CELO/USD Soars Above $0.70 Level

The Celo price prediction shows that CELO heads to the upside as the coin moves to cross above the upper boundary.

Celo Prediction Statistics Data:

• Celo price now – $0.660
• Celo market cap – $312.7 billion
• Celo circulating supply – 473.3 million
• Celo total supply – 122.3 million
• Celo Coinmarketcap ranking – #92

CELO/USD Market

Key Levels:

Resistance levels: $0.95, $1.15, $1.25

Support levels: $0.30, $0.20, $0.10

At the time of writing, CELO/USD is likely to create additional gains as the bulls step into the market heavily. The Celo price touches a new high level of $0.72 during the Europan session today. Meanwhile, if there is short-term selling pressure, Celo could tackle it and make a comeback at the level mentioned above.

Celo Price Prediction: Celo (CELO) Prepares for More Uptrends

According to the daily chart, the Celo price experiences a slight drop below the daily high of $0.72 and any increasing selling pressure could bring the price to touch a new low at $0.60. However, if the buyers manage to keep the bullish momentum, any bullish movement could push the Celo price to cross above the channel which could hit the resistance levels of $0.95, $1.15, and $1.25 respectively.

Therefore, if the bulls failed to push the coin to the upside, it may experience a downswing below the moving averages while the Relative Strength Index (14) crosses above the 60-level, it is likely for the Celo price to locate the supports at $0.30, $0.20, and $0.10.

Against Bitcoin, the Celo price heads to the north as the coin touches the daily high of 4384 SAT. It may cross above the upper boundary of the channel if the bulls put in more effort. Therefore, the Relative Strength Index (14) is now seen moving to cross into the overbought region, suggesting more bullish signals.

From above, any bullish movement above the upper boundary of the channel can make the coin hit the resistance level of 9000 SAT and above but should in case the bulls fail to push the coin upward, sellers can bring it lower to the support level of 6800 SAT and below.

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