Celsius token, on the press time, was seen buying and selling with a bearish consolidation at $0.410. CEL/USD seems flat since July 2020 after having recovered from the decrease buying and selling vary under $0.200. CEL token marked a YTD excessive barely above $0.50 at $0.51 in June 2020 and with a bearish accumulation. Celsius’s worth corrected by over 45% in 2 months and has hit the bottom at $0.270 within the earlier month.
Celsius Value Evaluation
CEL/USD Chart By TradingView
The token began consolidating with a bearish crossover over the previous two months now. The bearish candlestick, after breaching the decrease 20-day Bollinger Band, is again to buying and selling throughout the vary after crossing above $0.35 and $0.40. Alongside, the 20-day Bollinger Bands don’t venture any buying and selling extremities on the 24-hour chart.
Nonetheless, whereas recovering from the YTD low marked at $0.040 throughout the huge sell-off in March, Celsius grew as excessive as $0.51 with an entire bullish flip from $0.20, by 150%. The present buying and selling worth exhibits a strengthening of over 900% in round six months, which exhibits the inherited energy of the 100th ranked token.
Furthermore, after having spurred above $0.40, the Celsius token is holding full assist from 50-day and 200-day MA on a 24-hour chart. The MACD chart attracts a bearish crossover with a flattened development, and the RSI of CEL is at 52.93, with no buying and selling extremities marked on the every day chart.