- Cartesi: A Quick Overview
- Cartesi (CTSI): Features And Tokenomics
- Cartesi Price Prediction: Price History
- Cartesi Price Prediction: Technical Analysis
- Cartesi Price Prediction By BlockchainReporter
- Cartesi Price Prediction 2022
- Cartesi Price Prediction 2023
- Cartesi price Prediction 2024
- Cartesi Price Prediction 2025
- Cartesi Price Prediction 2026
- Cartesi Price Prediction 2027
- Cartesi Price Prediction 2028
- Cartesi Price Prediction 2029
- Cartesi Price Prediction 2030
- Cartesi Price Prediction: Experts’ Opinions
- Is Cartesi A Good Investment? When Should You Buy?
- Final Words
Cartesi had an overwhelming performance in the past. Let’s find out its expected future prices from our Cartesi price prediction.
In recent years, the crypto space has witnessed a paradigm shift from being a place for developers and tech enthusiasts to an open platform for millions of users, traders and investors around the world. Several altcoins like ADA and XRP are already ruling the world and have inspired many cryptocurrencies to carry forward the role. Cartesi is one of them, as it brings actual use cases to potential investors. However, the recent crypto winter has plunged Cartesi hard to the bottom line, creating confusion for investors in making proper investment decisions. Our Cartesi price prediction aims to provide its project analysis, future trading prices, and technical analysis so that you can consider Cartesi whether to add it to your crypto portfolio or not.
Cartesi: A Quick Overview
The steady and bullish rise of Cartesi in the past lured investors into getting into this project. Cartesi is a layer two platform which is designed to provide scalability, development and deployment to decentralized apps (dApps). Being the first OS on the blockchain, the dApps on the Cartesi network use both on and off-chain functionalities by implementing Cartesi nodes.
Cartesi network was founded and developed by Erick de Moura, Colin Steil, Diego Nehab and Augusto Teixeira in 2018. However, its initial whitepaper of development tools was released in 2021. Let’s find out its current market details to clarify our Cartesi price prediction better.
Cryptocurrency | Cartesi |
Ticker Symbol | CTSI |
Price | $0.1363 |
Price Change 24h | +1.6% |
Market cap | $$88,296,994 |
Circulating Supply | 644,938,333.30 CTSI |
Trading Volume | $5,842,585 |
All time high | $1.75 |
All time low | $0.02675 |
Cartesi ROI | +801.67% |
Cartesi (CTSI): Features And Tokenomics
The Cartesi network is a proof-of-stake (PoS) platform that aims to modernize the smart contract mechanism to eliminate high transaction fees and scalability issues on the Ethereum network. The nodes quickly validate transactions through a layer-2 blockchain solution and enhance scalability. The whitepaper states, “Cartesi’s mission is to help dApp developers build ever more compelling products to their clients. As with any paradigm shift, the blockchain brings both opportunity for real innovation and the risk of wheel reinvention. In a direct application of the principle of least astonishment, Cartesi’s core enables developers to leverage pre-existing knowledge and tools to boost their productivity. The remaining components of the Cartesi platform will help developers unleash their creativity when taking advantage of the blockchain’s unique potential.”
The CTSI token powers the Cartesi network, and it is used for two prominent use cases: the first application is Noether which is a side-chain designed for cloud storage of the Cartesi network, and the other one is Descartes Rollups which integrates software components to smart contract nodes on the Linux VM by implementing a variation of rollups. The Noether works on the proof-of-stake (PoS) consensus mechanism that allows CTSI stakeholders to generate a passive reward on the network. Let’s find out the utilities of CTSI tokens:
- The uniqueness of Cartesi: The uniqueness of Cartesi is in its designed approach to bringing incremental improvement to its decentralized applications that add more value to the blockchain infrastructure.
- Portability: Cartesi is hassle-free to run and provides extra functionalities for smart contracts-enabled blockchains. It currently works on Ethereum, BSC, Elrond, and Matic blockchains, and more networks with integrations are expected to happen soon.
- Highest Computational Scalability: Cartesi’s off-chain function, Descartes, ensures that it can touch million-fold computational scalability.Â
- Privacy: Cartesi offers end-to-end encryption and maintains the confidentiality of transactions and dApps users.Â
- Mainstream programmability: The infrastructure of the Cartesi network uses advanced software without breaching the security of the network.Â
Cartesi Price Prediction: Price History
Before digging further, it is essential for investors to know about Cartesi’s price history to get a better view of its future prices and potential. However, price history is not an indicator of our Cartesi price prediction.
Cartesi went to live in the crypto market with a trading price of $0.05717 in April 2020. However, the uptrend did not last long as it quickly dropped to a price of $0.0287 on 15 May. However, it made a slight upward retracement and traded near $0.052 on 12 July and continued its bullish rally till 13 August, when it touched $0.103. The price then met a short-term bearish trend and reached a range of $0.04 in September. CTSI continued in a range-bound area between $0.04 and $0.05 and closed the year at $0.04363.
In 2021, the crypto boom brought incredible highs to the crypto market, and CTSI was no exception. In February, CTSI suddenly witnessed a spike and reached $0.3 on 12 February. Its price then made a slight correction and touched $0.15 on 24 February. However, it again brought bullish vibes to its investors as it started showing its true strength by trading above $0.6 in April. By the beginning of May, CTSI’s price made an exponential rise and touched its all-time high at $1.7 on 9 May. CTSI then made a sharp fall on the next day and reached the bottom at $0.9. However, CTSI tried to push its price upward and continuously failed and dropped to $0.5 on 24 May. The bearish trend of Cartesi continued further and traded below $0.4 in June. CTSI came over some development news and listing, which again pushed its price to a high of $1.2 on 13 November.
