CEL Technical Analysis: Bulls Push the Price to $0.9355

Key Technical point Celsius is on a bullish trend The RSI is currently at 54.09 CEL has traded as low as $0.8787 and as high as $1.1057 Celsius Past Performance Celsius has traded as low as $0.8787 and as high as $1.1057. It has a market capitalization of $635,893,140, and $19,000,973 worth of CEL has been traded on exchanges in the last 24 hours. From 4th May 2022 to mid-May, Celsius has experienced a persistent downward trend. Looking at the candlesticks, we can see that on 4th May the opening price is $2.164, and the closing price is $0.684. Source: Trading View CEL Technical Analysis The CEL technical analysis shows that the coin is currently in a bullish trend. CEL is currently trading at $0.9355, a price upsurge of 5.07% in the last 24 hours. The moving averages show a similar story with the 50-day MA being crossed over by the 200-day MA from below. This is called a “Golden Cross” and is considered a bullish signal. The RSI indicator is currently at 54 which is in the middle of the neutral zone. In the MACD histogram, there is a formation of short green bars, hence, this reveals a bullish trend. The next support levels are at $0.8787 and $0.8276 while the resistance levels are at $1.1057 and $1.2155. The Bollinger bands show that the CEL prices are currently trading close to the upper band which is a bullish signal. while the MACD line is seen crossing the signal line in an upward movement which is a bullish sign. Out of...