Will TIA Price Smash $25 Mark?

The Celestia price is moving with bullish momentum and recently touched the high price of $20.18. TIA’s technical analysis shows that it has been trading in an ascending parallel channel for a long time.

The bulls accelerated the TIA price and it reached an all-time high of $20.26 and from the all-time low price of $2.03, it is up by almost 795%. However, the price was rejected from the channel’s resistance line. Various crypto traders and analysts have a positive outlook on the future TIA price trend.

The price of the Celestia cryptocurrency (USD: TIA) shows a strong upward trend and it is near the $20 resistance level at the moment. Bulls are eager to overcome this hurdle and reach new higher levels. The TIA cryptocurrency price has increased by more than 16.29% in the past month. Prices above major exponential moving averages indicate a bullish mood.

The price action demonstrates that the TIA cryptocurrency has broken multiple highs and indicates the strong strength of the bulls, which continues to sustain buying momentum.

At the time of writing, the Celestia cryptocurrency was trading at $18.207 with an intraday gain of 4.92%, above the 50-day EMA level and indicating bullish sentiment on the charts. Moreover, the intraday trading volume is $142.38 million. The market capitalization of the Celestia cryptocurrency is $2.94 billion.

The oscillator indicates that the current price is overbought. Investors are optimistic about next week’s results. The price of the Celestia cryptocurrency has risen slightly by about 6.70% over the past week and has risen slightly by 16.29% over the past month.

Moreover, in the long term, the cryptocurrency has performed well, with a gain of about 668.32% in the last three months and about 598.58% in the last six months. The crypto’s performance over the year has also been good, with a growth of about 53.08% year to date.

Technical Analysis of Celestia Crypto Price in 1-D Timeframe

Celestia (USD: TIA) has seen a steady rise in its price over the past month and the past three months, gaining 670.60% and 16.63% respectively. Currently, the TIA cryptocurrency is trading at the $18.146 level and is trying to maintain this level even after the incredible price surge.

If it maintains this level, the price of Celestia may continue to rise and reach the first and second targets of $20.00 and $25.00. Moreover, if the TIA price fails to maintain this level and falls, it may reach the nearest $14.965 and $11.355 support levels.

The Celestia (USD: TIA) cryptocurrency is currently trading above its 50-day and 20-day exponential moving average (EMA), which supports its price momentum.

Summary

The technical oscillators and indicators for Celestia (USD: TIA) supports the bullish trend. The MACD, RSI, and the EMAs highlight positive signals, suggesting that the upward trend in the price of the TIA cryptocurrency may continue. The price action suggests that investors and traders are optimistic and price movements reflect the current optimistic outlook. 

Technical Levels

Support Levels: The Celestia crypto price may find support at $14.965 and $11.355, where it could bounce back or stabilize.

Resistance levels: The TIA crypto price may face resistance at  $20.00 and $25.00, where it could reverse or consolidate.

Disclaimer

This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions.

Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages ​​and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.