Celsius Price Stuck In A Range: Breakout or Breakdown Ahead?

Celsius Price Stuck In A Range: Breakout or Breakdown Ahead?
[[{„value”:”
1
The Celsius price remains stable within the range $0.172 to $0.213 for the past several weeks. 
2
At the time of writing, the Celsius crypto was trading at $0.193, recording a swift drop of 0.12% in Intraday. 
The Celsius price is trading range bound though tilted to the downside as the crypto achieved a successive series of lower highs. Stir resistance at the 200-Day exponential moving average at $0.213 capped the CEL price on the upside which resulted in a price drop in the last couple of sessions. 
The sellers stepped in on Tuesday and near the higher boundary of the range and 200-Day EMA and pushed the price towards the lower boundary of the zone indicating their dominance at the supply levels. 
On the flip side, the buyers have established themselves near the lower boundary of the range at $0.172 which is also the previous breakout zone. The volume is low at the moment and several indecisive candles are observed over the chart. 

Czytaj więcej

We współpracy z: https://www.thecoinrepublic.com/2024/02/22/celsius-price-stuck-in-a-range-breakout-or-breakdown-ahead/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy