Celo Price Prediction for Today, March 29: CELO/USD Looks for a Breakout Above $0.75

Celo price prediction shows that CELO remains in the green as the cryptocurrency market gains from the increased buying pressure.

Celo Prediction Statistics Data:

• Celo price now – $0.71
• Celo market cap – $349 million
• Celo circulating supply – 491.5 million
• Celo total supply – 1 billion
• Celo Coinmarketcap ranking – #106

CELO/USD Market

Key Levels:

Resistance levels: $0.95, $1.05, $1.15

Support levels: $0.45, $0.35, $0.25

CELO/USD price is now trading close to the upside after touching a $0.75 high during the European session today. The coin may continue to move upward if the price head toward the upper boundary of the channel. Meanwhile, the Celo price may stay on the positive side so that the price could touch the resistance level of $0.80 in the next positive direction.

Celo Price Prediction: CELO/USD May Break Short-term Resistance

According to the daily chart, the Celo price is likely to break out of the range and move to the upside. However, as the technical indicator, Relative Strength Index (14) remains above the 60-level, the coin may spike to the upside. On the contrary, if it faces down, there is a higher chance that the CELO price may find support at $0.45 $0.35, and $0.25. Moreover, the coin may continue to move to the upside to locate the resistance levels of $0.95, $1.05, and $1.15 respectively.

Against Bitcoin, the recent price hike in the market places the CELO in an upward trend as the price crosses into the positive side indicating a bullish movement. On the contrary, looking at a long-term bear market, the 4500 SAT and below could provide a support level for the selling pressure.

After touching the resistance level of 2653 SAT, the bears could dominate the market if the bulls failed to push the price to the north. However, if the support level of 2200 SAT can act as a solid line of defense against any further downtrend; the resistance level of 3300 SAT and above may come to play. Nevertheless, the technical indicator Relative Strength Index (14) moves to cross above the 50-level.

Alternatives to Celo

The Celo price peaks at $0.75 today, after which the coin retreats to trade at $0.71. Meanwhile, for the price not to touch the resistance level of $0.80 may ruin the long-term technical picture of the coin but the bulls may need to increase the buying pressure to keep the coin at the positive side. Nonetheless, the platform of Love Hate Inu is the first of its kind, this is the first-ever blockchain-powered voting platform that will leverage distributed ledger technology to record immutable results. Moreover, LHINU tokens are in presale, time is running out as almost $2.5 million has been raised in the presale.

View the latest CELO price on CoinCodex.

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