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MainNewsCelsius Toke...

Celsius Token CEL Skyrockets 62%, Signaling Renewed Interest


Sep, 24, 2024
< 1 min read
by CoinEdition
Celsius Token CEL Skyrockets 62%, Signaling Renewed Interest
  • CEL’s price soared 62% to $0.5491, driven by renewed market demand and increased trading volume.
  • Technical indicators suggest heightened volatility, with RSI at 90.91 and Bollinger Bands widening.
  • Celsius is restructuring post-bankruptcy, returning $3 billion in assets and creating Ionic Digital Inc.

CEL, the native token of Celsius Network, has seen its price climb more than 62% to $0.5491 on September 23, 2024. Market capitalization also grew by more than 60%, reaching $20.71 million according to market data. In the last 24 hours, the trading volume of CEL was more than $24 million, an increase of over 84%.

Price Surge and Technical Indicators

This sharp rise follows months of volatility for Celsius. The trading chart shows an upward price trend after a long period of fluctuations that has brought in renewed demand for the token.

The Relative Strength Index (RSI) rose to 90.91, which indicates an overbought level. Typically, a reading above 70 suggests an asset is overbought and there could be a pullback.

Read also: Celsius Files a Lawsuit Against Tether; Tether Fights Back: Report

Source: Tradingview

The Bollinger Bands widened considerably i…

The post Celsius Token CEL Skyrockets 62%, Signaling Renewed Interest appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsCelsius Toke...

Celsius Token CEL Skyrockets 62%, Signaling Renewed Interest


Sep, 24, 2024
< 1 min read
by CoinEdition
Celsius Token CEL Skyrockets 62%, Signaling Renewed Interest
  • CEL’s price soared 62% to $0.5491, driven by renewed market demand and increased trading volume.
  • Technical indicators suggest heightened volatility, with RSI at 90.91 and Bollinger Bands widening.
  • Celsius is restructuring post-bankruptcy, returning $3 billion in assets and creating Ionic Digital Inc.

CEL, the native token of Celsius Network, has seen its price climb more than 62% to $0.5491 on September 23, 2024. Market capitalization also grew by more than 60%, reaching $20.71 million according to market data. In the last 24 hours, the trading volume of CEL was more than $24 million, an increase of over 84%.

Price Surge and Technical Indicators

This sharp rise follows months of volatility for Celsius. The trading chart shows an upward price trend after a long period of fluctuations that has brought in renewed demand for the token.

The Relative Strength Index (RSI) rose to 90.91, which indicates an overbought level. Typically, a reading above 70 suggests an asset is overbought and there could be a pullback.

Read also: Celsius Files a Lawsuit Against Tether; Tether Fights Back: Report

Source: Tradingview

The Bollinger Bands widened considerably i…

The post Celsius Token CEL Skyrockets 62%, Signaling Renewed Interest appeared first on Coin Edition.

Read the article at CoinEdition

Read More

U.S. Treasury Secretary Bessent Recognizes Bitcoin’s Value Like Gold

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Detail: https://coincu.com/330502-bitcoin-store-of-value-comparison/
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PayPal has expanded its cryptocurrency offerings in the US by adding support for Sola...
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