Celsius (CEL) Price Prediction 2022 — Will Celsius Hit $5 Soon?

Celsius (CEL) Price Prediction 2022 — Will Celsius Hit $5 Soon?
  • Bullish Celsius price prediction is $1.25169 to $4.13498.
  • Celsius (CEL) price might also reach $5 soon.
  • Bearish Celsius price prediction for 2022 is $0.45659.

In Celsius (CEL) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about Celsius to analyze the future movement of the cryptocurrency. 

Celsius (CEL) Current Market Status

According to CoinGecko, the price of Celsius (CEL) is $0.9291 with a 24-hour trading volume of $4,525,101 at the time of writing. However, Celsius has increased by nearly 0.1% in the last 24 hours. 

Moreover, Celsius (CEL) has a circulating supply of 423,415,980 Celsius. Currently, Celsius (CEL) trades in cryptocurrency exchanges such as OKX, DigiFinex, MEXC, Gate.io, Huobi Global.

What is Celsius (CEL)?

CEL is the native cryptocurrency of Celsius. The Celsius Network is a financial technology (fintech) network that provides interest-bearing savings accounts, borrowing, and payments in both digital and fiat currencies. It is based on an economic concept that challenges traditional banking models while putting the Celsius community first. Celsius (CEL) launched in June 2018. CEL enables users to take out loans, make payments, and gain additional loyalty advantages. CEL, on the other hand, is primarily utilized as a reward system for Celsius Network users and as a collateral currency to receive loans.  

Celsius (CEL) Price Prediction 2022

Celsius (CEL) holds the 107th position on CoinGecko right now. Celsius price prediction 2022 is explained below with a daily time frame.

Celsius /USDT Horizontal Channel Pattern (Source: Tradingview)

The above chart of CEL laid out the Horizontal channel pattern.  Horizontal channel pattern also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it.  A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.

Currently, Celsius (CEL) is in the range of $0.927. If the pattern continues, the price of Celsius  might reach the resistance level of  $1.99. If the trend reverses, then the price of Celsius may fall to $0.85231.

Celsius (CEL) Support and Resistance Levels

The chart below shows the support and resistance levels of Celsius (CEL).

Celsius /USDT Support and Resistance Levels (Source: Tradingview)

From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Celsius (CEL). 

Resistance Level 1$1.25169
Resistance Level 2$2.39056
Resistance Level 3$4.13498
Support Level 2$0.84844
Support Level 3$0.45659
Celsius /USDT Support and Resistance Levels

The charts show that Celsius (CEL) has performed a bullish trend over the past month. If this trend continues, Celsius might run along with the bulls overtaking its resistance level at  $4.1349.

Accordingly, if the investors turn against crypto, the price of Celsius (CEL) might plummet to almost 0.45659, a bearish signal.

Celsius (CEL) Price Prediction 2022 — RVOL, MA, and RSI

The Relative Volume (RVOL) of Celsius (CEL) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of Celsius lies below the cutoff line, indicating weak participants in the current trend.

Celsius /USDT RVOL, MA, RSI (Source: Tradingview)

Also, the Moving Average (MA) of Celsius (CEL) is shown in the chart above. Notably,  Celsius (CEL) price lies in the 50 MA (short-term), so it is in an upward trend. Currently, Celsius has entered a bullish state. Therefore, there is a possibility of a reversal trend of Celsius at any time.

Meanwhile, the relative strength index (RSI) of the Celsius is 54.78. This means that Celsius (CEL) is in an neither overbought nor oversold state. However, this means a major price reversal of Celsius may occur in the upcoming days. So, traders need to trade carefully. 

Celsius (CEL) Price Prediction 2022 — ADX, RVI

Let us now look at the Average Directional Index (ADX) of Celsius (CEL). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

Celsius /USDT ADX, RVI (Source: Tradingview)

The above chart represents the ADX of Celsius (CEL). Currently, the ADX of Celsius lies in the range of 21.65 and thus, it indicates a weak trend. 

