- Bullish CELO price prediction ranges from $0.5 to $1.653.
- CELO price might also reach $2.5 this 2023.
- CELO’s bearish market price prediction for 2022 is $0.221.
Celo is a blockchain project for mobile payments. It was started in 2017, but its native coin, CELO, was launched in 2020.
Celo investors are bullish on the token since it has had a return on investment (ROI) of over 10% in the past two months. The crypto bubble in 1 led to an increase in the price of CELO to its present all-time high (ATH) of $10.66, attained in August 2021. Irrespective of the recent crypto winter, CELO investors are confident that the future of CELO is bullish.
If you are interested in the future of Celo (CELO) and want to know the price analysis and price prediction of CELO for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this Coin Edition article.
Table of contents
- What is Celo (CELO)?
- Celo (CELO) Current Market Status
- Celo (CELO) Price Analysis 2022
- Celo (CELO) Price Prediction 2022
- Celo (CELO) Price Prediction 2023
- Celo (CELO) Price Prediction 2024
- Celo (CELO) Price Prediction 2025
- Celo (CELO) Price Prediction 2026
- Celo (CELO) Price Prediction 2027
- Celo (CELO) Price Prediction 2028
- Celo (CELO) Price Prediction 2029
- Celo (CELO) Price Prediction 2030
- Celo (CELO) Price Prediction 2040
- Celo (CELO) Price Prediction 2050
- Conclusion
- FAQ
- More Crypto Price Predictions:
What is Celo (CELO)?
Celo is a blockchain project that empowers mobile payment by smartphone users. It was founded in 2017 by Rene Reinsburg and Marek Olszewski. Its native coin, CELO, was launched in 2020.
Celo is a fully Ethereum Virtual Machine (EVM) compatible proof-of-stake (PoS) Zero-knowledge proof layer-1 protocol, featuring a fast, ultralight client designed for mobile, with the ability to have transaction fees paid with tokens or stablecoins. The average gas fees on the Celo blockchain are $0.001.
The essence of Celo’s creation is to ensure everyone’s prosperity in the local economy to power the global economy. Both creators and users of inventions are winners, and wealth is distributed evenly.
Over 161 million transactions have been carried out on the Celo blockchain, and the average block size is 5s. It has 857 days of harmful carbon emissions. Developers can build multi-chain-compact multi-chains on the Celo blockchain since it is compatible with cross-chain transactions among many blockchains.
Celo blockchain enables phone mapping since users can be authenticated by mapping their phone numbers to a public key, ensuring that mobile transactions are carried out quickly.
Celo (CELO) Current Market Status
The maximum supply of CELO is 1 billion CELO, while its circulating supply is 473,376,178 CELO, according to CoinMarketCap. At the time of writing, CELO is trading for $0.63, representing 24 hours decrease of 2.38%. The trading volume of CELO in the past 24 hours is $58,251,627.41, representing a 81.79% decrease.
Some top cryptocurrency exchanges for trading Celo (CELO) are Binance, Coinbase, Huobi Global, Gate.io, Bittrex, and others.
Now that you know what CELO is and its current market status, we shall discuss the price analysis of Celo (CELO) for 2022.
Celo (CELO) Price Analysis 2022
Currently, CELO is ranked in the 93rd position on CoinMarketCap. Will developments and upgrades within the Celo community lead to a rising price of Celo (CELO)? We shall see this in this Coin Edition price analysis 2022 article.
Celo (CELO) Price Analysis – Keltner Channel
Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Celo (CELO), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the bottom. Also, since the last candlestick is bearish, the present decrease in the price of CELO might be sustained before any expected reversals.
Celo (CELO) Price Analysis – Relative Strength Index
The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Celo (CELO) 1-day chart of CELO/USDT is 56.11. This value could trigger a further bullish run if more buyers are attracted to gain from the expected price increase to the 70 RSI value, which is the strong reversal region, before any price correction soon.
