Since February 2024, the price of the cryptocurrency Celestia (TIA) has decreased by approximately 85%. Recent analysis indicates the possibility of reaching a new all-time low.
Current Market Situation
Celestia has faced significant challenges as its price continues to decline. Currently, the crypto asset has shown a modest 4.11% gain, positioning it in the $2.70-$3.00 range.
Technical Analysis and Projections
Analysis by well-known crypto analyst Ali shows that the critical support level at $4 has been breached. Additionally, the $3.50-$4.00 zone has turned into a substantial resistance. Ali projects a short-term recovery to the $3.50 or $4.10 level before a possible new decline.
Future of Celestia
If the current support levels fail, new stages of price decline are possible, with a projected target of $1.50. Forecasts warn of the potential for long-term declines without a significant bullish reversal.
Celestia (TIA) continues to face market pressure. Forecasts point to the risk of reaching new all-time lows without substantial recovery.
