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CELO is up by greater than 2% right this moment regardless of the community struggling a phishing assault over the weekend.
CELO, the native coin of the Celo blockchain, is without doubt one of the greatest performers amongst the highest 100 cryptocurrencies by market cap. The coin has added greater than 2% to its worth right this moment, outperforming the broader cryptocurrency market.
The optimistic efficiency comes regardless of the Celo community experiencing a phishing assault over the weekend.
A phishing try occurred on 11/4/22 on the Celo community. Please keep in mind that nobody from the Celo group will ever ask you to share your restoration phrase.
— Celo (@CeloOrg) November 5, 2022
The Celo workforce knowledgeable its group members that the phishing try despatched a small quantity of CELO to Celo wallets, with a message to assert additional “lottery” positive aspects on fraudulent web site(s).
CELO’s optimistic efficiency additionally comes because the broader crypto market has additionally been underperforming to this point right this moment. The full crypto market cap continues to face above $1 trillion. Nonetheless, it’s by greater than 2% within the final 24 hours.
Bitcoin remains to be struggling to prime the $21k resistance degree and has misplaced greater than 2% of its worth right this moment and now trades round $20,700 per coin. Ether is down by 3% within the final 24 hours and is now buying and selling at $1,562 per coin.
Key ranges to look at
The CELO/USD 4-hour chart has turned bullish as Celo has been performing nicely over the previous few hours. CELO is at the moment outperforming the broader cryptocurrency market.
CELO/USD Chart By TradingView
The MACD line not too long ago crossed into the optimistic zone, indicating that the bulls are actually in control of the CELO market. The 14-day relative energy index of 62 exhibits that CELO might enter the overbought area if the rally continues,
At press time, CELO is buying and selling at $0.758 per coin. If the optimistic momentum is maintained, CELO might surge previous the primary main resistance degree at $0.934 earlier than the tip of the day.
Nonetheless, CELO might discover it arduous to prime the $1 psychological degree within the close to time period because the broader cryptocurrency market is at the moment bearish.
The place to purchase Celo now
eToro
eToro affords a variety of cryptos, reminiscent of Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro customers can join with, study from, and duplicate or get copied by different customers.
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Disclaimer
Uphold
Uphold is a platform which has over 50 cryptocurrencies to select from.
It is customers could make crypto trades with a checking account, bank card or crypto debit card. It has variable charges and permits customers to automate trades.
Customers who’re on Courageous’s web browser may also earn BAT tokens primarily based on their looking habits.
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