Celestia (TIA) Jumps 12% As Breakout Above $5 Seems Likely
Celestia (TIA) has experienced a significant 12% price increase over the last 24 hours, suggesting a potential breakout of more than $4. Despite positive motivation, broader market clues are still raising challenges that may limit the upward trajectory of TIA.
However, current price action shows that altcoins can maintain their bullish trend.
Celestia aims higher
Relative Strength Index (RSI) for Celestia has recently It has reached a nearly three-month height, reflecting the strength of the bullish momentum of altcoin. The increase in RSI suggests that if current factors persist, TIA prices may continue to rise. It is worth noting that TIA shows an inverse correlation of -0.69 with Bitcoin, which means that its price has a less impact on BTC’s actions. This further supports the prospect that TIA can undermine higher and see further gains, especially as investor sentiment remains positive.
TIA’s momentum may continue to rise as RSI shows that bullish power increases. If these trends hold, altcoins may continue their uptrend, increasingly likely to break through the $4.00 resistance level.
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Celestia’s price action Also affected by wider market clues, Ichimoku Cloud shows a bearish trend across the market. Currently, TIA is still above the candlestick, which shows that Altcoin has avoided these market pressures to some extent.
But if TIA investors start selling on profit, Altcoin’s reliance on broader market trends could increase, which could pose a challenge to its price stability.
Ichimoku cloud is often used to evaluate market dynamics and trend changes. It shows that although not currently directly affected by bearish market sentiment, changes in investor behavior may change its trajectory.
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Tia Price is preparing for a breakthrough
Currently, TIA is trading at $4.09, up 12% from the previous day, with a holding support level of $3.88. Move in the ascending channel Tia seems to be fixed breakthrough. A successful breakthrough could push the alternative token by 21.8%, pushing its price higher than $5.00, marking the TIA’s six-week high.
The next major resistance for TIA is $4.50. If Altcoin can violate this resistance, it may continue its upward trajectory, opening the door for further gatherings. The target target will be set at $5.00, with additional upward potential if the bullish momentum continues to move forward.
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However, if the breakthrough attempt fails, TIA may see a callback. Failure to keep support at $3.88 may result in a drop. Tia will do this Test the lower trend line of the rising mode. If the price drops this way, the altcoin could drop to $3.23, which could invalidate the bullish outlook.
Disclaimer
and Trust Project Guide, this price analysis article is for informational purposes only and should not be considered financial or investment advice. Beincrypto is committed to accurate and impartial reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our terms and Conditions,,,,, Privacy Policyand Disclaimer Updated.