Celestia (TIA) continues to face challenges in the cryptocurrency market, remaining within a narrow trading range. This article reviews current price levels and forecasts.
Current Price and Support Levels
Currently, the price of Celestia (TIA) fluctuates around $2.75 after a significant 70% drop from its peak of $9.00 in November 2024. The key support area lies between $2.20 and $2.00, which resists sellers' attempts to break through. A fall below this range may indicate further declines towards the psychological support of $2.00.
Market Signals and Trends
The 50-day EMA is above the price, forming a bearish signal. The 200-day EMA resists the price at the $3.98 level. Momentum indicators show mixed signals, with the MACD histogram close to zero, indicating a lack of conviction in the market's direction.
Predictions and Recommendations for Traders
Traders should keep an eye on the $2.20 support; a clear break could lead to rapid selling down to $2.00. Sustained movement above $3.00 and increasing volume may indicate market recovery aiming for the next resistance at $4.18. Currently, TIA remains within its consolidation zone.
Celestia (TIA) is in a state of uncertainty in the cryptocurrency market. Historical levels of support and resistance are in focus for traders, while public sentiment and technical indicators suggest bearish trends.
