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- 1 TIA token sharply rose from the 20-day EMA post retracement.
- 2 Buyers have persisted in accumulation and are ready to lift TIA.
Celestia (TIA) token persists in delivering outperformance and is riding the gains. TIA token price exceeded key moving averages and is continuing to form higher highs, extending the bullishness. TIA token price rebounded from the support zone of $5.00 and is ready to retest the swing high of $7.50. Meanwhile, the immediate resistance of $7.00 must be escaped to uplift the token toward a new 52-week high.
TIA token price has sustained the gains above neutrality and persisted in extending the gains. Moreover, the technicals favor the bulls, and the buyers have dominated the battle. TIA token has done its retracement and is showing a pullback from the 20-day EMA mark.
The live price of the TIA token is $6.46, with an intraday gain of $14.67%, showing bullishness on the charts. Moreover, the trading volume increased by 23.72% to $213.30 Million, and the pair of TIA/BTC is 0.000179 BTC. However, the market cap of TIA token is $978.47 Million. Analysts have maintained a bullish rating and suggest that the TIA token may reach $10 in the next few months.
Will TIA Token Surpass the Barrier of $8?
On the 4-hour chart, the TIA token price retraced to the round mark of $5.00, and a sharp rebound was witnessed. The price action highlights the buyers’ accumulation.
The RSI curve stayed in the overbought zone and formed a positive divergence, highlighting a bullish outlook.
The MACD indicator showed a bullish crossover and formed green bars on the histogram, suggesting a positive outlook for the upcoming sessions.
Hourly Charts Delivers Breakout
On the hourly chart, the TIA token surpassed the resistance mark of $6.7 and approached bullish territory. Moreover, the price action shows the buying with solid volume, which is a vital sign of bullishness, and the token will continue to outperform and may skyrocket.
Summary
The price of Celestia token (TIA) exceeded the trajectory hurdle of $6.70, highlighting bullishness in recent sessions. The technicals also reveal the bulls’ dominance, suggesting that the TIA token may skyrocket soon and outperform in the following sessions.
Technical Levels
Support Levels: $6.60 and $6.00
Resistance Levels: $7.10 and $7.50
Disclaimer
The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto or stocks comes with a risk of financial loss.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.
