Celestia (TIA) has been making waves in the cryptocurrency world, and its value has shot up recently, attracting the attention of investors who were watching closely. Following a peak at $15.5, TIA underwent a correction, dipping down to $7.5, according to data from CoinMarketCap.
Celestia is currently being sold at $11.54 after bouncing back from its latest low price. In the last 24 hours, there have been heightened activities among traders, with trading volume for TIA going up by $562.75 million; this shows that Celestia still holds strong in the cryptocurrency market with a capitalization of $2.06 billion.
In the last 24 hours, the price of TIA has increased significantly by 6.22%, which indicates that investors are now positive about its future. This indicates good momentum and potential growth in the near term.
Changelly predicts that Celestia will be worth $12.47 by April 22, 2024, which corresponds to an increase of 11.04%. This could mean that the cryptocurrency may be on an upward trend in the coming days.
Moreover, Changelly’s T.A indicators indicate a Neutral Bullish sentiment rating of 50% for Celestia meaning that it is fairly optimistic among traders and analysts. Also, the Fear & Greed Index presently has a score of 66, denoting Greed as the most common sentimentality in the market and could boost this bullish move for Celestia.
Analyst Predicts Celestia’s To Reach $70-$130 Range
Crypto analyst CryptoBullet has shared a bullish outlook on the price trajectory of TIA (Celestia), specifically focusing on the 1-week chart. According to the analyst, TIA will likely consolidate below its previous high of $20 for an extended period, possibly forming a large Symmetric Triangle pattern during this phase.
According to CryptoBullet, TIA will only rise significantly after this consolidation phase and subsequent re-accumulation period. The analyst also has macro price targets at $70 and $130 for TIA thereby showing a lot of potential opportunities which are above its present prices.
This analysis suggests a long-term perspective since it expects TIA to consolidate and then break out into bullishness towards higher price targets.
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