The above chart also represents the Relative Volatility Index (RVI) of Celsius (CEL). RVI measures the constant deviation of price changes over a period of time. The RVI of Celsius lies above 50, indicating high volatility. In fact, the RSI of Celsius (CEL) is at 54.78  thus confirming a potential buy signal.

Comparison of Celsius with BTC, ETH

The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and  Celsius (CEL).

BTC Vs ETH Vs Celsius  Price Comparison (Source: Tradingview)

From the above chart, we can interpret that the price changes of ETH  and CEL are moving in a similar trend. This indicates that when the price of ETH  increases or decreases, the price of CEL also increases or decreases respectively.

Celsius (CEL) Price Prediction 2023

If the declining price action completely slows down in momentum and the trend reverses,  Celsius (CEL) might probably attain $8 by 2023.

Celsius (CEL) Price Prediction 2024

With several upgrades in the network, Celsius (CEL) might enter a bullish trajectory. If the coin grabs the attention of major investors, Celsius might rally to hit $11 by 2024. 

Celsius (CEL) Price Prediction 2025

If Celsius (CEL) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, Celsius would rally to hit $14

Celsius (CEL) Price Prediction 2026

If Celsius (CEL) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, Celsius would rally to hit $17

Celsius (CEL) Price Prediction 2027

If Celsius (CEL) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, Celsius would rally to hit $20

Celsius (CEL) Price Prediction 2028

Celsius (CEL) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, Celsius would hit $23 in 2028.

Celsius (CEL) Price Prediction 2029

If investors flock in and continue to place their bets on Celsius (CEL), it would witness major spikes. Celsius might hit $26 by 2029.

Celsius (CEL) Price Prediction 2030

With greater advancements in the Celsius ecosystem, the crypto community might continue to invest in Celsius for the next 8 years and drive significant price rallies for the token. Hence, Celsius (CEL) might hit $29 by 2030.

Conclusion

With continuous improvements in the Celsius network, we can say that 2022 is a good year for Celsius. For this reason, the bullish price prediction of Celsius (CEL) in 2022 is $4.13498. On the other hand, the bearish price prediction of Celsius (CEL) price prediction for 2022 is $0.45659.

Furthermore, with the advancements and upgrades to the Celsius ecosystem, the performance of Celsius would help to reach above its current all-time high (ATH) of $8.05 very soon. But, it might also reach $5 if the investors believe that Celsius is a good investment in 2022.

FAQ

1. What is Celsius (CEL)?

CEL is the native cryptocurrency of Celsius. The Celsius Network is a financial technology (fintech) network that provides interest-bearing savings accounts, borrowing, and payments in both digital and fiat currencies. 

2. Where can you purchase Celsius (CEL)?

Celsius (CEL) has been listed on many crypto exchanges which include  OKX, DigiFinex, MEXC, Gate.io, Huobi Global.

3. Will Celsius (CEL) reach a new ATH soon?

With the ongoing developments and upgrades within the Celsius Platform, Celsius has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Celsius (CEL)?

On June 04, 2021 Celsius (CEL) reached its new all-time high (ATH) of $8.05.

5. Is Celsius (CEL) a good investment in 2022?

Celsius (CEL) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Celsiusin the past few months, Celsius is considered a good investment in 2022.

6. Can Celsius (CEL) reach $5?

Celsius (CEL) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Celsius (CEL) will hit $5soon.

7. What will be Celsius (CEL) price by 2023?

Celsius (CEL) price is expected to reach $8 by 2023.

8. What will be Celsius (CEL) price by 2024?

 Celsius (CEL) price is expected to reach $11 by 2024.

9. What will be Celsius (CEL) price by 2025?

 Celsius (CEL) price is expected to reach $14 by 2025.

10. What will be Celsius (CEL) price by 2026?

 Celsius (CEL) price is expected to reach $17 by 2026.         

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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Journalism graduate who loves to write and Karate. And I love exploring new concepts and that brought me into the fascinating crypto and blockchain technology…