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Celsius Price Analysis: Where Will CEL Token Reach In 2022?

  • 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

Source: Trading view

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. Divine fortune touch roulette table hire and blackjack table, and it was never something that could be reliably measured by the public. CEL price on the upside move can see a setback close to . This particular version is called Live Side Bet City and it is one of the recent additions to the ever-growing Evolution portfolio. 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. Although the site is designed primarily for US and Canadian players, visitors can also get all the help they need in French and Spanish, as well.

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

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Adarsh Singh: Adarsh singh is an Stock market and financial market advisor trader with background in Engineering. He specialises in Technical Analysis while possessing strong computational skills.