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Cryptopolitan 2021-09-16 05:58:34

Celer Price Analysis: CELR unable to breach $0.1 resistance, lower prices to follow?

TL;DR Breakdown The Celer price analysis for today is bearish.The resistance at $0.1 remains unbroken.The coin’s current price is $0.09, which is four percent down from the price yesterday.The nearest support for CELR/USDT pair rests at $0.0817.If this support doesn’t hold, the lower support level is at $0.0655. Celer price analysis is bearish for today as the coin was unable to break the resistance at $0.1. To look at the details of this price movement, we will have a look at the data provided by Coinmarketcap. It is quite clear that the price of the cryptocurrency is $0.09, and the trading volume is up by 112.73 percent. A 14.06 percent surge followed this volume surge in market capitalization. The price of CELR is bullish overall and bearish in the short term. We saw a price surge in CELR/USDT pair on 8th August when the price went from $0.04 to $0.1 on 15th September. But according to our Celer price analysis, the problem was that this resistance level wasn’t broken. This was responsible for the drop in the coin’s price. On the other hand, Bitcoin has found support at $47.6K as the resistances exist at $47K-$48K. This was a key movement wherein Bitcoin was able to reclaim its support at the $46K level after bouncing from $42.9K price levels. Further upward movement for Bitcoin would mean that bullish emotions have set in as we witness a green engulfing candle in the 4-hour chart. Celer price a...

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