Celo (CELO) Price Prediction – Moving Averages
The chart above shows the 1Day chart of CELO 200-day and 50-day Moving Average (MA). Presently, CELO is on a bullish trend, as indicated in the recent uptrend. Since the 200-MA is above the 50-MA, we can deduce that the price is bearish for long-term hodlers.
Also, since the gap between the moving averages is getting narrow and above the recently formed candlesticks, the price of Celo (CELO) might experience a significant rise or fall in the future.
Celo (CELO) Price Prediction 2022
Looking at the daily chart of CELO/USDT, CELO price was swinging from $1.191 resistance to $1.124 resistance1 after touching the support level at $0.473. It reversed from the support level of $0.473 and now going towards the upper trendline of the wedge and is expected to be bullish in the coming weeks.
Meanwhile, our long-term CELO price prediction for 2022 is bullish since it cannot break the present support level. We can expect CELO to reach $2.2 in 2022.
Celo (CELO) Price Prediction-Resistance and Support Levels
This bullish chart shows that the price of CELO has fluctuated between $0.4043 to $0.7963 within the past 30 days. If this bearish price decrease reverses, CELO could break the $0.95 resistance1 level, move higher to $1.404 at the resistance2 level, and even higher, the bullish signal for 2022.
However, if sellers have their way, the price of CELO might be dethroned from its present uptrend position. In simpler terms, CELO might trend below the $0.221 support level and even lower in 2022, a bearish signal.
Celo (CELO) Price Prediction 2023
If the value of the CELO’s relative strength index (RSI) is at least 60, by the end of 2022, the bulls and investors will be in charge. This could spill over into the first half of 2023, which could make the price of Celo (CELO) trade around $7 by the end of 2023.
Month | Minimum Price | Average Price | Maximum Price |
January 2023 | 1.89 | 1.91 | 2.12 |
February 2023 | 2.07 | 2.37 | 3.03 |
March 2023 | 2.46 | 2.71 | 2.86 |
April 2023 | 2.84 | 2.96 | 2.99 |
May 2023 | 3.53 | 3.55 | 3.64 |
June 2023 | 4.49 | 4.51 | 4.72 |
July 2023 | 4.73 | 4.76 | 5.42 |
August 2023 | 4.53 | 5.04 | 5.19 |
September 2023 | 5.39 | 5.41 | 5.43 |
October 2023 | 5.77 | 5.80 | 5.89 |
November 2023 | 6.59 | 6.62 | 6.83 |
December 2023 | 6.95 | 7.07 | 7.73 |
Celo (CELO) Price Prediction 2024
The positive sentiment with the news of Bitcoin halving could directly impact the price of CELO. Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the cost of CELO trade at $12.37 by the end of 2024.
Month | Minimum Price | Average Price | Maximum Price |
January 2024 | 7.19 | 7.21 | 7.42 |
February 2024 | 7.37 | 7.67 | 8.33 |
March 2024 | 7.76 | 8.01 | 8.16 |
April 2024 | 8.14 | 8.26 | 8.29 |
May 2024 | 8.83 | 8.85 | 8.94 |
June 2024 | 9.79 | 9.81 | 10.02 |
July 2024 | 10.03 | 10.06 | 10.72 |
August 2024 | 9.83 | 10.34 | 10.49 |
September 2024 | 10.69 | 10.71 | 10.73 |
October 2024 | 11.07 | 11.10 | 11.19 |
November 2024 | 11.89 | 11.92 | 12.13 |
December 2024 | 12.25 | 12.37 | 13.03 |
Celo (CELO) Price Prediction 2025
By the end of 2025, the price of Celo (CELO) could rise to $25. This is because of the price surge a year after Bitcoin halved. Also, considering that more developments will be introduced into the Celo platform to ensure that its smartphone users are increasing, this price target could be attained.
