Strong

Safe Haven

Celestia

<p>TIA, the native token of the Celestia blockchain, is one of the top performing major altcoins today amid broader market fluctuations. TIA is up around 8% today to trade around $18.36. We took a look at the TIA/USDT chart to see what’s going on from a technical perspective.</p> 
<p>The blue channel on the chart shows that TIA has been trading inside this channel since early January. Strong support seems to be around $13.5 since the price rebounded and protected this level a few times in January. This level also aligns with the 1.618 Fibonacci retracement level.</p> 
<p>Strong resistance looks to be around $19.8, which is also TIA’s all-time high set in mid-January. For TIA to push higher, the price needs to break above this level, which would also mean breaking out of the trading channel visible on the chart.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="536" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-97-1024x536.png" alt="" class="wp-image-431778" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-97-1024x536.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-97-300x157.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-97-768x402.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-97-1536x804.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-97-2048x1072.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-97-287x150.png 287w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-97-100x52.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-97-669x350.png 669w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-97-788x412.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-97.png 1408w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>The RSI (Relative Strength Index) indicator across all time frames (daily, weekly, monthly, 3-months, 6-months) is between 60-70. The RSI measures the speed and magnitude of recent price changes to analyze overbought or oversold conditions. An RSI between 60-70 generally indicates bullish momentum without being overbought.</p> 
<p>We also checked Celestia’s X (formerly Twitter) account, which has over 260k followers, indicating a strong community. The account is active and posting on a daily basis, which is a positive sign, but there were no major announcements that would explain today’s price surge.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>In other recent Celestia developments, the project recently implemented the Celestia Improvement Proposal (CIP) process. Ethan Buchman has also joined the Celestia team as a CIP editor. Additionally, Skip Protocol formed a 50-person working group to provide recommendations for the CIP process. With Celestia’s ecosystem expanding, TIA prices rose in the last week of January.</p> 
<p>In summary, TIA and the broader Celestia ecosystem seem to have positive momentum. While there was no major announcement to explain today’s price surge, technical factors like moving above key support levels and increased attention on developmental progress with the new CIP process likely contributed. As Celestia continues expanding, most signs point to additional upside for TIA prices. </p> 
<p>However, TIA needs to break above the $19.8 resistance level and blue channel ceiling on the charts to sustain the bullish breakout. If those technical milestones are achieved, TIA could be poised for even more impressive gains ahead. For now, traders will be closely eyeing whether bulls can retain control and propel TIA out of its recent trading range.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/why-is-api3-price-up-crucial-breakout-sginals-a-major-change-of-direction/" target="_blank" rel="noreferrer noopener">Why Is API3 Price Up? Crucial Breakout Signals a Major Change of Direction</a></li> 
 <li><a href="https://captainaltcoin.com/crypto-expert-forecasts-price-decline-for-cardanos-ada-if-this-key-resistance-continues-to-hold/" target="_blank" rel="noreferrer noopener">Crypto Expert Forecasts Price Decline for Cardano’s ADA if This Key Resistance Continues to Hold</a></li> 
 <li><a href="https://captainaltcoin.com/amid-chainlinks-market-turbulence-nuggetrush-emerges-as-a-preferred-safe-haven-for-investors/" target="_blank" rel="noreferrer noopener">Amid Chainlink’s Market Turbulence, NuggetRush Emerges as a Preferred Safe Haven for Investors</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/why-is-celestia-tia-price-up-2/">Why Is Celestia (TIA) Price Up?</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Why Is Celestia (TIA) Price Up?

Table of Contents

CaptainAltcoin

Other articles published on Feb 3, 2024

3 Altcoins Under $0.1 with the Potential to Turn $1 into $10 in 2024

Bitcoin: 912,626 BTC Traded at Historic Interest Price Zone

Can $GFOX 500X To $1, Or Will $Doge Get There First?

SEC charges American Bitcoin Academy founder in $1.2m crypto fraud scheme

Super Bowl LVIII to go crypto-free: No ads in sight

Important SHIB Burn Clarification Made by Shiba Inu Member

Join our free newsletter for daily crypto updates!