Celestia (TIA) Crypto Price Prediction: Reversal or Will Decline More?

On a wider time frame, the TIA price has performed negatively and has lost 57% since March. However, buyers have dominated in the short term and pushed the price by more than 60% in less than a week.

Celestia crypto price was traded at $ 7.01 at the time of writing the news and its daily gain was 2.74 percent. . The market cap is $1.38 billion and the 24-hour trading volume was $151.11 million at the time of writing.

Is There a 10 Percent Loss in TIA Price Soon?

According to a source at X, the Celestia crypto price is expected to drop 10 percent. On the 4-hour time frame, the price could fall below the $6 mark (in the green box in the image) and form a bottom there. The MACD formed a fatal cross to support this decline on the 4-hour time frame.

$TIA: I would like to fill in the green box, staying patient for now pic.twitter.com/Czu6CEelcr

TIA price was in an uptrend on the 4-hour time frame. Buying pressure may occur in the green box. A rebound from this zone could be considered a pullback and exceed the last swing high.

Strong Buying Coming After the Pullback?

$TIAAaggressive panic sellers will buy again at $12 below the range low. The price needs more time but the future is bright. Panic sellers may conduct planned panic selling at the $12 mark, below the range low, according to a source at pic.twitter.com/JEmbQWhYP4

X. TIA price fell below the $8 mark and buyers showed interest. The source stated that the short-term decline cannot affect Celestia's bright future.

Technical Indicators

TIA crypto price had broken through the 20-day exponential moving average (EMA) and was heading towards the 200-day EMA at the time of writing. The MACD formed a bullish crossover with the signal line and the histogram turned deep green. Technical indicators favor a bullish forecast.

TIA Price Outlook on 1-Day Timeframe

TIA crypto price was stuck in a parallel channel for 3 months during the bearish momentum. The downside breakout from the channel was triggered and fell 50 percent in 17 days, but buyers rebounded strongly and rose 60 percent in a week.

TIA price has crossed the 20-day EMA and is moving towards the 200-day EMA. If the price remains at the 20-day EMA and trading volume increases, buyers could look at the $10 target.

According to the historical chart, the price has fallen, creating lower lows and lower highs. At the time of writing, Celestia crypto price is at lower highs. If the digital asset price forms a bearish candlestick at a lower high, sellers may look for a new lower low.

Reversal or Further Decline?

Buyers are strong in the short term as TIA price is in a downtrend. After the downward break from the parallel channel, sellers dominated but there were also quick reactions from buyers.

The price has crossed the 20-day EMA and is looking at double digits. Technical indicators offer a bullish forecast.

Technical Levels

Celestia crypto price chart is expected to face resistance at $8.30 and $12.00. The price may gain support at the $5.00 and $2.50 levels.

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

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