Celo (CELO) Price Prediction 2022 - 2030. Will CELO Crypto reach $2?

Celo is a blockchain project that allows smartphone users to make payments using their phones. In 2017, it was founded by Rene Reinsburg and Marek Olszewski. CELO, its native coin, was launched in 2020.

The Celo protocol is a proof-of-stake (PoS) Zero-knowledge proof layer-1 proof protocol that is compatible with the Ethereum Virtual Machine (EVM).

There have been more than 161 million transactions on the Celo blockchain, and the average block size is five seconds. By mapping phone numbers to public keys, Celo blockchain ensures that mobile transactions are carried out quickly since users can be authenticated.

The Celo blockchain promises a new generation of users the power of crypto and DeFi through simple, light, borderless transactions.

According to CoinMarketCap, CELO’s maximum supply is 1 billion CELO while its circulating supply is 462,324,704 CELO. The most popular cryptocurrency exchanges to trade Celo (CELO) are Binance, Coinbase, Huobi Global, Gate.io, Bittrex, and others.

Celo (CELO) Price Prediction 2022

After touching support level of $0.77, CELO price swung from $1.16 resistance2 to $0.95 resistance1. The market has reversed at the support level of $0.77 and is now going sideways. Expected to be bullish in coming weeks.

In the meantime, our long-term CELO price prediction for 2022 is bullish since it cannot break the current support level anytime soon. We can expect CELO to reach $2 in 2022.