The CATI token from Catizen is set to officially launch on Friday, September 20, 2024, with trading beginning on Binance at 10:00 AM UTC. Even before its official launch, the token is being traded as an IOU on various centralized exchanges, currently hovering around $1.

### Catizen Network Price Forecast

Let’s take a look at the price predictions for the Catizen Network as of September 16, 2024. It’s essential to keep in mind that predictions, particularly for cryptocurrencies, can be highly speculative and may not always be accurate.

| CATI Price Range | Expected Average Price | Potential Maximum Price |

|------------------------|------------------------|--------------------------|

| $0.50 | $0.75 | $1.00 |

| $0.80 | $1.14 | $1.50 |

### Catizen Price Prediction for 2024

Based on the trading patterns observed on XT so far, the CATI price could range between $0.50 and $1 by the end of 2024, with an average price anticipated around $0.75.

### Catizen Price Prediction for 2025

Looking ahead to 2025, technical analysis suggests that CATI could experience further price growth. The projected minimum price for CATI in 2025 is $0.80, with the potential to reach as high as $1.50, and an average price hovering near $1.14.

### Catizen Price Prediction for 2030

Further into the future, technical analysis points to the possibility of CATI reaching a maximum price of $10 by 2030, with a worst-case scenario of falling to $5. The average price is expected to be around $7 as we enter the next decade.

### CATI Price Analysis

The price of CATI started its upward movement on September 6, beginning at $0.33. This was followed by a 160% increase, peaking at $0.846 on September 14. After a brief drop to $0.66 on September 16, the price rebounded to $0.77.

Since its market debut, CATI has been following an ascending channel, which may indicate the start of a five-wave pattern. If this pattern holds, the recent dip to the 0.382 Fibonacci retracement level could signify the completion of wave 4, setting the stage for wave 5.

If the final wave aligns with the 0.786 Fibonacci extension level, matching the ascending resistance, the target price could be around $0.96. Should this scenario play out, CATI would complete its initial five-wave pattern, potentially signaling the beginning of a bull cycle, likely followed by a bullish correction.

Once this stage concludes, CATI could continue its upward trend, leading to further price increases in 2024.

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