$0.86
+ $0.05 (5.80%)
End-of-day quote: 2022-10-17
CGLD/USD

Is Celo on the rise?

No, the price of Celo has been decreasing steadily since April 8, 2022, and is currently down by -75.36%. The 200-day moving average is currently 68.08% above the current price. The 100-day moving average is 10.75% above the current price, and the 50-day moving average is -5.81% above the current price.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Celo Forecast for 2023

We need to look more closely at a forecast for the one-year outlook, as it is more accurate than other predictions.

For Celo prices in the next year, analysts have made various forecasts. The most optimistic prediction is for a 12-month price target of $0.99, while the most pessimistic outlook is for $0.75.

The most recent forecasted price target for the next year is $0.86, which is crucial to note.

It's conceivable that Celo will drop -0.32% of its value in 2023.

CGLD - Relative Strength Forecast

Celo has broken the 25 strength line from below on 2022-09-18 and then changed into a strong trend, which thereby generated buy signals that lasted one month. Early Oct 2022 we see how the relative strength falls from above 25 to below 25. Thus, Celo has been in a sell signal since 2022-10-01.

CGLD - Trend Prediction

CGLD - Price Volatility Prediction

From 08/16/2022 we see a strong Celo above the moving average causing rising prices of Celo. From early Sep 2022 we then see a strong Celo, which then triggers a buy signal.

CGLD - Relative Strength

From 08/13/2022 to 08/14/2022 Celo was so overbought that this led to a reversal trend. Mid Oct 2022 we then see Celo developing more and more weakness, which is a sell signal.

CGLD - Momentum Forecast

Mid Oct 2022 Celo left the overbought zone to the downside, resulting in a short-term negative change in trend. In October we then see weak volatility for Celo for a longer period of time which led to negative signals for Celo.

Celo's Prospects For 2025-2030

The next few years look good for Celo. Six analysts have predicted that by March 2025, Celo will have reached $0.85. The Celo price is expected to be $0.85 by March 2027, according to the five-year forecast. The long-term forecast for 2030 is $0.84.