TIA Price Hints A Bullish Reversal! Celestia Price To Hit $15 Soon?

Photo of author

By Pinang Driod

IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1 IZg1

The cryptocurrency industry has displayed a bullish reversal as the top crypto tokens have added over 5% in their respective portfolios within the past few hours. Furthermore, the price of Bitcoin has successfully crossed the $64K mark, indicating a positive outlook for the market this week.

The Celestia price has recorded a significant jump of over 18% in valuation within the past 24 hours, highlighting a strong bullish sentiment in the crypto space. Moreover, it has added approximately 3% over the past 30 days. Is it the right time to buy TIA tokens as the market has started consolidating.

Celestia Price On The Verge Of A Major Break Out!

The TIA token started the year 2024 with a price tag of $11.90. The altcoin traded under a significant bullish sentiment for the first two months, resulting in the Celestia token recording a new all-time high (ATH) of $20.91 on 10th February, a jump of 75.71% in valuation.

TIA Price Hints A Bullish Reversal! Celestia Price To Hit  Soon?
TradingView: TIA/USDT

However, after recording the high, the bulls lost momentum and traded under a strong negative influence. This resulted in the Celestia token erasing approximately 50% of its gains. Currently, the price is trading in a closed range between $8.90 and $11.55, and is on the verge of testing its upper level, the outcome of which is unpredictable.

The Relative Strength Index (RSI) displays a rising pattern, suggesting increased buying-over-selling pressure for the altcoin in the market. However, the average shows a flatline, indicating a mixed sentiment in the crypto space.

Will TIA Price Go Back Up?

If the market pushes the price above the resistance level of $11.55, the bulls will regain momentum and test its upper resistance level of $15. Maintaining the price at that level will set the stage for the TIA price to attempt to test its upper level of $18.50 during the coming time.

Conversely, if the bulls fail to regain momentum, the price will fall to test its support level of $8.90 by the coming week. Moreover, if the bears continue to dominate the market, it will plunge and prepare to test its lower support level of $7 this month.

SOURCE

Leave a Comment