Celo (CELO) Price Prediction 2022 - 2030. Will CELO Crypto reach $2?

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Celo (CELO) Price Prediction 2022 - 2030. Will CELO Crypto reach $2?

Post by ragavendra »

Celo is a blockchain project that allows smartphones to accept mobile payments. This company was started in 2017 by Rene Reinsburg and Marek Olszewski. In 2020, CELO was launched as its native coin.

The Celo protocol is a Zero-Knowledge proof, proof-of-stake protocol compatible with the Ethereum Virtual Machine (EVM). Promises a new generation of users with simple, light, and borderless crypto and DeFi transactions.

Approximately 161 million transactions have been processed on the Celo blockchain, and the average block size is 5 seconds.
Celo allows users to map their phone numbers to a public key, ensuring swift mobile transactions authenticated.

CoinMarketCap estimates CELO’s maximum supply as 1 billion CELO while its circulating supply is 462,324,704 CELO. Celo (CELO) is traded on a number of cryptocurrency exchanges, such as Binance, Coinbase, Huobi Global, Gate.io, Bittrex, among others.

Celo (CELO) Price Prediction 2022

Touching the support level of $0.77, Celo (CELO) price swung from $1.16 resistance2 to $0.95 resistance1. CELO reversed from support level $0.77 and is presently sideways in the market and is expected to be bullish in the coming weeks.

The long-term price prediction for CELO for 2022 is bullish since it is unlikely to break the current support level anytime soon. We can expect CELO to reach $2 in 2022.
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