Celsius (CEL) - The year of pacience and consolidation.
Everyone holding the CEL token may feel slightly frustrated at the moment. The market is moving up but Celsius is doing a whole lot of nothing.
Some things to keep in mind:
- The CEL token is a lot closer to its ATH than many other coins.
- The CEL token price almost ignored the May dip.
- The CEL token has been known to consolidate in a narrow range before moving.
I bring your attention to the chart. The price is narrowing as we speak and has done so for all of 2021. During this consolidation Celsius Network has grown immensely and with the in app swaps, credit card, equity round etc coming out, the company is going well. This pattern ends in September / October.
During the fall of 2020 the CEL token put in close to a 20X. Will we have a repeat move this fall?
Stay tuned and HODL.
Some things to keep in mind:
- The CEL token is a lot closer to its ATH than many other coins.
- The CEL token price almost ignored the May dip.
- The CEL token has been known to consolidate in a narrow range before moving.
I bring your attention to the chart. The price is narrowing as we speak and has done so for all of 2021. During this consolidation Celsius Network has grown immensely and with the in app swaps, credit card, equity round etc coming out, the company is going well. This pattern ends in September / October.
During the fall of 2020 the CEL token put in close to a 20X. Will we have a repeat move this fall?
Stay tuned and HODL.
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