Catizen Price Prediction: $CATI Aims For A Breakout
Just after its launch, the Catizen price soared through a markup phase to as high as $1.09, before going through a correction.
The Catizen price is now trading within the symmetrical triangle, as the bulls aim for a breakout, according to the CATI/USDT chart on the 1-hour timeframe.
A bullish stance at this level could allow the bulls to prompt a breakout above the upper boundary, which could push the price of Catizen towards the next target at $1.10.
Meanwhile, the Relative Strength Index (RSI) is falling below the neutral zone towards the 30-oversold level, currently at 41.
This may be an indication that the price of Catizen is currently under intense selling pressure.
Hope for the reversal
