Is Celestia Crypto Poised for a Bull Run?

The Celestia (TIA) price chart shows an uptick in bullish momentum as it climbed higher on Thursday, breaking out of the consolidation phase. The TIA price broke out of the consolidation of over three weeks. 

Celestia crypto extended the rally on Thursday. However, the momentum did not continue on Friday and a neutral candle was noted on the chart. Moreover, the morning gains have faded and at press time, TIA price was trading at $14.89 with an intraday drop of 4.65%. 

Celestia is a blockchain network that allows anyone to create their own blockchain with low cost and high efficiency. It separates the execution of transactions from the agreement on their validity and order, using a technique called data availability sampling. 

It is different from traditional blockchains that have to do everything at once and face scalability issues. Celestia also enables modular blockchains that can connect to Celestia and benefit from its security and decentralization.  

The TIA crypto price registered a strong outlook over the daily chart. The price is headed higher, getting support from the 50-Day EMA. The price performance of TIA cryptocurrency shows a 20.43% gain in a week and an over 54.75% gain in the past one month. 

Recent price action shows a breakout after a three-week accumulation which may further push the price higher. As per data obtained from CoinMarketCap, Celestia crypto price is hovering near its all time high and may continue to rise further. 

The volume analysis of Celestia shows that the trading volume dropped by 49.84% and reached $406.6 Million in the past 24 hours. The TIA crypto ranks 37th among the top cryptos with a live market cap of $2.31 Billion. The volume-to-market cap ratio is 18.27% indicating high volatility. 

TIA Price Prediction 2024

The long term trend is bullish due to which the Celestia price may keep thrusting higher. The breakout to the upside may take the price to a high of $26.394 suggesting an upside potential of 79.42%. Whereas, the lowest price that the TIA cryptocurrency may attain in the next year is $20.82.

TIA Price Prediction 2025

Over the next two years, the optimistic view of analysts expects that the Celestia price may reach a high of $32.62. The minimum forecasted price by the end of 2025 is $24.71.

TIA Price Prediction 2026 

The Celestia cryptocurrency price may reach a high of $41.51 if an optimistic trend prevails in the crypto market. On the flip side, the pessimistic view of the analysts expects the price to reach $29.60 by 2026.

TIA Crypto Price Prediction 2027

The analysts are optimistic in the long term and assume that the Celestia crypto price may advance to a high of $48.88. On the other hand, the lowest price that the crypto could achieve by 2027 is expected at $36.18. 

TIA Crypto Price Prediction 2028

The most optimistic view of analysts expects the price to reach a high of $71.1 by the end of financial year 2028. Whereas the most pessimistic view of analysts expect the price to reach $49.7 by 2028 end. 

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss. 

With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.