CELO has good support at 5$ zone and it could move up to 6.5$ or even 8$ and 10$ in next days. But we need to pay attention to 6.5$ zone because this zone is very strong. But if it loses 5$ zone, it will fall down to 4$ or even 3.2$ zone at late September

🔴Buy : 4.88-5.12$. SL if B 🔴Buy : 6.35-6.65$ if A. SL if B
🔴Sell : 6.35-6.65$. SL if A 🔴Sell : 7.8-8.2$. SL if A 🔴Sell : 9.75-10.25$. SL if A
🔵Sell : 4.88-5.12$ if B. SL if A 🔵Buy : 3.9-4.1$. SL if B 🔵Buy : 3.12-3.28$. SL if B
📈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 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day 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.