Celo

Stellar

Coin

<ul class="news-points">
 <li>CELO surges 41.1% in 24 hours, showing strong investor confidence and bullish momentum.</li>
 <li>The recent surge could be linked to its joint effort with Tether to introduce USDT on the Celo network.</li>
 <li>Technical indicators on CELO’s price chart, like EMA and MACD, indicate a continued bullish trend.</li>
</ul>
In a notable market action, the price of <a href="https://coinedition.com/celo-qnt-prepared-to-change-things-for-the-better/" target="_blank" rel="noopener noreferrer nofollow">Celo (CELO)</a> has increased by 41.1% in the past 24 hours, showcasing the firm belief of investors and the market enthusiasm. Nonetheless, the latest information indicates that CELO, despite hitting a barrier at the intra-day peak price of $1.84, is still bullish at the current trading price of $1.63.
This remarkable increase follows a period of consolidation where the token found robust support at $1.14, setting the stage for its current upward trajectory. Market analysts now speculate that CELO could surpass the $1.84 resistance level in the near future amidst growing optimism around the token’s prospects.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/FGQBajQ7m5dC_ryQDy-Cvih3vsLRnbbY2kWKQizNs_tsxvyXIeabhCrEMU3eDpwO7gPBOIJdePmyUsSOkjJ3UzZ1NHgJ5Y_414ey1V-WsmJ1Ezcp3qvMjop_fLTvWIx4FwxiVeOnS7q3vnFbBFgH0C0" alt="">
 <figcaption class="wp-element-caption">CELO/USD 24-hour price chart (Source: <a href="https://coinstats.app/coins/celo/" target="_blank" rel="noopener noreferrer nofollow">Coinstats</a>)
 </figcaption>
</figure>
This rally has not only pushed CELO’s price upwards but also significantly boosted its market capitalization by 4…
The post <a href="https://coinedition.com/usdt-launch-on-celo-triggers-a-stellar-41-1-celo-price-surge/" rel="noopener noreferrer nofollow">USDT Launch on Celo Triggers a Stellar 41.1% CELO Price Surge</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

USDT Launch on Celo Triggers a Stellar 41.1% CELO Price Surge

Coin Edition

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