Celsius (CEL) Price Skyrocketed 132% Celsius ( LSE:CEL ) has seen a significant increase in price, jumping 135% in the last 24 hours, with daily trading volume above 872%. This surge is attributed to increased bullish sentiments and whale activities. The crypto market has seen slight recovery figures after inter-day trading saw top coins lose steam. Celsius's bullish momentum has sparked a frenzy around crypto spaces, with some calling it a pump-and-dump-styled rise. The token has risen by over 132% in the last 24 hours, driven by factors such as over-the-top trading volumes, whale activity, and a general market recovery.
Daily trading volumes are at $85.4 million, an 872% jump in the market. This activity outpaces the top coins, with Bitcoin ( CRYPTOCAP:BTC ) and Ethereum ( MIL:ETH ) posting day trading volumes of 5.78% and 9.2%, respectively. The wider crypto market is up 7.52%. Bullish on-chain activities remain a driving factor for major coins as the community rallies around the tokens.
LSE:CEL trades at $1.27, pushing weekly gains to 87% and 30-day trading to a 692% gain. Whale sentiment spurred growth in Celsius, and the general bullish market sentiment also drew investors to Celsius. Bitcoin trades at $68,913, recovering 2.3% today, with other assets posting similar figures. Celsius Network Burns 94% of Supply Weekly Price up 370%Celsius ( LSE:CEL ), the native token of Celsius Network, has experienced a 370% price rally in a week, defying market selloff. The rally is attributed to the token's massive burn initiated recently, which resulted in the destruction of 94% of its total supply. This massive incineration led to a weekly pump of roughly 370% for the token, which is part of the firm's bankruptcy filing.
The price rally stands out due to its defiance of current broader market trends. On-chain data highlights LSE:CEL 's bullish stance, illustrating a market uptrend and further enhancing its appeal to crypto market participants. Celsius price has witnessed a 40.10% upswing in the past 24 hours and is currently trading at $0.7185. The token's market cap surged by 40.10%, followed by a 14.48% increase in 24-hour trading volume. Celsius data also showed a 72.01% rise in LSE:CEL futures open interest, reaching $13.69 million, and a 26.62% spike in derivatives volume, reaching $319.09 million.
However, the Relative Strength Index (RSI) hovered at around 85, suggesting that the asset is an overbought territory. Technical indicators indicate strong buying sentiment for the token in the market, with a pump that may be expected in the short run if buying pressure persists. The Relative Strength Index (RSI) continues to cloud the token's long-range price movements in an enigma. 
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Celsius Next TargetCelsius stayed strong in this Dip, slow dipping is often followed by Hard Pumping, it's just a matter of time to make a good come back.
As Always follow the King moves as first influencer.
What Is Celsius (CEL)?
Celsius (CEL) is an all-in-one banking and financial services platform for cryptocurrency users.
Launched in June 2018, it offers rewards for depositing cryptocurrency, along with services such as loans and wallet-style payments.
Users of the platform receive regular payouts and interest on their holdings. Celsius’ native token, CEL, performs a variety of internal functions, including boosting user payouts if used as the payment currency.
Who Are the Founders of Celsius?
Celsius originally came into being as the product of creators Alex Mashinsky and Daniel Leon in 2017.
Mashinsky has a long-running history in the internet development sphere, having worked on the Voice Over Internet Protocol (VOIP) in the 1990s and other technologies since. Celsius is far from Mashinsky’s first corporate venture, with seven startups and 35 patents to his name, the project’s official website states.
Trading Parts :
Buy Zone : 5.90 - 6$ (now)
TP1 : 8$ (Security TP)
TP2 : 9.95$
Stop loss : 5.49$ ( if Daily Candle close down this zone)
Happy Tr4Ding ! Long 
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Celsius Network "2021 Entry Of Dreams"- Strong accumulation ZoneAs one door closed another one opens.... 2020 turned all of our lives upside down, mine was no exception being one of the most challenging years of my life.
Fortunes were lost and made simultaneously, it was the ultimate test on individual investment thesis's and a litmus test on personal and family life.
