COTI Price Analysis: COTI price above $0.5502 support level, set for further growth?

TL;DR Breakdown COTI price analysis is bullish for today, up by 1.3%.COTI price resistance at $0.5700, which currently isn’t broken.Another important resistance is at $0.6255. The COTI price analysis is bullish for today as the price is trading above the support zone of $0.5502. The entire market has seen a sudden bullish growth as the price of Bitcoin surged from $42.6K to $43.2K. If Bitcoin continues to rise above this price level, the overall market sentiment is expected to turn very bullish. For now, Bitcoin has returned to the $43K zone. According to the data by Coinmarketcap, the trading 24-volume for COTI has dropped by almost 21.53%, which is a little less than a quarter of the previous volume. The market cap for cryptocurrency has dropped by almost 7.20%. Considering the market dominance for COTI, the percentage comes at 0.03. The support for the coin is currently at $0.5502, which holds. The resistance is present at $0.6255, which still remains unbroken as the market rank is #122. The price of the coin is currently 9197.21%, up from its all-time high, which means that COTI/USDT is definitely a good investment. COTI price analysis: Technical indicators still bullish Technical indicators are showing mixed signals, but the overall sentiment of COTI price analysis is still bullish. The COTI/USDT price has conquered the key Moving Averages, i.e., the 100-day and the 50-day Moving Averages. This indicates that ...