CryptoCheck-

CELUSD Hedge On Crypto Market ?

Long
FTX:CELUSD   Celsius Token
Higher lowers moving into resistance with relative strength in the market during the crypto bloodshed. If price can flip this into support be may be seeing a strong trend forming for CELSIUS/USD

Celsius platform offers high rates of interest for staking stablecoins as well as array of other options. Should there be an incoming bring lower many may wish to step away from trading platforms and bring extra focus to staking stablecoins or staking what they’re holding. This would explain a volume surge as the Celsius token offers many incentives for Celsius platform users.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.