Month | Minimum Price | Average Price | Maximum Price |
January 2025 | 12.57 | 12.59 | 12.80 |
February 2025 | 12.75 | 13.05 | 13.71 |
March 2025 | 13.14 | 13.39 | 13.54 |
April 2025 | 13.52 | 13.64 | 13.67 |
May 2025 | 14.21 | 14.23 | 14.32 |
June 2025 | 15.17 | 15.19 | 15.40 |
July 2025 | 15.41 | 15.44 | 16.10 |
August 2025 | 15.21 | 15.72 | 15.87 |
September 2025 | 16.07 | 16.09 | 16.11 |
October 2025 | 16.45 | 16.48 | 16.57 |
November 2025 | 17.27 | 17.30 | 17.51 |
December 2025 | 17.63 | 17.75 | 18.41 |
Celo (CELO) Price Prediction 2026
With the number of CELO hodlers on the increase and the growing sentiment about cryptocurrencies, CELO has the possibility of holding most of its recent gains and consolidating. Hence, the price of CELO could trade around $23.33 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.
Month | Minimum Price | Average Price | Maximum Price |
January 2026 | 18.15 | 18.17 | 18.38 |
February 2026 | 18.33 | 18.63 | 19.29 |
March 2026 | 18.72 | 18.97 | 19.12 |
April 2026 | 19.10 | 19.22 | 19.25 |
May 2026 | 19.79 | 19.81 | 19.90 |
June 2026 | 20.75 | 20.77 | 20.98 |
July 2026 | 20.99 | 21.02 | 21.68 |
August 2026 | 20.79 | 21.30 | 21.45 |
September 2026 | 21.65 | 21.67 | 21.69 |
October 2026 | 22.03 | 22.06 | 22.15 |
November 2026 | 22.85 | 22.88 | 23.09 |
December 2026 | 23.21 | 23.33 | 23.99 |
Celo (CELO) Price Prediction 2027
By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to the possibility that the market has attained its minimum support level. The price of CELO could surge to $29 by the end of 2027.
Month | Minimum Price | Average Price | Maximum Price |
January 2027 | 23.83 | 23.85 | 24.06 |
February 2027 | 24.01 | 24.31 | 24.97 |
March 2027 | 24.40 | 24.65 | 24.80 |
April 2027 | 24.78 | 24.90 | 24.93 |
May 2027 | 25.47 | 25.49 | 25.58 |
June 2027 | 26.43 | 26.45 | 26.66 |
July 2027 | 26.67 | 26.70 | 27.36 |
August 2027 | 26.47 | 26.98 | 27.13 |
September 2027 | 27.33 | 27.35 | 27.37 |
October 2027 | 27.71 | 27.74 | 27.83 |
November 2027 | 28.53 | 28.56 | 28.77 |
December 2027 | 28.89 | 29.01 | 29.67 |
Celo (CELO) Price Prediction 2028
In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. It is possible that the market could attain higher high values. Celo (CELO) could hit $34.68 by the end of 2028.
Month | Minimum Price | Average Price | Maximum Price |
January 2028 | 29.50 | 29.52 | 29.73 |
February 2028 | 29.68 | 29.98 | 30.64 |
March 2028 | 30.07 | 30.32 | 30.47 |
April 2028 | 30.45 | 30.57 | 30.60 |
May 2028 | 31.14 | 31.16 | 31.25 |
June 2028 | 32.10 | 32.12 | 32.33 |
July 2028 | 32.34 | 32.37 | 33.03 |
August 2028 | 32.14 | 32.65 | 32.80 |
September 2028 | 33.00 | 33.02 | 33.04 |
October 2028 | 33.38 | 33.41 | 33.50 |
November 2028 | 34.20 | 34.23 | 34.44 |
December 2028 | 34.56 | 34.68 | 35.34 |
Celo (CELO) Price Prediction 2029
By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing lessons learned to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin halving, could surge the price of CELO to $40 by the end of 2029.
