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Celo Price Prediction for Today, November 22: CELO Approaches $0.60 Level

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The Celo value prediction reveals that CELO is altering arms at $0.528 because the technical indicator Relative Strength Index (14) faces up.

CELO Prediction Statistics Data:

  • CELO value now – $0.528
  • CELO market cap – $246 million
  • CELO circulating provide – 473.3 billion
  • CELO complete provide – 1 billion
  • CELO Coinmarketcap rating – #103

CELO/USD Market

Key Levels:

Resistance ranges: $0.700, $0.750, $0.800

Support ranges: $0.300, $0.250, $0.200

CELO/USD is buying and selling at round $0.528, and as soon as it manages to surpass the resistance of $0.500, the following goal is situated at $0.600 the place it may head towards the higher boundary of the channel. However, a push from the present market worth may ship the worth straight to the resistance stage of $0.650, but when the present stage fails to maintain sturdy, the Celo (CELO) may slip under the assist stage of $0.450.

Celo Price Prediction: Is Celo Ready for the Upside?

Looking on the day by day chart, the Celo bulls are coming into the market, if the consumers put extra effort and push the coin above the 21-day transferring common, CELO/USD may hit the resistance ranges of $0.700, $0.750, and $0.800 respectively. In addition, any bullish motion above these key resistance ranges might probably encourage additional shopping for.

Moreover, any bearish motion under the decrease boundary of the channel might decline towards the crucial helps at $0.300, $0.250, and $0.200. Meanwhile, wanting on the technical indicator Relative Strength Index (14), CELO might exhibit the tendencies to comply with an upward development because the sign line strikes to cross above the 50-level, suggesting bullish motion.

Against Bitcoin, the CELO value is hovering above the 9-day and 21-day transferring averages to hit the closest resistance at 3300 SAT. Therefore, except this resistance successfully holds and the worth finally ends up closing above it, there won’t be any motive to anticipate a long-term bullish reversal.

CELOBTC – Daily Chart

However, any bearish motion under the transferring averages may refresh lows below 3200 SAT as a doable bearish continuation might probably meet the foremost assist at 2200 SAT and under. From above, the consumers might push the coin above the higher boundary of the channel to hit the potential resistance at 4000 SAT and above. More so, the technical indicator Relative Strength Index (14) is probably to cross above the 60-level, suggesting extra bullish alerts.

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