We like our charts close to support and far from resistance. Celo is right now one of our favorite charts, despite the good profits of last week.
CARE USA, a leading humanitarian organization fighting global poverty, today announced that it has selected Celo, an open-source blockchain ecosystem focused on making decentralized financial (DeFi) systems and tools accessible to anyone with a smartphone, to leverage the benefits of blockchain technology for the first time in its program in Latin America.
Recent integrations seem to have given Celo’s price a boost. First, QuickNode, a building infrastructure to support the future of Web3 recently announced support for Celo. Second, Celo announced its partnership with DuniaPay, a full-service digital banking app, to ease financial services for residents in West Africa. Earlier in August, CARE USA, a leading humanitarian organization fighting global poverty chose Celo as one of its First Blockchain Partners in Latin America.
Other technical analysts tend to agree with my view here