Catizen listing coinbase
Catizen AI has officially announced that the CATI-PERP market (Catizen perpetual futures) trading will launch on Coinbase International Exchange and Coinbase Advanced. The Catizen coin trading will begin after 9:30 AM UTC on September 26.
Catizen AI Announced CATI-PERP Market to Launch on Coinbase. Source:
X
The new CATI-PERP perpetual futures will provide a new derivative trading option for Catizen’s native token, $CATI. Perpetual futures allow traders to speculate on an asset’s price without holding the asset itself. Unlike traditional futures, perpetual contracts have no expiration, offering more trading flexibility.
In addition to Coinbase’s upcoming listing of CATI perpetual futures, Catizen has also
listed its token on Binance Futures
. The platform has launched the “Futures Trading Carnival,” where participants can win a share of 50,000 CATI tokens.
Moreover, the Catizen team has collaborated with Binance Web3 and Mantle to roll out an airdrop campaign. This initiative offered over $300,000 in rewards through Fish Coins and $MNT tokens.
CATI Coin Price Rally Ahead?
Following the announcement of Catizen PERP-future trading on Coinbase Exchange, Catizen coin ($CATI) saw an immediate surge in price, rising by over 7% to reach $0.8368.
CATI/USDT price chart with RSI. Source:
TradingView
However, as is often the case with highly volatile assets, the gains were short-lived. The
Catizen coin price
quickly fell back to $0.80, and at the time of writing, $CATI is up by 0.6%, trading at $0.79.
An RSI reading of 49.65 suggests that the market is neither overbought nor oversold. This neutrality often indicates that the token is consolidating, with no strong directional bias from buyers or sellers. In this case, the CATI price appears to stabilize near the $0.79 level.
The current RSI level shows that while there’s no overwhelming buying pressure, there is also no significant selling pressure. This could mean the market is waiting for further developments, such as the September 26 perpetual futures launch, before making a decisive move in either direction.
If the RSI rises above 70, it would indicate that CATI is entering overbought territory, which could trigger a price correction. On the other hand, if the RSI drops below 30, it would signal an oversold condition, suggesting that the token may be undervalued and could be due for a rebound.
