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The Celsius price has skyrocketed 71% in the last 24 hours to trade at $0.1512 as of 7:00 a.m. EST on a 155% pump in trading volume to $1.87 million.
This surge in the CEL price comes as former Celsius CEO Alex Mashinsky faces a potential 20-year prison sentence, following a US Department of Justice request filed in a sentencing memo.
US DOJ SEEKS 20-YEAR SENTENCE FOR CELSIUS FOUNDER MASHINSKY
The U.S. Department of Justice is pushing for a 20-year prison sentence for former Celsius CEO Alex Mashinsky.
Prosecutors accuse him of orchestrating a $4.7B fraud scheme that misled users and led to massive losses.… pic.twitter.com/0CNf8UenDG
— Crypto Town Hall (@Crypto_TownHall) April 29, 2025
The renewed spotlight on Celsius and its former leadership has stirred market interest, despite the company’s collapse and the nearly $7 billion in customer losses attributed to Mashinsky’s alleged fraud.
As legal proceedings unfold, traders appear to speculate on CEL’s volatility, driving up its price amid the heightened attention.
Celsius Price Bulls Challenge Key Resistance
Celsius (CEL) has staged an explosive rally, soaring in a single trading session to hit $0.1512, as the token gains serious momentum after months of dormancy. The move marks a dramatic departure from the tight consolidation range CEL had been stuck in since early April, between $0.067 and $0.072.
Over the past week, price action has traced a clear parabolic curve, often a sign of aggressive buyer interest and potential FOMO-driven surges. With this rally, CEL has entered a critical resistance zone between $0.130 and $0.155, which has historically triggered heavy selling pressure.
A confirmed breakout above this level could pave the way for a move toward the next targets at $0.19, $0.24, and eventually $0.30, aligning with prior liquidity zones and inefficiencies in the chart.
Technically, the shift in sentiment was first signaled by a Break of Structure (BOS) in early April, indicating the downtrend had exhausted and bulls were beginning to regain control. CEL also filled in multiple Fair Value Gaps (FVGs) left behind from March’s decline, indicating that the market has “rebalanced” and may be ready to move efficiently in the opposite direction.
CELUSDT Analysis Source: Tradingview
CEL Faces Overbought Conditions As Bulls Eye Breakout Above $0.21
Adding to the bullish case, a sweep of sell-side liquidity earlier this month may have cleared out weak hands and trapped late short positions, creating the fuel needed for the recent vertical move. However, despite the strong upward momentum, there are signs of overheating.
The Relative Strength Index (RSI) sits at 78.44, signaling overbought conditions. Historically, RSI levels above 70 often precede short-term pullbacks or consolidations. If CEL fails to hold above $0.155, traders should watch for a potential retracement toward $0.10–$0.11, or even back to the original $0.07 support zone before the next leg higher.
However, the rally has been sharp and fast, so short-term cooling is possible. If CEL breaks convincingly above $0.155, the next phase of this rally could begin, potentially attracting broader attention across the altcoin market. The bulls are in control for now, but the next 24 to 48 hours will be key in determining whether this is a sustained breakout or a temporary spike.
BTC Bull Token Presale Heads For $6M – Best Crypto To Buy?
While the Celsius price continues its bullish surge, a new contender, BTC Bull Token (BTCBULL), is already making waves, surging past $5.1 million in its ongoing presale.
BTCBULL offers a unique twist: holders will get free Bitcoin airdrops each time Bitcoin reaches a major price level, starting with the first airdrop when Bitcoin hits $150,000. After that, more airdrops will be performed for every $50,000 increase in Bitcoin’s price, up to $1 million.
BTCBULL also includes a burn feature. Once Bitcoin goes over $125,000, the project will start burning some of the token’s supply. These burns will happen at every $25,000 milestone, which could increase the token’s value by making it more scarce.
4 Rules of #BTCBULL:
1️⃣ Stack
2️⃣ Hodl
3️⃣ Burn
4️⃣ Repeat https://t.co/y59cl0xjTY— BTC BULL TOKEN CUSTOMER DESKﾒ (@BTCBULLTOKENCSD) April 4, 2025
BTCBULL is quickly becoming a hot topic in crypto, thanks to its mix of rewards, supply burns, and strong presale interest.
In addition to the Bitcoin airdrops, investors can also enjoy an 80% annual return by staking their tokens.
A top analyst from the 99Bitcoins YouTube channel, which has over 725K subscribers, believes BTCBULL has the potential to soar 10x after launch.
Currently priced at $0.002485, BTCBULL can be purchased directly from the official website. Payment options include crypto or a bank card.
With the price set to rise in around 21 hours, now is the perfect opportunity for those looking to secure the best deal before the increase.
Check out BTC Bull Token’s website.
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