CELR Bei einem 16-prozentigen Bear-Strike müssen die Bullen auf diesem Niveau die Linie halten

Not able to break through $27,800 as a resistance point.

Would be looking at a swing of lows until we can have an upswing.

But crucial for a trend reversal is not $28,800, but $27,800. pic.twitter.com/7U7MS1lcus

– Michaël van de Poppe (@CryptoMichNL) 24. April 2023

Another depreciation in the Bitcoin price could have dire consequences for CELR, inviting bears to wipe out the remaining gains of the previous two weeks’ candles.

Celer Network Token Price Unfazed by Recent Platform Development

Despite Celer Network’s recent development on its platform, there hasn’t been any corresponding bullish influence on the price of its native token yet. A recent development extends Celer’s bridging support for Izumi Finance native token (IZI) and the IUSD stablecoin.

Users of the Celer Network can now seamlessly and securely transact the above-mentioned tokens between Arbitrum, Ethereum Polygon, and ZKsync networks at low transaction costs.

Featured image from istock. Chart from TradingView.