The chart created on July 16, 2025, shows that CoW Protocol (COW/USD) has formed a rising wedge pattern. A rising wedge is a bearish chart formation where price moves upward between two converging trendlines, signaling a potential sharp drop once support breaks.
CoW Protocol / US Dollar – 1D – COINBASE. Source: TradingView
In this case, COW/ USDT has climbed to $0.4376, near the wedge’s upper resistance line, while volume remains relatively flat. The 50-day EMA is at $0.3366, which the price has recently flipped into support.
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If the wedge breaks downward, the chart points to a possible 90% drop from the current level. That would bring the price down toward the blue horizontal line near $0.0436.
This level aligns with previous support from October 2024 and high-volume nodes, making it a logical downside target. The large green arrow on the chart confirms that the bearish scenario is being considered.
Until the wedge breaks decisively, the pattern remains active. A confirmed close below the lower red trendline will likely trigger the drop. The price structure and historical chart data support this potential move.
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In summary, the rising wedge pattern suggests CoW Protocol could fall from $0.4376 to $0.0436—a projected 90% decline—if breakdown follows.
CoW Protocol MACD Chart Analysis
ACD indicator for CoW Protocol on a daily timeframe. The MACD line (blue) just crossed above the signal line (orange), and the histogram bars turned green. This crossover happened near 0.0151, signaling bullish momentum in the short term.
MACD (12, 26, close) – CoW Protocol / US Dollar – 1D – COINBASE. Source: TradingView
MACD (Moving Average Convergence Divergence) tracks the difference between two exponential moving averages (typically 12 and 26 periods). A crossover above the signal line often signals increasing buying strength. In this chart, the MACD line is at 0.0219, the signal line is at 0.0068, and both are rising.
The histogram, which shows the gap between the two lines, is also expanding upward. This confirms that momentum is building. However, momentum alone doesn’t override chart structure. The earlier wedge pattern still suggests possible reversal.
So, while the MACD currently shows short-term bullish strength, it may be temporary if the rising wedge pattern breaks down. Keep watching volume and price structure for confirmation.
CoW Protocol RSI Chart Analysis
The chart displays the Relative Strength Index (RSI) for CoW Protocol on the daily timeframe. As of July 16, 2025, the RSI is at 72.60, which is above the 70 threshold, marking overbought territory.
RSI (14, close) – CoW Protocol / US Dollar – 1D – COINBASE. Source: TradingView
RSI is a momentum indicator that measures recent price changes to evaluate whether an asset is overbought or oversold. Values above 70 typically suggest overbought conditions, which often precede a price pullback or reversal.
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The RSI climbed sharply from below 30 in late June to over 70 in mid-July. This rise reflects strong buying pressure. However, when RSI crosses above 70, it often signals that the asset may be overheated.
The yellow average line (currently at 56.31) shows a steep upward slope, confirming strong momentum. Still, the current RSI level warns that the recent rally may be exhausting, especially when paired with the rising wedge pattern seen in the price chart.
In summary, RSI confirms that CoW Protocol is overbought. If momentum weakens, this could trigger a reversal—in line with the rising wedge breakdown scenario.
Catizen has emerged as a dominant force in the TON ecosystem. The Telegram-based cat game has seen sharp growth in users, exchange listings, and blockchain activity. Since its beta launch on March 19, 2024, Catizen has reached over 20 million users and 2.5 million daily active players, making it one of the fastest-growing Web3 games this year.
By mid-September, Catizen recorded 7 million daily active users on Telegram, 2.76 million on-chain users, and more than 36.58 million transactions. These figures place it at the center of TON’s GameFi expansion.
Game Structure and User Engagement Fuel Growth
Built on The Open Network (TON), Catizen combines GameFi mechanics, AI elements, and the metaverse. It runs inside Telegram and rewards players through a “Play for Airdrop” model. Players manage cat-themed pet shops, earn coins, and merge cats to create higher-level breeds. In-app purchases and leveling mechanics link directly to revenue potential, with gameplay tied to Telegram wallets and smart contract execution.
The game’s structure has led to over $12 million in Telegram-based in-app purchases. Smart contract integration also enables users to engage with TON’s blockchain using only gas fees. So far, over 1 million users have used their wallets for on-chain actions, strengthening Catizen’s blockchain presence.
TON Ecosystem Continues Despite Telegram Founder Controversy
Despite recent scrutiny around Telegram’s founder, the TON ecosystem remains stable. Developers and projects continue to build. According to official sources, TON now supports 551 active applications, including decentralized exchanges, wallets, staking, NFTs, games, and public tools.
