Celestia (TIA) Token Skyrockets to the Top Gainers List on CoinMarketCap

Celestia (TIA) token has received a lot of attention this week after rocketing to the top gainers list on CoinMarketCap.

Celestia (TIA) token has seen a remarkable surge in interest this week, particularly after showcasing an impressive performance on CoinMarketCap’s top gainers list. As the world's first modular blockchain network, Celestia provides the necessary infrastructure for developers to create and maintain blockchains.

After remaining largely flat for seven days, the TIA token has finally seen a surge, climbing 17.40% to reach $7.63, with a trading volume of $130.76 million.

Technical Analysis Hints at Bullish Potential for Celestia Token

Moreover, prominent analyst and trader Cryptollica shared an optimistic outlook on Celestia, highlighting its technicalities.

According to the chart shared by Cryptollica, TIA's price appears to be forming a falling wedge pattern, with the $7.367 level serving as the closest support and the upper boundary of the wedge forming the basis for the token's ongoing ascent.

Based on the current price point of TIA, the chart's resistance level has been broken out, leaving the upper boundary of the falling wedge as the final hurdle for any potential future surges.

Previously, we covered highly bullish predictions for Celestia from other prominent analysts. According to Houseofcryptokings, TIA's minimal price target during this bull run is set at $146. If this level is breached by January 2025, the maximal target of $186 may be realized.

Additionally, earlier this month, CNF featured Celestia, highlighting that social intelligence platform LunarCrush saw TIA bolstering its social engagement by 1.45% at the time. Furthermore, Celestia Data saw a new milestone in the number of unique TIA delegators, nearing 500,000.

These developments showcased Celestia's growing attention and promising outlook, cementing its presence as a key player within the crypto market.

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