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The Celsius price surged 50% within 24 hours to hold a spot price of $0.2696 as of 6 a.m. EST, ahead of an eventful week in the crypto space that caused the recent bull run.
Celsius (CEL) is currently 86% above its previous 7-day price, showing great bull dominance on the token.
Looking at 2-hour CEL/USDT charts, this bullish trend will likely continue, as shown by several indicators. The 5-day moving average has currently exceeded the 15-day moving average. This forms a golden cross, indicating a likely bullish future for Celsius. The RSI is also on an upward trajectory in the overbought region. This shows zero signs of bearishness on Celsius, serving as a positive indicator for a bullish future.
The MACD is also in the green zone. This also indicates bullishness on the token. Volatility levels on Celsius are high amid the surge in CEL price. This can be seen from the Bollinger Bands, which are now diverging. The trading volume has surged 213%, indicating a likely continuous volatile future for Celsius as attention on the token increases. 
CEL is now on a recovery trajectory as it sits 70% below its previous 1-year price. This significant dip can be attributed to Celsius, the token’s native firm, filing for bankruptcy, an event that saw the token drop significantly. Meanwhile, as the Celsius price surges, Meme Kombat’s MK pre-sale continues to make waves as the project holds prospects of exceptional financial gains.
Why Could MK Explode Even Beyond Celsius Price?
As the Celsius price holds the potential to explode big amid the bullish sentiment surrounding the token, another emerging altcoin, Meme Kombat, could poise a better-gaining opportunity. Meme Kombat (MK) emerges as a fresh contender in the competitive arena of meme-based cryptocurrencies. Blending the contagious charm of internet memes with the captivating allure of crypto gambling, this pioneering pre-sale venture introduces an enthralling fusion.
Enthusiasts can utilize the MK token to participate in betting activities centered around showdowns among renowned meme figures, including DOGE, SHIB, and Pepe the Frog. Moreover, Coinsult has meticulously scrutinized the Meme Kombat platform, ensuring the security and reliability of its smart contracts.
Through its innovative Play-to-Earn combat models, appealing staking incentives reaching up to 112% APY, and robust tokenomics, Meme Kombat demonstrates its preparedness to navigate the tumultuous waters of volatility in the meme currency sphere.
Meme Kombat Hits $750K in Funding
Meme Kombat has surged past the $750K mark, indicating a promising initial momentum within the retail investor community.
Just passed $750k…🏎
3/4 of the way there! pic.twitter.com/Z5zZwTzpQv
— Meme Kombat (@Meme_Kombat) October 26, 2023
Notably, prominent figures in the crypto space endorsed Meme Kombat due to its inventive business approach and inherent growth prospects. Leveraging the enthusiasm and underlying strengths that propelled the triumph of predecessors such as PEPE and DOGE, the Meme Kombat team appears poised for strategic advancement within the meme coin market. Remember not to miss the presale as you watch out for the Celsius price.
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