Key Takeaways
- The Celer Network price can reach a maximum level of $0.0176 with an average price of $0.160 throughout 2024
- By 2027, the Celer Network price could reach a maximum value of $0.0581 with an average trading price of $0.0496.
- Celer Network is expected to reach a maximum level of $0.1735 in 2030.
Celer Network has shown that it can make a decentralized, off-chain scaling platform with strong security properties. The project comes from several Stanford researchers and is backed by venture capital firms like FBG Capital, Global Brain, Zhenfund, and DFund.
Celer Network is a layer-2 scaling platform built on top of the Ethereum blockchain. It aims to enable fast, low-cost, and secure off-chain transactions for decentralized applications (dApps). By utilizing off-chain techniques like state channels and sidechains, Celer Network significantly improves the scalability of Ethereum without sacrificing decentralization.
Celer Network crypto has proven to be a profitable investment for those who joined in the early stages of the token, with a massive ROI. Celer is the future of Esports and MicroPayments on Ethereum Layer 2; think Matic but is it better?
We’ll look at past Celer Network (CELR) pricing and see what experts have to say about its price movements in the future. Remember that these predictions should be taken just as some market experts/analysts suggest.
Overview
| Cryptocurrency | Celer Network |
| Token | CELR |
| Price | $0.01314 |
| Market Cap | $104,442,025 |
| Trading Volume | $2,035,407 |
| Circulating Supply | 7,743,424,107 |
| All-time High | $0.1987 Sep 25, 2021 |
| All-time Low | $0.001014 Mar 16, 2020 |
| 24 High | $0.01344 |
| 24 Low | $0.01263 |
Celer Network Price Prediction: Technical Analysis
| Metric | Value |
| Price Prediction | $0.015795 (18.81%) |
| Volatility | 13.71% |
| 50-Day SMA | $ 0.019472 |
| 14-Day RSI | 32.38 |
| Sentiment | Bearish |
| Fear & Greed Index | 25 (Extreme Fear) |
| Green Days | 14/30 (47%) |
| 200-Day SMA | $0.023865 |
Celer Network price analysis: Testing crucial supports amid bearish trends
1.CELR is currently testing a vital support level at $0.01, crucial for short-term direction.
2. Both MACD and Stochastic RSI indicate sustained bearish momentum, with potential oversold conditions suggesting a near-term reversal.
3. Investors should keep a close eye on volume changes and MACD adjustments for early signs of a market sentiment shift,
The Celer Network (CELR) is currently experiencing a notable downtrend, trading around $0.01314 with a recent decline of 4.13% in the last 24 hours. This negative movement has pushed its market capitalization to approximately $101.74 million. The trading volume has seen a slight increase, up by 7.19% to reach $3,034,409. Despite the bearish sentiment that dominates its current market behavior, the token’s activity suggests that investors are actively engaging, possibly looking for buying opportunities at lower price levels or speculating on short-term movements.
Daily chart analysis: CELR faces downward pressure towards $0.013 support
The daily chart of Celer Network indicates a consistent downward trend over the past weeks. The price has been steadily decreasing, now resting near a critical support level at $0.01, as highlighted by market analysts. The Moving Average Convergence Divergence (MACD) shows a bearish crossover, with the MACD line below the signal line, reinforcing the negative momentum. Additionally, the Stochastic RSI is nearing oversold conditions, indicating that CELR might be approaching an exhaustion point in its current downtrend, which could potentially lead to a reversal if buying pressure resumes.
CELR 4-hour chart analysis: CELR stumbles below EMAs
Looking closer at the four-hour chart, CELR displays volatility with short-lived recoveries and sharper declines. This timeframe highlights the token’s struggle to maintain any significant recovery, with resistance levels quickly turning gains into pullbacks. The Exponential Moving Averages (EMAs) on this chart—20, 50, 100, and 200—show a strong downtrend with all short-term moving averages below the longer-term ones, suggesting that the path of least resistance is downwards.
Celer Network Technical Indicators: Levels And Action
Daily Simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $0.014438 | SELL |
| SMA 5 | $0.013923 | SELL |
| SMA 10 | $0.013604 | SELL |
| SMA 21 | $0.015275 | SELL |
| SMA 50 | $0.019472 | SELL |
| SMA 100 | $0.02344 | SELL |
| SMA 200 | $0.023865 | SELL |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $0.014829 | SELL |
| EMA 5 | $0.01536 | SELL |
| EMA 10 | $0.01617 | SELL |
| EMA 21 | $0.0179 | SELL |
| EMA 50 | $0.021117 | SELL |
| EMA 100 | $0.023188 | SELL |
| EMA 200 | $0.022982 | SELL |
Future expectations for Celer Network prices
The outlook for Celer Network in the immediate future remains cautious. The critical support level at $0.01 will be decisive; holding above this level could encourage a mild recovery, potentially triggering a short-term bullish correction if accompanied by positive market sentiment or favorable developments within the network. However, if this support breaks, CELR could see further declines, testing lower supports. Investors and traders should watch for the MACD and Stochastic RSI on daily and four-hour charts for signs of a potential reversal or confirmation of the ongoing bearish trend.
The Celer Network faces a challenging market environment, with bearish trends dominating the landscape. However, the near oversold conditions could offer a silver lining for potential upward corrections, provided the market conditions align favorably.
Why is CELR down?
