With the Ethereum price reclaiming the $3,500 mark, top Layer-1 tokens have regained momentum with some projects adding a significant value within a short period.
Moreover, as the altcoin market heats up, is this a good time to invest in Celestia tokens? Read CoinPedia’s expert panel’s TIA price analysis to uncover the possible short-term price prospects.
The TIA price has maintained a bullish price action by adding 54.89% over the last seven days. Moreover, the altcoin has retested its $8 mark today with an intraday jump of 6.22%, highlighting an increase in the buying pressure for it.
The MACD indicator has recorded a significant rise in the green histogram in the daily time frame, with its averages showing a bullish price action. This suggests an increase in the buying-over-selling pressure for this Cosmos-based token in the market.
The EMA 50-day records a positive curve in the TIA price chart, with the 200-day recording a similar trend. This hints at a high possibility of a Golden Cross for the Celestia token during the upcoming time.
Maintaining the price above its support level of $7.5 could set the stage for it to retest its $10 mark. Moreover, if the bullish sentiment intensifies, this could push the price of this altcoin toward its upper resistance level of $13.8.
Conversely, if the bears overpowered the bulls, the Celestia price could potentially breach its important support level and plunge toward its crucial low of $4 this year.
Wondering “will TIA price reach $20?” Read our Celestia Price Prediction to explore the long-term possibilities and subscribe to stay updated on the latest crypto news!
The TIA price is presently valued at $7.803, with a jump of 9.01% and a trading volume of $1.43 billion.
With a weekly return of +54.48%, the Celestia token hints at a strong bullish long-term return.
The Celestia ($TIA) token is currently unavailable on Coinbase for trading.
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