Coti is meant to simplify the payment system using means like blockchain, centralized banking, and many more. During uncertain times such kind of idea-based cryptos became flagships to save both banking and decentralized monetary systems since post covid economy seems to have a time bomb.
Therefore, the Coti coin had been surging silently from $0.08754 to $0.1274 on a 42 million daily volume. Organically, the hyped Coti entered the correction mode by losing 1.09%.
In August, Coti jumped and had a temporary uptrend within a weekly time frame. Unfortunately, the coin lost control over correction and fell deeply to $0.08581.
The most used SuperTrend strategy indicator is urging us to buy even though the coin’s volume daily volume decreases by 45%.