CELO is constantly being rejected at the $2.4 zone so we need to wait for it to conquer this $2.4 zone before we start buying CELO. Because if it can't conquer this zone, in the next few days it will continue to fall to the $2 or even $1.6 zone before rising sharply in August to the $2.8 and $4 zones.

🔴Buy : 2.34-2.46$ if A. SL if B 🔴Buy : 2.73-2.87$ if A. SL if B
🔴Sell : 2.73-2.87$. SL if A 🔴Sell : 3.9-4.1$. SL if A
🔵Sell : 2.34-2.46$ if B. SL if A 🔵Buy : 1.95-2.05$. SL if B 🔵Buy : 1.56-1.64$. SL if B
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Celo is an open platform that supports a variety of distributed applications, smart contract development and payments using e-mail addresses and phone numbers as public keys.
  • Celo proposes address-based encryption, a variant on identity-based encryption, directly using an e-mail address or phone number as a public key.
  • CELO is the native token of Celo and has the following use cases:
    • Governance: vote on network governance decisions via staking.
    • Network Security: stake CELO tokens to secure the network, participate in consensus and earn rewards.
    • Transaction Fees: pay for on-chain transactions.
  • The Celo ecosystem contains the following key components:
    • Celo Protocol: proof-of-stake blockchain protocol that uses phone numbers and e-mail addresses as public keys.
    • cUSD (Celo Dollar): stablecoin pegged to the US dollar backed by a reserve of crypto assets.
    • Celo Developer Wallet: send, receive and swap cUSD and CELO test tokens using decentralized phone number verification.
  • Details of the CELO token distribution can be found here.