Celo Foundation and Opera Strengthen Collaboration to Boost Global Expansion of MiniPay's Stablecoin
MiniPay's Growth and Adoption: MiniPay, built on Celo's EVM chain, has achieved over 300 million transactions and more than 11 million activated wallets, positioning Celo as a leader in Ethereum Layer-2 stablecoin activity with a growing user base.
Partnership Expansion: The collaboration between Celo Foundation and Opera is enhancing MiniPay's capabilities, including integrations with Mercado Pago in Argentina and PIX in Brazil for direct stablecoin-to-fiat conversions, facilitating international expansion.
Future Developments: MiniPay plans to introduce major upgrades by 2026, including deeper integration of real-world assets and stablecoin-backed cards, aiming to create a comprehensive gateway for both traditional finance and blockchain utilities.
Global Outreach Initiatives: Celo and Opera will launch a Mini App Roadshow in Asia and South America to onboard developers and promote Web3 adoption, reinforcing MiniPay's mission to provide reliable stablecoin wallets globally.
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Technical Analysis for CELO
Technical Sentiment Analysis for Celo (CELO) As of , Celo (CELO) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CELO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CELO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Celo (CELO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0311 | 0.05 | 0.0687 | 0.0876 | 0.106 | 0.125 | 0.144 |
| Fibonacci | 0.05 | 0.0644 | 0.0732 | 0.0876 | 0.102 | 0.111 | 0.125 |
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