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Celo Coin Is July’s Crypto Dark Horse With 41% Gains. Too Late To Jump Aboard?

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Celo Coin Is July's Crypto Dark Horse With 41% Gains. Too Late To Jump Aboard?
Celo Coin Is July's Crypto Dark Horse With 41% Gains. Too Late To Jump Aboard?

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Celo Coin is July’s surprise performer, up 41%. The dark horse in the crypto market has been gaining attention. In contemplating their next move, investors wonder: Is it too late to get on the Celo train, or should they take a momentary pause?

The enigmatic nature of Celo Coin suggests surprises may lie in wait, so it’s best to evaluate the market landscape carefully before jumping in.

Celo’s price is $0.5446 right now. Over the past 24 hours, $169.076 million has been traded. During this timeframe, Celo is down 0.80%. Celo’s been a 41% rise since the start of July.

CELO Statistics:

  • CELO price now – $0.5446
  • CELO market cap – $275.120 Million
  • CELO circulating supply –   505,091,663 CELO
  • CELO total supply –  1,000,000,000 CELO
  • CELO Coinmarketcap ranking – 113
Celo Coin Is July's Crypto Dark Horse With 41% Gains. Too Late To Jump Aboard?
Source: Coinmarketcap

Celo’s Daily Chart: Key Price Levels to Monitor

Celo’s daily chart shows key levels to watch. Prices could hit resistance around $0.5630 if they keep rising. Alternatively, Celo’s price might increase if buyers keep showing support. Keep an eye on the market’s development to see where it’s going.

Celo Coin Is July's Crypto Dark Horse With 41% Gains. Too Late To Jump Aboard?
Source: TradingView Daily Chart

Celo’s price at $0.5350 is at a crucial support level; if it falls below that, it might lose a lot of value. If the price remains above this level, there’s still a chance for it to rise.

Resistance levels to watch are $0.5630 and $0.6180, indicating potential barriers to further growth. On the other hand, $0.5350 and $0.4910 are support levels.

The price could reach $0.5670 if it breaks out of its usual trading range and surpasses the 50-day and 100-day moving averages.

The market price might reach $0.5670 or even higher if it stays above these moving averages. Based on these factors, there’s a chance prices will go up soon.

It’s essential to be cautious because dropping below the moving averages could erase any gains. Note that cryptocurrency prices are volatile and unpredictable. It’s best to invest with money you are willing to lose. Make sure to diversify your investments, and don’t put all your eggs in one basket.

Alternative CELO

DeeLance’s presale is doing great, and it’s getting much attention from the cryptocurrency community. Investors are enthusiastic about the project’s vision. In two weeks, the presale has raised over $1.558 million. DeeLance’s tokens are being sold for $0.048, further fueling excitement.

DeeLance: The Future of Freelancing

Freelancer and employer platform DeeLance just launched an airdrop to reward users and investors. Participating and completing tasks will earn you $7 worth of DLANCE tokens. Besides that, DeeLance plans to select another group of 1,000 participants randomly.

DeeLance offers a marketplace where freelancers can showcase their work and samples, driven by its mission to provide equal security and assurance to employers and freelancers. Interviews and meetings can be arranged on the same platform for employers.

DeeLance’s commitment to innovation goes beyond airdrops. DLANCE, the platform’s native token, will likely gain value and utility as they develop more projects. Crypto needs pioneering movements like these to stay relevant.

Furthermore, DeeLance illustrates the transformative potential of Web3 technology for shaping future work. Investors are recognizing the potential and value of these forward-thinking initiatives.

Visit DeeLance here

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