Celestia Price Approaches New All-Time Low

user avatar

by Giorgi Kostiuk

2 years ago

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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

US Law Blocks Federal Reserve from Issuing Digital Currency Until 2030

chest

US Congress passed a law blocking the Federal Reserve from issuing a digital currency until 2030.

user avatarRajesh Kumar

ECB Executive Addresses Privacy Concerns of Digital Euro

chest

Piero Cipollone from the European Central Bank addresses privacy concerns regarding the digital euro, emphasizing user privacy and transaction confidentiality.

user avatarLucas Weissmann

Bitcoin Futures Traders Abandon Crypto for Stablecoin Margin

chest

Bitcoin futures traders have largely abandoned using Bitcoin as collateral for their positions, opting for stablecoin-backed positions to avoid risks associated with price drops.

user avatarFilippo Romano

Gold Prices Surge to Three-Month High

chest

Gold prices surged to a three-month high, reaching $4,696.18 an ounce, driven by a weaker dollar and falling Treasury yields.

user avatarEmily Carter

BNB Smart Chain Set to Activate Pasteur Hard Fork

chest

BNB Smart Chain is set to activate its Pasteur hard fork on August 25, introducing significant network changes.

user avatarKaterina Papadopoulou

TAC Halts Block Production Due to Supply Exploit

chest

TAC, a Cosmos-based EVM sidechain connected to the TON ecosystem, has halted block production after a supply-related exploit.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.