๐ฃ Celestia ($TIA ) Shows Strong Recovery Signs After 16% Daily Pump
Celestia (TIA) is showing some early indicators of a possible recovery after it gained a firm footing at the important $1.344 mark. As per CMC data, the altcoin has shown strength as it has recorded a significant 16% increase in the last 24 hours. This indicates that buyers are coming in at these lower prices and positioning the coin to potentially reverse the trend.
The technical pointers are becoming more bullish in the case of TIA. The MACD indicator has created a bullish crossover, and its histogram has moved into the green zone, signalling a build-up of the upward momentum. Such a change in the MACD is especially important because when it is accompanied by other favourable technical conditions, it tends to be a precursor to prolonged price advances.
TIA RSI is at 47.61, demonstrating a healthy momentum after being oversold, and the indicator is moving upwards. This implies that the selling pressure is fading out and the buying interest is slowly rising. The current position of RSI gives it a chance of increasing further before becoming overbought.
๐ธ Whatโs Next For TIA Price?
The analysis of the market sentiment shows a positive change, and social sentiment indicators are green. This positive change in market psychology can be associated with more active purchases and can be an extra boost in price growth.
In price action terms, TIA has short-term resistance at $1.959 and a more powerful one at $2.29. These are the main psychological and technical resistance areas that will have to be broken in order to have the bullish thesis fully realized. These resistance levels are close to each other, implying that any breakout may result in significant upward momentum.
The moving averages pose an important challenge to the recovery prospects of TIA. The 50-day EMA at $1.959 and the 200-day EMA at $3.282 are major obstacles that need to be overcome to ensure that there is a real turnaround.