In this Catizen (CATI) price prediction 2024, 2025-2030, we will analyze the price patterns of CATI by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS
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INTRODUCTION
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CATIZEN (CATI) PRICE PREDICTION 2024
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CATIZEN (CATI) PRICE PREDICTION 2025, 2026-2030 |
CONCLUSION |
FAQ |
Current Price | $0.676 |
24 – Hour Price Change | 8.20% Down |
24 – Hour Trading Volume | $245,266,070 |
Market Cap | $206,155,272 |
Circulating Supply | 305,000,000 CATI |
All – Time High | $1.11 (On September 20, 2024) |
All – Time Low | $0.6593 (On September 27, 2024) |
TICKER | CATI |
BLOCKCHAIN | BNB Chain |
CATEGORY | GameFi (Gaming and DeFi) |
LAUNCHED ON | August 2023 |
UTILITIES | GNFTs, Gaming, Trading, and Rewards |
Catizen (CATI) is a blockchain-based project designed to create an open metaverse focused on cats. Players in the Catizen ecosystem can adopt, raise, and interact with virtual cats called “Catizens,” each having unique traits and personalities. The platform uses non-fungible tokens (NFTs) to represent Catizens, offering users ownership and the ability to trade, breed, and play within the metaverse. Catizen incorporates a play-to-earn model, allowing players to earn rewards through gameplay and community participation. It aims to combine gaming, virtual pet care, and decentralized finance (DeFi) elements in a fun, engaging virtual world.
Catizen (CATI) ranks 241st on CoinMarketCap in terms of its market capitalization. The overview of the Catizen price prediction for 2024 is explained below with a daily time frame.
CATI/USDT Falling Wedge Pattern (Source: TradingView)
In the above chart, Catizen (CATI) laid out a Falling wedge pattern. The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. The falling wedge pattern occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower. Within this pullback, two converging trendlines are drawn. One of the main features of the falling wedge pattern is the volume, which decreases as the channel converges.
At the time of analysis, the price of Catizen (CATI) was recorded at $0.676. If the pattern trend continues, then the price of CATI might reach the resistance level of $0.7011, and $0.8114. If the trend reverses, then the price of CATI may fall to the support of $0.6567.
The chart given below elucidates the possible resistance and support levels of Catizen (CATI) in 2024.
CATI/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Catizen (CATI) for 2024.
Resistance Level 1 | $0.8061 |
Resistance Level 2 | $0.9965 |
Support Level 1 | $0.6561 |
Support Level 2 | $0.5378 |
CATI Resistance & Support Levels
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Catizen (CATI) are shown in the chart below.
CATI/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Catizen (CATI) market in 2024.
INDICATOR | PURPOSE | READING | INFERENCE |
50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.7231Price = $0.6817 (50MA > Price) |
Bearish/Downtrend |
Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 39.8361 <30 = Oversold 50-70 = Neutral>70 = Overbought |
Nearly Oversold |
Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
In the below chart, we analyze the strength and volatility of Catizen (CATI) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
CATI/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Catizen (CATI).
INDICATOR | PURPOSE | READING | INFERENCE |
Average Directional Index (ADX) | Strength of the trend momentum | 27.7602 | Strong Trend |
Relative Volatility Index (RVI) | Volatility over a specific period | 53.89 <50 = Low >50 = High |
High volatility |
Let us now compare the price movements of Catizen (CATI) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs CATI Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of CATI is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of CATI also increases or decreases respectively.
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Catizen (CATI) between 2025, 2026, 2027, 2028, 2029, and 2030.
Year | Bullish Price | Bearish Price |
Catizen (CATI) Price Prediction 2025 | $3 | $0.5 |
Catizen (CATI) Price Prediction 2026 | $4 | $0.4 |
Catizen (CATI) Price Prediction 2027 | $5 | $0.3 |
Catizen (CATI) Price Prediction 2028 | $6 | $0.2 |
Catizen (CATI) Price Prediction 2029 | $7 | $0.1 |
Catizen (CATI) Price Prediction 2030 | $8 | $0.09 |
If Catizen (CATI) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Catizen (CATI) price prediction for 2024 is $0.9965. Comparatively, if unfavorable sentiment is triggered, the bearish Catizen (CATI) price prediction for 2024 is $0.5378.
If the market momentum and investors’ sentiment positively elevate, then Catizen (CATI) might hit $2. Furthermore, with future upgrades and advancements in the Catizen ecosystem, CATI might surpass its current all-time high (ATH) of $1.11 and mark its new ATH.
Catizen (CATI) is a blockchain-based project to create an open metaverse focused on cats.
Catizen (CATI) has been listed on many crypto exchanges, which include PancakeSwap, Gate.io, BitMart, MEXC, LBank, Hotbit, CoinW, and DigiFinex.
With the ongoing developments and upgrades within the Catizen platform, CATI has a high possibility of reaching its ATH soon.
On September 20, 2024, Catizen (CATI) reached its new all-time high (ATH) of $1.11.
According to CoinMarketCap, CATI hit its all-time low (ATL) of $0.6593 on September 27, 2024.
Catizen (CATI) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Catizen (CATI) will hit $3 soon.
Catizen (CATI) price is expected to reach $3 by 2025.
Catizen (CATI) price is expected to reach $4 by 2026.
Catizen (CATI) price is expected to reach $5 by 2027.
Catizen (CATI) price is expected to reach $6 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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