Celestia’s Lemongrass Upgrade Fuels TIA Price by 22%, What’s Next?

After a massive decline this year, the TIA price has reached a demand zone. It stopped moving below the previous low and has not built new lows from $4.321 support.

TIA Price Statistics

The 24-hour volume erupted massively by 66%, where the total volume on all tradeable platforms amounted to $136.88 Million. The liquidity was at 12.08%, which looked good and made trading easier on any exchange closest to its price value. 

Meanwhile, market sentiments slowly shifted towards the greed phase, from yesterday’s extreme fear of ’20’. It has scaled to neutral at ’48’. Thus, it signified that fear among the many has reduced lately.

This optimistic market sentiment looked poised to fuel the price rally ahead of TIA.

Celestia’s Lemongrass Upgrade

The release of celestia-app v2.0.0 would be used to activate Lemongrass. The Mocha Testnet would then be upgraded following successful activation and testing with community coordination.

Furthermore, development activity like the above reflected the growth of a platform. The developers’ activity is constantly increasing on that platform, with ongoing developments underway. 

An Analyst Has Fueled Optimism in the TIA Price

The TIA price has been approaching with a recent surge to test the trendline. He added, ‘The longer the wait, the bigger the movement.’

This post fueled heightened sentiment amongst socials, and a massive rally could break out, piercing through the dynamic trendline.

Indicators Overview & Forecast In TIA

The 50-day EMA and the 200-day EMA bands acted as hurdles, and the price approached to test them. 

The MACD showcased growth potential via a bullish cross, as the histogram stands at 0.026. Also, the RSI flashed at 48.90 after jumping from 14-SMA.