Extreme Fear Following 90% Drawdowns: 5 Cryptocurrencies I'm Keeping for a Possible 3×–6× Recovery
Market Shift: Extended drawdowns in digital assets have led to a focus on network durability and measurable usage, with trading activity slowing and recovery discussions emphasizing structure over speed.
Curve DAO (CRV): Despite significant valuation losses, Curve DAO remains integral to decentralized exchange infrastructure, with its recovery narrative now centered on liquidity depth and user retention rather than price momentum.
VeChain (VET): VeChain's focus on supply chain verification has helped it maintain operational intent amid market fatigue, with recovery expected to align with real-world adoption trends rather than speculative trading.
Tezos (XTZ) and Celo (CELO): Tezos benefits from a self-amending governance model that supports stability, while Celo's mobile-first approach emphasizes practical use cases, indicating that both networks' recoveries are tied to functional relevance rather than market sentiment.
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Technical Analysis for CELO
Technical Sentiment Analysis for Celo (CELO) As of , Celo (CELO) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CELO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CELO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Celo (CELO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0311 | 0.05 | 0.0687 | 0.0876 | 0.106 | 0.125 | 0.144 |
| Fibonacci | 0.05 | 0.0644 | 0.0733 | 0.0876 | 0.102 | 0.111 | 0.125 |
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