An official statement from Fetch.ai confirms that they continue to operate normally and are not facing financial difficulties. Earlier, information appeared that Fetch.ai was sold to the Assmbl.ai consortium as part of the restructuring process.
Given this news, today's rise in $COTI coin may be due to market factors and increased interest from traders.
According to technical indicators, today's price of $COTI is above the resistance level BOLL ($0.15569), which may indicate a possible continuation of price growth. However, it should be taken into account that the RSI and BOLL indicators show a bearish trend, which may indicate a possible corrective price movement in the near future.
