Cartesi (CTSI) Jerks Back to Life, Sets Sail Towards the $0.1400 Mark

Cartesi’s price movements have been consolidating largely between the $0.1300 and $0.1400 marks in recent times. However, the considerable price increase that has occurred in this market today has sparked the hope of price action surpassing the resistance at the $0.1400 price mark.

Cartesi Statistics:
CTSI Value Now: $0.1376
CTSI Market Cap: $102,614,141
Cartesi Circulating Supply: 742,552,410
CTSI Total Supply: 1,000,000,000
CTSI CoinMarketCap Ranking: 188

Major Price Levels:
Top: $0.1376, $0.1400, and $0.1450
Base: $0.1350, $0.1300, and $0.1250

Cartesi Welcomes More Long Trades

As earlier mentioned, the CTSIUSDT price action has displayed some notable increments in today’s trading session. Looking at the price candle that represents the ongoing session, it is revealed that traders are placing more long trades in this session than in the previous one. This seems to have given price movements a new bearing towards the price ceiling at $0.1400.

Furthermore, while trading activities continue to occur above the 50-day Moving Average curve, the Standard Deviation curve can be seen tilting upward at its tips. Consequently, this suggests that bulls are gaining momentum, which has the potential to raise the price of this token further.

CTSI Price Action Stays on in Pursuit of the $0.1400

Price action in the Cartesi 4-hour market can be seen staying consistently bullish. The previous two sessions in this time frame have produced significant gains for short-term traders, lifting prices through the $0.1300 mark.

Meanwhile, the Standard Deviations curve has further revealed that upside momentum is still building up in this market. This could be observed as the tip of the indicator curve has risen further upward with more vigor while above the 0.00 mark. At this point, buying momentum is more likely to increase further. Consequently, this is likely to cause price action to rise further towards the $0.1500 mark.

Despite the activities of short traders in the SOLUSDT 4-hour market, it could be seen that technical

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