Image of CELO
CELOCelo
$0.08894
-2.33%
1D

Celo Analysis

Investment Score
A quick view into Celo's investment prospects.
6.6

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • MACD is confirming the current directional bias.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Momentum is extended, which raises the risk of chasing.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Quiet
Confidence: 65%
Why this state?
  • CELO is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
CELO is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 72.79, which points to stretched upside momentum.
Volatility
Quiet
CELO ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.1011 - $0.1129
Active zone
$0.06330 - $0.09441
Support zone
$0.05316 - $0.06233
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bullish
ATR%
Quiet
Volume
High
Support & Resistance

Celo support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.05316 - $0.06233
Resistance zone
$0.1011 - $0.1129
Active zone
$0.06330 - $0.09441
Levels Table
LevelZoneStrength
Support 1$0.05316 - $0.06233
Resistance 1$0.1011 - $0.1129
Resistance 2$0.1440 - $0.1551
Resistance 3$0.2294 - $0.2412
Resistance 4$0.2781 - $0.2918
Active 1$0.06330 - $0.09441
Scenario Analysis
Bullish scenario

CELO clears the resistance zone at $0.1011 - $0.1129 and holds above it. That would strengthen the breakout case and shift attention to $0.1440 - $0.1551.

Bearish scenario

CELO loses the support zone at $0.05316 - $0.06233. That would weaken the setup and open the way toward $0.05316 - $0.06233.

Neutral scenario

CELO continues trading between $0.06233 and $0.1011. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.07113
Bullish
CELO is trading above the 50-day average.
SMA200
$0.07473
Bullish
CELO remains above the long-term trend line.
EMA50
$0.07428
Bullish
CELO is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.08778
Bullish
CELO is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
72.79
Overbought
RSI (14) is elevated at 72.79, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
100.00
Overbought
Stoch RSI (14) is high at 100.00, which shows momentum is pressing near its recent upper extreme.
MACD
0.003471
Bullish
MACD is above its signal line.
ATR
5.65%
Quiet
Volatility is below its 180-day median.
VWMA
$0.07947
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
285.77
Bullish
CCI (20) is strong at 285.77, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.006520
Bullish
Awesome Oscillator is above zero at $0.006520, which supports bullish momentum.
Williams Percent Range (14)
-15.86
Overbought
Williams Percent Range (14) is near the top of its recent range at -15.86.
Bull Bear Power (13)
$0.008667
Bullish
Bull Bear Power (13) is positive at $0.008667, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
48.54
Neutral
Ultimate Oscillator is at 48.54, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.08488
Bullish
CELO is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.08366
Bullish
CELO is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Celo

Over the past 7 days, Celo price was most positively correlated with the price of Immutable X (IMX), Tezos (XTZ), Conflux (CFX), VeChain (VET) and Stacks (STX) and most negatively correlated with the price of Beldex (BDX), Pi Network (PI), JUST (JST), LEO Token (LEO) and APENFT (NFT).

Positively Correlated Currencies
NameCorrelation
Image of Immutable XImmutable X0.924
Image of TezosTezos0.922
Image of ConfluxConflux0.917
Image of VeChainVeChain0.907
Image of StacksStacks0.903
Negatively Correlated Currencies
NameCorrelation
Image of BeldexBeldex0.020
Image of Pi NetworkPi Network0.060
Image of JUSTJUST0.073
Image of LEO TokenLEO Token0.132
Image of APENFTAPENFT0.167

Celo price is positively correlated with the top 10 coins by market cap with a price of 0.743, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.703. Currencies that are positively correlated with Celo indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Celo, a move in one direction for Celo would translate into a move in the opposite direction for the negatively correlated coin.

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