Catizen will launch its CATI token on Friday, Sept. 20.
The token is already trading as an IOU on several centralized exchanges.
One price prediction says CATI may reach $1.50 next year.
#CATIprediction đ
The time for trading Catizenâs token on Binance is coming, as CATI will commence trading on Friday, Sept. 20, 2024. Binance, in fact, will be the first platform to list the official token, with trading starting at 10:00 AM UTC. The token is already trading as an IOU â which stands for âI owe youâ and is a contract that acknowledges a certain amount of debt owed â on XT, at around $1 at the moment of writing.
Catizen Network Price Prediction
Letâs examine some of the Catizen Network price predictions CCN made on Sept. 16, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.
CATI Price Prediction. Average CATI Price Prediction Maximum. CATI Price Prediction
$0.50 $0.75 $1
$0.80 $1.14 $1.50
Catizen Price Prediction 2024
Before it goes live on Binance, based only on trading activity on XT so far, CATI price could reach targets between $0.50 and $1 by the end of 2024, with the average price set at $0.75.
Catizen Price Prediction for 2025
Technical analysis suggests a potential increase for Catizen in 2025. The minimum CATI price expected for 2025 is $0.80 while the maximum one is $1.50. In the middle, it may reach $1.14.
Catizen Price Prediction for 2030
Based on technical analysis, the CATI token may reach a maximum level of $10 at the beginning of the next decade, while, in the worst scenario, it may go to $5. The average expected price is $7.
CATI Price Analysis
The price of CATI started its uptrend on Sep. 6, trading at $0.33. From there, we saw an increase of 160%, leading to a high of $0.846 on Sep. 14. The price made a downturn and fell to $0.66 today, Sep. 16, but a bounce followed to a high of $0.77.
An ascending channel formed since its market release could have been the starting five-wave pattern. If this is true, todayâs decline to the 0.382 Fibonacci retracement level could mark the completion of wave 4, meaning that the following bounce is its starting of wave 5.
Projecting the target for its final wave to the 0.786 Fibonacci extension level, which matches the ascending resistance, we reach $0.96 for its final high in this advancement. Should this play out, CATI will complete its first five-wave pattern in a starting bull cycle, which the first bullish correction will likely follow.
When this stage ends, the price would have the potential to continue its upward trajectory
decisively and lead to further highs in 2024.
