A bearish week for Bitcoin finished with most of the crypto market enduring twofold digits trading losses. Beside these fluctuations, tweets about Bitcoin and crypto from US President Donald Trump prompted an inescapable rush of reactions and conclusions on crypto social media. The crypto markets are once again back on the rise, as bulls are fighting again to sustain its last week prices.

The price of Cajutel is currently rising on the intraday chart. The indications for price improvement in today's chart are slim. The market is up and Bitcoin has opened with an uptrend, CAJ has a slight impact on this uptrend.

After a week of the downtrend, CAJ is recovering and climbing on the chart. The recent price decline was temporary and without a solid foundation. Traders who sweat due to the current scenario in the CAJ will soon be seen smiling as the price is expected to rise.

Let's take a look at the price chart since the beginning of the year of the CAJ.

CAJ/USD YTD Chart:

The chart is taken from cointrader on 19 July 2019.

Cajutel Price Chart





The first quarter of CAJ was moderately profitable. In January, the coin opened at $1.1 and closed at $1.4. The progression marked was of 18.18%. In February, the coin suddenly took an uptrend momentum started improving in CAJ. February highest percentage of improvement in price and took market at $14; March was really an exciting month with huge ups and downs, where the month started with $13.78 and ended at $13.54, marked change in numbers by -0.24%.

The second quarter was wildly active and booked some great numbers. In April, the improvement in the chart was of 45.45% as price shifted from $11 to $16. May was an active month among all. The progression locked was about 44.91% as price hiked from $9 on 2 May to $13 on 2 June. However, in June the coin is back to $12, After the recent market crash in July, the coin is currently trading at $11 at the time of writing.

Particulars

CAJ Price Prediction and Conclusion:

The price of the CAJ is almost nine times higher since the beginning of the year so far. The momentum of the price is undoubtedly great and the future will therefore probably be good.

Long term and short-term investments in Cajutel are quite promising. The next years at Cajutel should yield good results. We assume that by the end of 2019, the CAJ will have about $ 50.