Summary:

• Cartesi price (CTSI/USD) spiked 16% in the last 24 hours.

• Cartesi spiked after RockX launched a pool that included its Noether stake delegation.

• Cartesi bridges between smart contracts, and mainstream programming languages.

The utility token of the blockchain-based programming platform Cartesi (CTSI/USD) rallied more than 15% in the last 24 hours, with trading volume spiking more than 54%. After falling from its all-time highs earlier in the month, it is now rebounding.

Cartesi seems to be riding secondary tailwinds from a November 10th announcement that spiked a rise of more than 100%. After RockX’s pool launch, the platform expressed optimism.

Should I buy the rebound?

From an investment perspective, Cartesi presents a unique opportunity to the software development industry. It allows developers to create smart contracts using mainstream programming languages such as Python, REST and MongoDB.

This makes it a more scalable platform than Ethereum and gives it an exciting outlook.

Cartesi’s market value has now soared to a market cap of more than 532 million. However, it is still below the all-time highs reached on the 11th of November, thus leaving room for more upward movements.

However, the CTSI/USD prices are still far from being overbought, so the current rally may continue into the future.

Investors could expect to make substantial gains of around $1. 3097, or higher at $1.4241. The other hand, $0. 9369 and $0. 8182 are crucial support levels.

In summary, the CTSI rebound seems to have more potential.