Bitcoin

Celestia

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/celestia-altcoin-price-continues-to-climb/" data-wpel-link="internal">Celestia Altcoin Price Continues to Climb</a><br></p>
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/5-factors-that-could-change-the-price-course-of-terra-classic-lunc-altcoin/" data-wpel-link="internal">Altcoin</a> Celestia</strong> (TIA) price has been on an upward trajectory since its launch on October 31, 2023, showcasing an impressive 908% increase in approximately 100 days and reaching an all-time high of $20.91 on Friday. Moreover, further expectations for this altcoin could materialize if certain conditions are met.</p> 
<h2 style="text-align: justify" id="will-altcoin-celestia-s-price-continue-to-rise">Will Altcoin Celestia’s Price Continue to Rise?</h2> 
<p style="text-align: justify">The price of Altcoin Celestia has been consolidating for over two weeks between $13.88 and $20.33, displaying a complex pattern. Breaking above the midpoint of the range at $17.11, the price resulted in a 22% increase and propelled <strong>TIA</strong> to an all-time high of $20.91 on February 9. However, the candlesticks in the subsequent twelve hours closed below the lowest level of the range, creating some uncertainty among holders.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-313205 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/tia-altcoin-coin-turk-com.png" alt="" width="1540" height="821"></p> 
<p style="text-align: justify">Looking forward, two potential scenarios could emerge for altcoin <strong>TIA</strong>. Firstly, successfully converting the highest level of the range into a support level, particularly targeting the $24.31 price point, which is the 161.8% Fibonacci Extension level, could lead to an extended rally to new all-time highs. Conversely, a rejection at the high range could cause a retest of the midpoint support at $17.11.</p> 
<p style="text-align: justify">Despite current bullish indicators from the Relative Strength Index (RSI) and Awesome Oscillator (AO), the price of altcoin Celestia could witness minor pullbacks and potentially offer a buying opportunity around $18.23 before attempting to surpass the $20.33 resistance.</p> 
<h2 style="text-align: justify" id="bitcoin-s-stability-will-be-a-key-determinant">Bitcoin’s Stability Will Be a Key Determinant</h2> 
<p style="text-align: justify">Nevertheless, attention must be paid to broader market conditions, particularly the volatile position of Bitcoin’s price. A sudden 5% correction in Bitcoin could trigger significant declines in altcoins and potentially lead to double-digit losses.</p> 
<p style="text-align: justify">A twelve-hour candlestick close below the midpoint of the range at $17.11 support for Altcoin Celestia would invalidate the bullish outlook for <strong>TIA</strong>.</p> 
<p style="text-align: justify">In such a scenario, investors should expect the price of altcoin Celestia to revisit the low range of $13.88 and potentially indicate a shift in market sentiment. As always, careful monitoring of fundamental support and resistance levels and a good understanding of broader market dynamics are necessary for informed trading decisions in the volatile cryptocurrency environment.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/celestia-altcoin-price-continues-to-climb/" data-wpel-link="internal">Celestia Altcoin Price Continues to Climb</a></h5>

Celestia Altcoin Price Continues to Climb

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