CELR Plummets 487% in 24 Hours Amid Selloff

Generated by AI AgentAinvest Crypto Movers Radar
Thursday, May 29, 2025 11:52 am ET1min read

On May 29, 2025,

plummeted 487.06% over 24 hours to $0.009355. The token also declined 10.66% over seven days, 946.4% over a month, and 5,054.08% year-to-date.

24-Hour Plunge Signals Extreme Volatility

CELR’s 24-hour drop marked one of the most severe intraday declines recorded in digital asset markets. The token closed at $0.009355 by the end of May 29, reflecting a dramatic shift from its opening price. Analysts noted the move as a continuation of broader market instability, though no specific trigger was isolated in the available data.

Extended Downtrend Intensifies Long-Term Losses

The token’s seven-day decline of 10.66% underscored persistent selling pressure. Over a month, CELR’s value contracted by 946.4%, erasing nearly all gains from previous periods. Year-to-date losses of 5,054.08% further highlighted the token’s struggles, with its price now at a historic low.

Technical Indicators Highlight Bearish Momentum

Technical analysis revealed CELR’s price had broken below key support levels, reinforcing bearish sentiment. The rapid decline in short-term trading windows suggested liquidity drying up, with fewer buyers stepping in to offset sellers.

Market Reaction and Liquidity Dynamics

The selloff coincided with reduced trading activity, complicating price discovery. While volumes were not disclosed in the data, the token’s steep drop indicated a lack of buyer interest at current levels.

Historical Context of the Decline

Comparing recent performance to prior periods, CELR’s year-to-date losses far exceeded those of most major digital assets. The token’s trajectory since January 2025 demonstrated a steady erosion of value, with no significant recovery periods.

Analysts Monitor Structural Risks

Analysts project CELR’s near-term outlook remains negative, citing weak fundamentals and technical indicators. However, confirmed data on future price movements or institutional interest was not included in the provided information.

CELR’s price action on May 29 underscored the heightened volatility and risk exposure facing certain digital assets amid evolving market conditions.

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