- The CELO coin price sustains above 200-EMA on the intraday session.
- The 24-hour trading volume is at $55 million.
- CELO/BTC pair is trading negative by -2.3% at 0.00008994 BTC.
Moving Average (EMA) containing 20,50,100,200 In the CELO coin daily price chart, it is reliable support for currency price trends. Investors can find that price sustains above the blue line and can guarantee an uptrend as high as costs are above the moving average.
The volume (765.185 K) is below the 20-day moving average (3.808 M). The volume is shallow, so the cost has been struggling at around 200-EMA. Investors may also notice a decline in volume. This projects that unusual changes are expected on the following trading days.
CELO Coin Price Rebounds From The Support Zone
The daily price chart of the CELO coin struggles around the pivot zone. Depending on the price behavior, the support zone is within $4.60. On the flip side, the resistance region to look for is around $6.35.
The Stochastic RSI showed a K-66 and D-55 followed by a (bullish) crossover with a short-term buy signal. Investors may notice that the indicator’s RSI line is moving upwards. A rise can happen on upcoming trading days.
The MACD shows a (bullish) cross above the signal line on December 1, projecting a buy signal for the currency price move. In addition, investors can observe the ending of red bars in the histogram indicator.
Conclusion
Celo price today is $5.16 with a 24-hour trading volume of $55,530,929. CELO price has been down -1.6% in the last 24 hours. It has a circulating supply of 370 Million CELO coins and a total supply of 1 Billion.
The Stochastic RSI shows a buy sign, and MACD indicates a buy signal. Traders have directed low volume. In fact, the cost rebounds from the pivot zone during the intraday. A market overview also shows that this pattern will continue to surge in the coming trading days.
Resistance Level: $6.35
Support Level: $4.60