- CELO finds support and resistance at $0.5898 and $0.6416, respectively.
- According to technical indicators, bulls continue to dominate the CELO market.
- To keep this trend going, bulls must hold the resistance level.
Bears previously dominated the Celo (CELO) market, but bulls defied this pattern after finding support at $0.5898. This upward trend succeeded in driving prices higher, reaching a high of $0.6234, a 3.77 % increase as of press time.
Investors are excited about CELO, which could lead to more buying and prices going up even more. This assumption is corroborated by a 3.98% increase in market capitalization and a 217.22% gain in trading volume to $297,509,878 and $36,060,792, respectively.
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