Instead of slowing down, the controversy has pushed the TON community to focus more on transparency, compliance, and user governance. Catizen remains one of the most visible contributors to this momentum.
MEXC Integration Expands Catizen’s Market Impact
On September 20, MEXC listed Catizen’s token ($CATI), further expanding its reach. The exchange has also added several other TON-related tokens, including $NOT, $SHITC, $TON, $DOGS, and $ANON. To support the growing demand, MEXC introduced a dedicated TON ecosystem section.
MEXC’s quick listing strategies, low fees, and broad token coverage have helped Catizen reach wider audiences and increase trading volumes. The collaboration has positioned both MEXC and Catizen to benefit from increased user attention in the TON space.
As of July 16, Catizen continues to trend across Telegram channels and crypto forums. Community interest remains strong, and user activity shows no signs of slowing. The Catizen-MEXC connection has enhanced visibility and reinforced Catizen’s status within the Web3 gaming market.
On July 16, 2025, the Catizen CATI/USDT daily chart on TradingView confirmed the formation of a descending triangle, a bearish technical pattern. The price traded at $0.10372 at the time of the chart’s capture. The triangle pattern formed over several weeks, with a flat support line near $0.071 and a series of lower highs.
In this setup, the triangle’s resistance slope pushes downward, while support stays steady. The descending triangle generally signals weakening buying pressure and rising selling strength. Once the price breaks below the horizontal support, it often triggers a strong move downward.
A descending triangle is a bearish continuation pattern often seen during downtrends. It has a flat bottom and a declining upper trendline. Traders consider it a warning of an incoming breakdown, as sellers gradually overpower buyers.
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This pattern typically leads to a price drop equal to the height of the triangle measured from its widest part. In Catizen’s case, the projected move suggests a 71% drop from the current price.
Using the vertical height of the triangle from peak to support, the downside target lies near $0.02996. The price may fall from the current level of $0.10372 to that projected bottom if the pattern confirms a full breakdown.
The 50-day EMA currently sits around $0.08935, and the price recently moved below this level again after briefly retesting the triangle’s upper boundary.
If support near $0.071 breaks, the descending triangle will likely confirm a continuation of the downtrend. Technical indicators and historical behavior of this pattern suggest that a steep decline toward $0.02996 remains possible in the short term.
The RSI (Relative Strength Index) chart for Catizen (CATI), dated July 16, 2025, shows the 14-day RSI line at 65.33, with the signal (smoothing) line at 52.64. The sharp upward slope indicates that buying momentum has accelerated in recent sessions.
The RSI moved above the neutral 50 zone in early July and has continued climbing since then. This upward trajectory signals increased interest and positive momentum for the token.
RSI is a technical indicator that measures the speed and change of price movements on a scale from 0 to 100:
At 65.33, Catizen is approaching overbought territory but hasn’t entered it yet. This level often triggers caution among traders, as it reflects stretched buying activity that could soon reverse or slow down.
While the RSI shows strength, it contrasts with the descending triangle pattern visible on the price chart. That pattern generally points to potential downside, while the RSI shows strong upward momentum.
This divergence could mean a temporary bounce is playing out before a broader breakdown—or that bulls are trying to invalidate the bearish pattern. If the RSI moves above 70, the asset may enter a short-term overheated phase, possibly leading to pullbacks.
MACD Flashes Fresh Bullish Crossover for Catizen
The MACD (Moving Average Convergence Divergence) chart for Catizen (CATI), dated July 16, 2025, signals a fresh bullish crossover. The MACD line (blue) has crossed above the signal line (orange), reading 0.00257 vs 0.00052. The histogram has flipped green, confirming momentum is shifting to the upside.
MACD helps identify trend direction and strength by comparing short- and long-term price momentum. In this case, the MACD uses the standard 12-day and 26-day EMAs.
When the MACD crosses above the signal line, it reflects renewed bullish energy. It often leads short-term traders to anticipate upward continuation—especially when supported by rising histogram bars.
Throughout June, the MACD remained below the signal line, with red histogram bars dominating. This indicated a fading trend. However, July’s steady recovery has pushed the MACD back above, with histogram bars growing for several sessions.
The most recent crossover suggests Catizen’s upside push is gaining traction, aligning with the latest RSI movement toward 70. But this signal contrasts with the bearish descending triangle still active on the price chart.
While the MACD crossover confirms bullish momentum, the broader trend structure remains uncertain. The triangle pattern implies possible breakdown. However, if the MACD trend holds, short-term price relief may delay that scenario.