In 2022, the Covid-19 pandemic severely hit the crypto market and plunged several cryptocurrencies to the South, including leading assets like Bitcoin and Ethereum. In February, the price fell from $0.53 to a low of $0.28. The bearish trend extended further in May when it attained a low of $0.1. The price of CTSI continued in a consolidated zone between $0.14 and $0.12 throughout the rest of the months.
Cartesi Price Prediction: Technical Analysis
Cartesi had an eventful journey in the past; however, the current price turmoil has confused investors in making appropriate investment decisions. Hence, our Cartesi technical analysis aims to bring its future price movements so that the trend gets clear for investment.
According to CoinMarketCap, CTSI is currently trading at $0.1363 with an uptrend of nearly 1.6%. Looking at the daily price chart of CTSI, our technical analysis reveals more price dips before making any bullish reversal, as the EMA-50 line tends to drop further. CTSI recently attempted to break its immediate resistance level at $0.1483 but faced rejection and dropped to a low of $0.1285. The Balance of Power (BoP) trades in a slight positive range at 0.5, indicating a minor upward correction before a bearish trend. The BoP indicator indicates a bullish or bearish momentum of a cryptocurrency as a range above 0 suggests that buyers control the coin, while below 0 shows bears’ domination.
The RSI-14 is trading in positive territory as it trades at the 47-level, hinting at a minor upward retracement. CTSI may witness a sharp fall if the RSI drops below 40. Furthermore, EMA-100 indicates a slight bullish momentum as it trades above EMA-20 and EMA-50. However, the MACD line trades in a negative territory, which shows an immediate bearish trend. The Bollinger band’s upper limit is $0.207; if this price level breaks, CTSI can attain its key resistance level at $0.31. Conversely, the Bollinger band’s lower limit is $0.105; if this level breaks, CTSI can witness a sharp fall and trade near its crucial support level at $0.08.
Cartesi Price Prediction By BlockchainReporter
Cartesi Price Prediction 2022
According to our Cartesi price prediction for 2022, Cartesi is predicted to attain a maximum value of $0.16 with an average trading price of $0.15. Our technical analysis reveals that Cartesi can go as low as $0.14.
Cartesi Price Prediction 2023
Our Cartesi price prediction for 2023 expects a maximum trading price of $0.25, with an average trading price of almost $0.21. Cartesi might retrace downward with a minimum price of $0.20 by the end of 2023.
Cartesi price Prediction 2024
The fundamentals of developing the Cartesi project are bright and overwhelming. Our Cartesi price prediction for 2024 predicts that the token might continue its bullish momentum, and Cartesi is potentially projected to achieve a maximum price level of $0.36. Cartesi might record a low of $0.31, with an average trading price of $0.32.
Cartesi Price Prediction 2025
Our Cartesi price prediction for 2025 anticipates a minimum value of $0.43 and a maximum value of $0.54. Our Cartesi price forecast for 2024 predicts an average trading price of $0.45.
Cartesi Price Prediction 2026
Cartesi may rise vertically upward in 2026 and bring a significant return on investment to its long-term holders. Our Cartesi price prediction for 2026 expects a maximum price of $0.76 with an average trading price of $0.65. Cartesi may trade at a minimum value of $0.63.
Cartesi Price Prediction 2027
Over the next five years, the crypto market may bring optimistic returns to the world. Our Cartesi price prediction for 2027 suggests that Cartesi may reach a maximum price of $1.10. Cartesi may trade at an average price of $0.96 with a minimum value of $0.92.
Cartesi Price Prediction 2028
Our Cartesi price prediction 2028 analyses that Cartesi may touch a maximum price of $1.61 and an average trading price of $1.39. The minimum value for the Cartesi cryptocurrency is predicted to hit $1.35.
Cartesi Price Prediction 2029
In the upcoming years, Cartesi may acquire impactful partnerships due to its solid fundamentals and can push its price to the North. Our Cartesi price prediction for 2029 expects a maximum price for this coin to be $2.32 and a minimum price of $1.93. Cartesi may reach an average value of $1.98.
Cartesi Price Prediction 2030
If Cartesi continues its bullish momentum, which depends upon the crypto market’s favorability, we can see a maximum price level of $3.48 with an average trading price of $3.05. However, Cartesi is projected to hit a minimum value of $2.95 by the end of 2030.
Cartesi Price Prediction: Experts’ Opinions
According to Cartesi price prediction by WalletInvestor, CTSI can decline in value as the price might reach $0.879 in the next five years. With a 5-year investment, the revenue and price change are expected to be around +148.31%. One can buy Cartesi or sell it in this selected timeframe.
DigitalCoinPrice’s Cartesi Price Prediction says that CTSI may have a bullish future ahead as it can close this year at a price range of $0.16. According to them, CTSI can trade near $0.3 in 2025, and it may continue its bullish momentum further as it can reach a maximum value of $0.78 by the end of 2030.
Is Cartesi A Good Investment? When Should You Buy?
To prove the utility of the project, the developing team is constantly putting efforts into adding more valuable functions and integrations to the network. If everything goes well and flows with the wind, Cartesi can definitely turn out to be a profitable investment option in the future. According to our Cartesi price prediction, a price range of $0.12 might be an excellent buying opportunity to generate a great return in the long term.
Final Words
Our Cartesi price prediction reveals that CTSI is an excellent digital asset if you are looking for a great return. CTSI has shown overwhelming growth in the past, and it has gathered a wide range of whale investors and the attention of the crypto community. Furthermore, the project’s acceptance in all crypto exchanges has evolved the market towards the futuristic vision. However, investors are advised to do their own research and conduct experts’ opinions before investing in the volatile crypto market.