Were you in the right asset class or were you exposed?
So here we are in 2021, the crypto markets experienced the inevitable "cool off" after experiencing explosive growth from March 2020 onwards.
Some metrics to put those words into perspective :
BTC - 930%
ETH - 1100% Growth
CEL - 13,800% Growth
2021 is setting itself up for another explosive year which could potentially eclipse the previous 12 months, entry points will be few and far between, buying when the masses are fearful and your stomach is churning at the volatility will be the only chance to grab significant discounts on the spot price and manage entry risk accordingly.
And honestly.... i will be participating in little to no buy activity post Q1 2021.
Why might you ask....?
With the market in pure price discovery mode and upside impulse moves screaming away from all major moving averages, risk management will be next to impossible to justify. In the wild west of investments, risk management is often forgotten for the hope and dreams of catching the next speculative 10 x move.
So when a clear and evident Q1 power play present itself it peaks my interest significantly, these are few and far between due to the lack of fundamentals backing crypto projects in general.
CEL token is one of those plays, let's dive into some details as to why this one has caught my attention :
Pulling back 35% from its all time high,
Sitting on major support,
Strong confluence with technical indicators,
RSI reset,
Strong OTC buy activity (Myself Included)
Strong 2021 roadmap,
Imminent product releases,
Company Net deposit inflows at all time highs,
T1 exchange and increased liquidity assured for 2021,
Strong marketing push OUTSIDE of crypto to drive user growth,
Diminishing supply (Currently 5.8% remaining on the market)
So the opportunity is clear, a strong Risk Reward ratio for taking a Q1 entry at the $4.50 USD area for CEL token.
But honestly.... Anything under $5 USD is a steal for long term accumulation, remember you can earn 5% on CEL token in the Celsius Network App.
My personal targets for CEL end of 2021 are $50 price point per token, with the amount of assets under management, increased user base and exciting and new products soon to be released. I simply do not see a case where the CEL token does not appreciate.
So let's take an Uber conservative prediction, let's cut it in half and say $25 USD CEL token, this still represents a 5 x opportunity, are you willing to miss out on that?
I also need to take a moment to remind myself, my own targets were eclipsed last year, my start of year prediction of $1 CEL (Price was sub $0.10 at the time) was blown out of the water.
I revised this target to $3 USD in Q4 and this was again blown away as we almost touched $7 USD.
2021 is not about over trading, it is about doubling down on your thesis as to "Why you are here".
Constantly challenge your own "Story"
Focus on yield generating assets, look at the long term as THAT is where the fortunes and life changing gains are made.
Have a great 2021 everyone, please do not take the above as financial advise, do your own research and stay safe through these difficult times.
Kevin
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Celsius Network GemOk i never talked about this coins but i hodl a bag from 1.2$.
So why i didn't talk about it before, just because i wanted to DYOR more and understand why this coin always goes up and get more confirmations.
What is Celsius ?
Celsius (CEL) is an all-in-one banking and financial services platform for cryptocurrency users.
Launched in June 2018, it offers rewards for depositing cryptocurrency, along with services such as loans and wallet-style payments.
Users of the platform receive regular payouts and interest on their holdings. Celsius’ native token, CEL, performs a variety of internal functions, including boosting user payouts if used as the payment currency.
So it's a wallet where you can borrow cryptos or deposit and stack cryptos without LOCKING TIME, for exemple it gives 20% APR on SNX or MATIC if you receive rewards in Celsius.
When u lock your coins they use it for Loaners, so peoples pay peoples without a need of Bank. Genius concept make a pure gem.
When you send coins from Celsius the fees are 0$, they will soon introduce a SWAP with 0 Fees and they just partnered with AMON ( for VISA i think ).
Celsius was created by alex mashinsky, you should check who he's this guy and DYOR to understand why i invested in this project.
So this is my second project i invested after Polkadot. i am not your financial advisor but i like to share and help peoples to get returns. my reward is just trying to make this world more equitable.
so for now if u want to trade it :
TP1 : 6.8$
TP2 : 8$
Happy Tr4Ding !
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