despite suffering huge loss, underwent a ‘V-shape’ recovery to regain the lost levels. Currently, the COTI price is attempting to undergo a similar recovery and could continue surging within the same path until it surges beyond $0.3. However, regaining the levels around $0.32 may confirm the double bottom pattern. This may in turn ignite another gigantic rally to test $0.4 to $0.45 levels by the end of April 2022.
Coti Price Prediction: Will COTI Price Hit $1 in 2022?
The start of the yearly trade was a continuity of the descending trend initiated after smashing the highs in Q4 2021. After a pretty long time, the COTI token underwent a parabolic recovery in the mid of February. However, currently, the price is consolidating just below $0.3, but a breakout from these levels may enable a monthly close at $0.4 levels.
Continuing with the bullish trend, the price may end the Q2 trade above $0.5 and continue testing a higher target to reach $1 by the end of 2022. However, price zones around $0.7 are pretty crucial and hence a huge sell-off is expected at these levels. Therefore, if the asset rebounds with enough bullish momentum, it may close the yearly trade an inch below $1.
Coti Price Analysis: BTC Price Table (Last 07 Days)
| Date | All-Time High | All-Time Low | Market Capitalization |
| 08 April 2022 | $ 0.32 | $ 0.27 | $ 301.35M |
| 07 April 2022 | $ 0.30 | $ 0.26 | $ 314.02M |
| 06 April 2022 | $ 0.34 | $ 0.26 | $ 285.89M |
| 05 April 2022 | $ 0.33 | $ 0.30 | $ 341.26M |
| 04 April 2022 | $ 0.32 | $ 0.27 | $ 314.32M |
| 03 April 2022 | $ 0.29 | $ 0.27 | $ 294.10M |
| 02 April 2022 | $ 0.28 | $ 0.25 | $ 295.04M |
Coti Price Prediction: COTI Price Trend Comparison with XNO (Last 30 Days)
Source: Tradingview
Coti (COTI) & Nano (XNO) both are popular blockchains mainly focused on payments gateway. Both the asset maintained an average trend until the mid of March, post to which XNO price decoupled and surged drastically. However, COTI price too followed but remained slightly lower than that of XNO. After multiple surges and plunges, currently, COTI/USDT & XNO/USDT rallies traders very close to each other. While Coti is around 31.21% above the average levels, Nano is 28.5% higher.
Correlation of COTI/USDT and COTI/BTC (Last 30 Days)
Source: Tradingview
The COTI paired with USDT and BTC after displaying equal strength decoupled during the mid of March. The USDT pair displayed an intensified bullish tendency which kept up the rally above the BTC pair. However, both faced an equal price slash and also recovered with equal intensity. Currently, COTI/USDT is 37.36% above the average line after dropping from 60%. Whereas, the COTI/BTC is around 26.53% above post to a drop from 36%.
Additional Read: What is COTI?
COTI Price Prediction 2022: Latest COTI coin News in March-April 2022
Coti Launches a $10 Million Fund
The Coti blockchain recently launched COTI Ventures to attract investments and capitalization to back its ecosystem.
Source: Twitter
Coti & Minswap to Explore Integration of Djed Stablecoin
Coti & Minswap together are exploring the ways to implement Djed, an algorithmic crypto-backed stable coin on Minswap DEX.
Source: Twitter
Where & How to Buy Coti (COTI) coin
Buying, Selling or Trading COTI is very simple and safe on CoinDCX. Apart from a secure environment, we offer a huge variety of crypto assets with multiple trading pairs. To register, just download the CoinDCX App on your smartphone and follow the instructions. Once your details are verified, then fund your wallet and buy a COTI token.
CoinDCX recently launched Crypto Investment Plan (CIP) which enables the users to invest in their desired coin in easy weekly installments. This may reduce the volatility risk to a large extent. Therefore, start in Bitcoin & other cryptos with Crypto Investment Plan now!
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].
The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.
