COTI Surges 20% from Recent Bottom, Technical Analysis Suggests $0.20 Price Target in Sight

The COTI network’s native token has demonstrated a robust 20% rebound from its recent low, sparking renewed interest among traders. Market analysts point to emerging bullish patterns on the daily chart, with key indicators suggesting potential upward momentum toward the $0.20 resistance level. This recovery comes amid improving sentiment across the broader altcoin market, though traders remain cautious about sustaining the breakout. The token’s performance is being closely monitored for confirmation of a new uptrend, with particular attention to trading volume and key moving averages.

• COTI rebounds from a low of $0.05004, beginning a strong upward move fueled by overall market recovery.
• The token is up nearly 7% in 24 hours with trading volume spiking 247% to $37.59M.
• A falling wedge pattern signals a potential breakout toward $0.20, a 77% move from current levels.
• The token is up almost 20% on higher timeframes, confirming strong bullish momentum.

COTI is in the bullish price territory and experiencing a surge in its value. As the overall market is in a bullish phase with Bitcoin’s recent surge, that is propelling a fresh wave of Optimism among the market participants. COTI is benefitting from this positive market phase.

After facing several weeks of volatility triggered by macro factors that propel huge sell-offs in the overall market. COTI is now well positioned for aa huge surge and recovering from its losses. The token hit its recent low at $0.05004 and rebounded strongly and started its upward trajectory.

Over the last 24 hours, the token is up by almost 7%, showing signs for further upward movements. Currently, the token is trading at $0.07041 with a 24-hour trading volume of $37.59M, which is significantly up by 247%, showing signs for bullish movements. Looking at a higher time frame, the token is significantly up by almost 20%, showing strong bullish signs.

Chart Points to $0.20 COTI Move

A recent X post from World Of Charts shared an exciting chart, pointing to a “falling wedge” pattern, a sign that often hints at a big upward move after a long dip. Looking at the chart, COTI’s price has been on a downward slide since September 2024, dropping from $0.2000 to a low of $0.0500 by early 2025.

But as of April 20, 2025, it’s sitting at $0.1127, hovering NEAR the top of this wedge pattern. According to World Of Charts, if COTI breaks out of this wedge, it could shoot up to $0.20; that’s a 77% jump! Falling wedges often signal a trend reversal, so this could be a big moment for COTI holders.

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