Month | Minimum Price | Average Price | Maximum Price |
January 2029 | 35.01 | 35.03 | 35.24 |
February 2029 | 35.19 | 35.49 | 36.15 |
March 2029 | 35.58 | 35.83 | 35.98 |
April 2029 | 35.96 | 36.08 | 36.11 |
May 2029 | 36.65 | 36.67 | 36.76 |
June 2029 | 37.61 | 37.63 | 37.84 |
July 2029 | 37.85 | 37.88 | 38.54 |
August 2029 | 37.65 | 38.16 | 38.31 |
September 2029 | 38.51 | 38.53 | 38.55 |
October 2029 | 38.89 | 38.92 | 39.01 |
November 2029 | 39.71 | 39.74 | 39.95 |
December 2029 | 40.07 | 40.19 | 40.85 |
Celo (CELO) Price Prediction 2030
The cryptocurrency market experienced high stability due to early investors’ holding activities so as not to lose the future gains in the price of their assets. We could expect the price of Celo (CELO) to be around $46 by the end of 2030, even though the market has been down since a market surge a few years ago.
Month | Minimum Price | Average Price | Maximum Price |
January 2030 | 40.77 | 40.79 | 41.00 |
February 2030 | 40.95 | 41.25 | 41.91 |
March 2030 | 41.34 | 41.59 | 41.74 |
April 2030 | 41.72 | 41.84 | 41.87 |
May 2030 | 42.41 | 42.43 | 42.52 |
June 2030 | 43.37 | 43.39 | 43.60 |
July 2030 | 43.61 | 43.64 | 44.30 |
August 2030 | 43.41 | 43.92 | 44.07 |
September 2030 | 44.27 | 44.29 | 44.31 |
October 2030 | 44.65 | 44.68 | 44.77 |
November 2030 | 45.47 | 45.50 | 45.71 |
December 2030 | 45.83 | 45.95 | 46.61 |
Celo (CELO) Price Prediction 2040
According to our long-term Celo price estimate and If the current growth rate continues, we could anticipate an average price of $1000 by 2040. If the market becomes bullish, the price of Celo may increase beyond our 2040 forecast.
Minimum Price | Average Price | Maximum Price |
$79 | $110 | $135 |
Celo (CELO) Price Prediction 2050
According to our forecast, the average price of CELO in 2050 might be above $230. If more investors are drawn to Celo between these years, the price of Celo in 2050 could be far higher than our projection.
Minimum Price | Average Price | Maximum Price |
$195 | $230 | $275 |
Conclusion
As said above, CELO might reach $2 in 2022 and $180 by 2030 if investors have decided that CELO is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
CELO is the native token of the Celo blockchains, enabling smartphone users to carry out seamless transactions.
Like other cryptocurrencies, Celo (CELO) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Coinbase, Kucoin, Gate.io, and others.
CELO has a low possibility of surpassing its present all-time high (ATH) price of $10.66 in 2025.
It was launched in 2020.
Celo (CELO) price is expected to reach $7 by 2023.
Celo (CELO) price is expected to reach $12 by 2024.
Celo (CELO) price is expected to reach $17 by 2025.
Celo (CELO) price is expected to reach $23 by 2026.
Celo (CELO) price is expected to reach $29 by 2027.
Celo (CELO) price is expected to reach $35 by 2028.
Celo (CELO) price is expected to reach $40 by 2029.
Celo (CELO) price is expected to reach $46 by 2030.
Celo (CELO) price is expected to reach $110 by 2040.
Celo (CELO) price is expected to reach $230 by 2050.
Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. CoinEdition and its affiliates will not be held liable for any direct or indirect damage or loss.
More Crypto Price Predictions:
- Terra (LUNA) Price Prediction: Will LUNA Reach $3 in 2022?
- Nem (XEM) Price Prediction: Will XEM Price Reach $0.1 in 2022?
- Nexo (NEXO) Price Prediction: Will NEXO Price Reach $3 in 2022?
- Pancake Swap (CAKE) Price Prediction: Will CAKE Price Hit $10 in 2022?
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.