This decline can be attributed to negative market sentiment, profit-taking by traders after the midday peak, technical resistance levels prompting sell-offs.
Will CELR recover?
Celer networks price has declined recently, with minor short-term recoveries; however, the move is gradual. The general trend remains bearish as it seeks support.
Will Celer network reach $1
Celer network price shows a recent decline with some stabilization, predicting whether CELR will reach $1 is uncertain.
Will CELR reach $10?
Reaching $10 for Celer Network (CELR) is extremely unlikely given its current market conditions and historical performance.
Will CELR reach $100?
The likelihood of CELR reaching $100 is extremely low and would depend on a series of highly favorable and extraordinary events.
Does CELR have a good long-term future?
Celer Network (CELR) has potential for a strong long-term future, primarily due to its innovative approach to scaling and interoperability solutions for blockchain technology. By enabling off-chain transactions and providing layer-2 scaling solutions, Celer Network addresses some of the key challenges in the blockchain space, such as scalability and high transaction costs.
Celer Network Price Prediction July 2024
The Celer Network price in July 2024 shows that the minimum trading cost might be $0.0134, while the maximum might reach $0.142 this month. On average, the value of CELR is expected to be around $0.139.
| Celer Network Price Prediction | Potential Low | Potential Average | Potential High |
| Celer Network Price Prediction July 2024 | $0.0134 | $0.0139 | $0.142 |
Celer Network Price Prediction 2024
Celer Network (CELR) price prediction in 2024 suggests that the upward trajectory of the token will persist, potentially reaching a maximum value of $0.0176. Furthermore, the average price is approximately $0.0160, while the minimum valuation is projected to be $0.0154.
| Celer Network Price Prediction | Potential Low | Potential Average | Potential High |
| Celer Network Price Prediction 2024 | $0.0154 | $0.0160 | $0.0176 |
Celer Network Price Prediction 2025
The Celer Network forecast for 2025 suggests that CELR could potentially reach a maximum value of $0.0276. Additionally, the projected minimum price for the coin is estimated to be approximately $0.0229, while the average market value could hover around $0.0237.
Celer Network Price Prediction 2026
According to Celer price prediction for 2026, there is a possibility for the coin’s value to reach a maximum of $0.0399, while the projected minimum price is anticipated to be $0.0326. The average trading price for the year is estimated to be approximately $0.0338.
Celer Network Price Prediction 2027
In 2027 the price of Celer Network is forecasted to be at around a minimum value of $0.0479. The Celer Network price value can reach a maximum of $0.0581 with the average trading value of $0.0496.
Celer Network Price Prediction 2028
Celer Network price is forecast to reach a lowest possible level of $0.0696 in 2028. As per findings, the CELR price could reach a maximum possible level of $0.0848 with the average forecast price of $0.0721.
Celer Network Price Prediction 2029
Celer Network price forecast for 2029 indicates that the coin is expected to have an average trading price of $0.1018. There is potential for the the price of celer network to reach a maximum of $0.1211, while the projected minimum price is around $0.0989.
Celer Network Price Prediction 2030
In 2030 the price of Celer Network is predicted to reach a minimum level of $0.1487. The CELR price can reach a maximum level of $0.1735 with the average trading price of $0.1537.
Celer network market price prediction: Analysts’ CELR price forecast
| Firm Name | 2024 | 2025 |
| Changelly | $0.0283 | $0.0317 |
| DigitalCoinPrice | $0.0320 | $0.0377 |
| Coindex | $0.0362 | $0.0404 |
Cryptopolitan’s Celer network price prediction
According to Cryptopolitan, Celer network Price Prediction will experience tremendous growth as it has the potential to achieve new highs in terms of price points and market cap. Meanwhile, CELR is expected to reach a minimum price of $0.0154. The maximum price may reach $0.0176 in 2024.
Celer network historic price sentiment
- Celer Network (CELR) was launched in March 2019 with an initial trading price of around $0.02. However, the token’s price declined shortly after its launch, falling to approximately $0.007 by May.
- It experienced some ups and downs throughout the year, ultimately ending 2019 at $0.004, representing an 85% loss from its initial price.
- In 2020, CELR saw a brief surge in February but quickly declined, hitting a low of $0.0009 in March. From there, the token gradually recovered and ended June at $0.004.
- It rallied in July and August, peaking at $0.014, but fell again in September, reaching a low of $0.003 by November. By the end of 2020, CELR was worth around half a cent.
- In January 2021, CELR doubled in price and reached over $0.02 in February. The growth continued, leading to an all-time high of $0.10 in March.
- The prices sharply retreated in April, reaching a low of $0.04. The token attempted a rebound in May but faced volatility, ultimately closing 2021 at $0.075.
- In January 2022, CELR briefly attempted to reach $0.1 but fell short, trading below $0.02 in March.
- It broke past the $0.02 resistance in July 2022, reaching $0.027 in August, and consolidated within the $0.01 to $0.02 range for the rest of the year.
- In 2023, CELR opened at $0.0095, reached a high of $0.0282 in April, and experienced a reversal, reaching $0.0137 on June 12. In the year 2024, January there was a slight increase to about $0.03, suggesting some positive developments or market sentiment.
- In July 2024, the price remained around $0.015, showing stability at this lower price point. At the time of writing, CELR is trading at $0.01314, reflecting a 1.21% price loss.
