Previous article Cartesi price prediction as volume spikes 154% in 24 hours Next article Home Latest Cryptocurrency News Cartesi price prediction as volume spikes 154% in 24 hours Cartesi price prediction as volume spikes 154% in 24 hours By Motiur Rahman - min read 25 November 2021 Summary: Cartesi price (CTSI/USD) spiked 16% in the last 24 hours. Cartesi spiked earlier this month after RockX launched a pool with its Noether staking delegation. Cartesi bridges the gap between smart contracts and mainstream programming languages. The utility token of the blockchain-based programming platform Cartesi (CTSI/USD) rallied more than 15% in the last 24 hours, with trading volume spiking more than 54%. It is bouncing back after pulling back from all-time highs reached earlier this month. Cartesi seems to be riding secondary tailwinds from a November 10th announcement that spiked a rise of more than 100%. The platform expressed optimism after RockX launched a pool with its Noether staking delegation. Should you buy the rebound? From an investment perspective, Cartesi creates a unique opportunity for the software development industry, allowing developers to code smart contracts with mainstream programming languages like Python, REST, MongoDB, MySQL, Ruby. As a result, it offers a more scalable ecosystem compared to Ethereum, thus giving it an exciting outlook. Cartesi’s market value has now soared to a market cap of more than 532 million. However, it is still below the all-time highs reached on the 11th of November, thus leaving room for more upward movements. Source – TradingView Technically, Cartesi seems to have recently bounced back to complete an upward breakout from a descending channel formation. However, with the CTSI/USD price yet to reach overbought conditions, the current rally could continue for the foreseeable future. Therefore, investors could target extended gains at about $1.3097, or higher at $1.4241. On the other hand, $0.9369 and $0.8182 are crucial support levels. In summary, the current rebound in the CTSI price seems to have more room left to run. Share this article Categories Analysis Tags Cryptocurrency News