Learn More About Celo And Our CELO Price Forecast
Want to find out the Celo Price Prediction for 2023, 2024, 2025, all the way to 2030?
We provide crypto price predictions by gathering a combination of time series data, media news, regulator activities, coin events, trading volumes on exchanges, and general statistics.
Most of our predictions/price forecasts range from 2023 to 2030, which we try to update regularly.
Additionally, you can read more below for the Celo Price Analysis, CELO Price Chart, and our overview of the crypto.
Finally, you can leave YOUR price predictions for each crypto in the comment box below the page!
LATEST UPDATE: 03/07/2022 |
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Celo History (About CELO)
Celo is a mobile-first DeFi platform that facilitates phone-based transactions in a secure and decentralized manner.
By aiming to provide a faster and cheaper means of transacting currencies to anyone worldwide with access to a smartphone and the internet, Celo has undoubtedly generated interest in recent months.
Additionally, alongside Ripple and Stellar Lumens, Celo was also invited to advise the World Economic Forum on the possibilities for CBDCs in 2021.
Consequently, suggesting it’s more than just crypto bros who recognize this project.
Perhaps more impressively, unlike Ripple, which founded its cryptocurrency back in 2013, and Stellar, who launched theirs in 2014, CELO was only a year old when it was invited to brief the WEF.
But, what has all this done for the price?
Celo Price Analysis
Launching in May 2020, CELO started at its all-time low of $0.80 and so far hasn’t looked back since.
There have been various spikes along the way, such as in August 2020, where it clipped $4.45 before receding.
In February 2021, CELO peaked at $5.30 before hitting $6.33 in May.
Following a market-wide recession, Celo would come out to reach its all-time high of $9.82 in August.
Therefore, offering those who got in near the all-time low and sold near the all-time high an ROI of roughly 1,100%.
Although not the most impressive ROI we’ve ever featured, it is worth noting that this took place within 15 months and within a project that still hasn’t even reached its second birthday.
Despite hitting the $7 region in September and October, Celo couldn’t survive the crypto crash that started in 2022.
Currently, CELO trades around $2.75. However, what does this all mean moving forward?
Celo Price Prediction/CELO Price Forecast for 2023, 2024, 2025 AND 2030
We predict future Celo short & long-term price predictions/CELO price forecasts at cryptopredictpro.com using deep artificial intelligence-assisted technical analysis on Celo price data from the past. We work hard to collect as much historical data for the CELO coin as possible, including multiple parameters such as past price, Celo market cap, CELO volume, and a few others. Read our predictions if you want to invest in digital cryptocurrencies and get a good return on your investment. Additionally, if you want to see Celo price analysis charts, historical data, and more, click here!
Celo Price Prediction 2022 (CELO Forecast)
Looking at the daily chart, presently, it looks somewhat promising.
Currently, Celo is trading on both the positive side of its MACD and MA Cross.
Additionally, Celo is trading just above its 20 days RMA but below its 50 days and 100 days RMA.
Meaning, while this might not be sustained for long, as we can see, Celo has been flipping between positive and negative sides of its MACD and MA Cross all year.
It certainly looks more promising than many cryptocurrencies we have been covering recently.
Of course, nothing is guaranteed, and with challenging global macro factors currently at play, it certainly shouldn’t be considered the only green lights required for investment.
Regardless, our analysts predict a recovery to around $3.50 could be on the cards before the end of the year.
Although, a drop to as low as $2 shouldn’t be ruled out between now and then, either.
Celo Price Prediction 2023 (CELO Forecast)
Moving forward, if history is any indicator to go by, 2023 is currently modeled to be a poor year for the crypto markets overall.
Presuming those predictions hold, we believe we could see CELO slip to between $2.50 and $1.50.
Celo Price Prediction 2024 (CELO Forecast)
Luckily for long-term holders, those same models also currently predict 2024 to be a positive year for the crypto markets.
Historically, the Bitcoin halving has been one of the triggers for the crypto bull market.
Assuming this holds in 2024, we believe we could see CELO selected early by investors looking to capitalize on the potential incoming price explosion.
Consequently, our analysts believe a price recovery to somewhere in the region of $4.50 is possible.
Celo Price Prediction 2025 (CELO Forecast)
Assuming history continues to repeat, 2025 will likely be the top for the next crypto bull run.
If this remains the case, we believe we could see CELO finish as high as $15 before giving way to the next crypto recession.
Despite initially seeming bullish, a $15 CELO token would only be equal in market cap to Litecoin, currently sitting in 21st place, during early March 2022.
Naturally, as such, we don’t believe this to be an unreasonable expectation, given the niche Celo is trying to fill.
Celo Price Prediction 2026 (CELO Forecast)
Unfortunately, green days don’t last forever, and eventually, a new crypto recession will occur.
When this arrives, we are likely to see red days across the board, and as a consequence, we believe CELO may fall to as low as $8 in its wake.
Celo Price Prediction 2027 (CELO Forecast)
Likewise, in 2027, if the models’ predictions of another negative year for the markets overall hold true, we believe we may see CELO fall further to around $7.50.
Celo Price Prediction 2028 (CELO Forecast)
Luckily, the sea of red will eventually turn into another sea of green, and currently, we believe this will occur in 2028.
Like in 2024, 2028 will bring forth another Bitcoin halving which we hope will continue to stimulate the crypto economy.
Presuming this is the case, we believe Celo can achieve $25 during this period.
Celo Price Prediction 2029 (CELO Forecast)
If history continues repeating, that should mean a peak somewhere in 2029.
If we believe this will continue repeating, we predict we could see a $50 CELO token in 2029.
Again, this may seem bullish until you realize a $50 CELO token is only equal to that of Avalanche, which is sitting in 10th place by market cap as of early March 2022.
Celo Price Prediction 2030 (CELO Forecast)
Lastly, in 2030, we predict that the price surge will eventually succumb to a price collapse.
When this occurs, we believe Celo will likely fall to somewhere around $30.
Celo Price Prediction Chart
Year | Predicted Year Low | Predicted Year High |
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2022 | $2.04 | $3.51 |
2023 | $1.51 | $2.53 |
2024 | $3.04 | $4.50 |
2025 | $10.09 | $15.42 |
2026 | $6.04 | $8.04 |
2027 | $5.50 | $7.50 |
2028 | $15.06 | $25.01 |
2029 | $25.07 | $50.47 |
2030 | $20.36 | $30.24 |
Celo Overview
Ticker Symbol | CELO |
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Total Supply | 1,000,000,000 |
Official Website | celo.org |
Based On | Stablecoin powered |
Year Founded | 2018 |
Wallets | Celo Wallet |
Exchanges | Binance, Coinbase, Gate.io, Kucoin. |
Conclusion
Being so new, it can be hard to say with certainty how Celo will perform so far in the future.
Therefore, to achieve these targets, it will need to keep improving upon the blueprints laid out in its whitepaper.
However, providing management can perform their duties diligently, we do not see the demand for a mobile-focused crypto trading platform dropping anytime soon.
Consequently, we firmly believe Celo’s best days are likely still ahead of them.
We give Celo 4 stars out of five. What is your price prediction for CELO? Leave your rating and comments below!
FAQ
1. What do we expect the highest price forecast for Celo to be for the year 2022?
We expect the CELO price to reach a maximum level of $3.51 in 2022.
2. How high can the price of CELO go?
In 2026, we estimate that the coin will easily reach around the $8.04 mark. However, in 2029, our Celo Price Prediction for 2029 is $50.47, which we believe will be its highest peak.
3. How much will Celo be worth in 2030?
Our Celo price prediction for 2030 is around the $30.24 mark.