- Celsius price has been seeing a downside trend and can soon see a comeback to a new high . Meanwhile the asset price is down by more than 3.24%
- Technical indicator for CEL price suggests a consolidated trend in price. In contrast the CEL/BTC pair has also seen a low of more than 0.6%.
Why To Invest In CEL Token?
Celsius (CEL) token is an across-the-board banking and monetary administrations stage for the users.It offers awards for saving digital currency in its platform, alongside administrations, for example, advances and wallet-style installments. It was sent off in 2018 and has given incredible re-visitations of the investors. Celsius expects to beat banks by offering monetary administrations based on the sort of conditions that conventional monetary establishments presently do not offer and at a sensible cost. CEL token cost has been in a difficult time for a couple of weeks. It can before long return to the more significant levels.
CEL token is currently ranked 108th in the CMC and has a market dominance of more than 0.1%. The volume of the asset has seen a gain of more than 18% in the intraday session. The Volume to market capitalization proportion for the asset suggests a strong
Technical Indicators Suggests A Consolidated Trend In CEL Token Price
Celsius price is currently seeing a consolidated trend in the weekly chart and can soon see a new move. In contrast, the asset price is currently in a bearish mode in the daily chart. CEL price on the upside move can see a setback close to $5. In contrast, one can expect a bounceback on the downside from $2.The price is currently trading near to the 50 and 100 Daily moving average on a 4-hour chart. The 50MA (Red) line is at $4.8, making it brief help at the resource cost. The coin cost is as of now in a union however can before long see a significant breakout. CEL/BTC pair is likewise on a bullish move and can break the past high.
RSI(Bearish): It is following at 34, showing its essence displayed in the neutral region. There is a negative incline development in the RSI, which features the likelihood of a downtrend.
Conclusion
CEL token price is currently observing a downside trend and can soon see a new high. Celsius price can also see a strong move in the future. An investor should do their due diligence before investing in CEL
Technical Levels
Major Support:$2
Major Resistance:$5