bullish

2024

Sharp

when

Celestia

<p>The past week was a week of celebrations for the <a href="https://www.thecoinrepublic.com/price-prediction/celestia/">Celestia</a> (TIA) buyer. This happened as the <strong>TIA price</strong> enlisted a surge of over 20% and was inching close to a breakout. Along with the rising positive sentiment in the crypto market, the token is eyeing crossing the $5 mark.</p> 
<p><strong>TIA crypto</strong> has delivered noteworthy buying momentum and signaled a possible trend reversal on the chart. The token gradually gained traction and witnessed a follow-on buying momentum this week.</p> 
<p>It made a bullish streak for the past four sessions and surpassed the 20-day EMA level. However, the altcoin was still restricted inside a falling channel. It has not yet assembled a fresh higher high swing, which conveys a bearish trend.</p> 
<p>The token may resume the downtrend until the <strong>TIA price</strong> does not cross the $6 mark. Meanwhile, buyers have started attempting to break the $5 wall and are looking for a reversal.</p> 
<h2 class="wp-block-heading" id="h-tia-price-confronts-trendline-barrier-what-s-next"><strong>TIA Price Confronts Trendline Barrier: What’s Next?</strong></h2> 
<p>The daily chart setup indicated Celestia crypto is confronting resistance at a meaningful trendline. It has previously led to bearish rejection last month.</p> 
<p>The <strong>Celestia price</strong> was trading at $4.84 at press time, up over 10.90% over the last 24 hours. Its market cap has risen to $683.53 Million, placing TIA as the 64th largest crypto.</p> <iframe loading="lazy" title="Santiment Chart: Price (TIA), Volume (TIA)" width="800" height="425" src="https://embed.santiment.net/chart?ps=celestia&amp;pt=TIA&amp;df=2024-03-15T18%3A29%3A59.867Z&amp;dt=2024-09-15T18%3A29%3A59.867Z&amp;emcg=1&amp;emhwm=1&amp;wm=price_usd%3Bvolume_usd&amp;wax=0%3B1&amp;wc=%2326C953%3B%23D2D6E7&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B" scrolling="no"></iframe> 
<p>Adding to this resistance, just above the current level at around $5, there lies another significant obstacle: the 50-day EMA. Traversing this resistance zone, particularly between $5 and $5.20, could pave the way for TIA.</p> 
<p><strong>TIA crypto</strong> must breach the $5.20 mark for a confirmed bullish breakout. The RSI line crossed the 50 mark, replicating a positive crossover on the charts, supporting the bullish outlook.</p> 
<p>Moreover, the CMF indicator was above the zero line at 0.13. This implied increased liquidity joining the market by investors.</p> 
<p>@AltcoinCadet, in his tweet, mentioned that TIA crypto was attempting a bounce and is set to reverse the trend.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24TIA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TIA</a> support held just waiting on the bounce <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9d0.png" alt="🧐" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/23f3.png" alt="⏳" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/kb9yuROmHq">https://t.co/kb9yuROmHq</a> <a href="https://t.co/Gydu7vu4Ya">pic.twitter.com/Gydu7vu4Ya</a></p>— AltcoinCadet (@AltcoinCadet) <a href="https://twitter.com/AltcoinCadet/status/1834908554030940265?ref_src=twsrc%5Etfw">September 14, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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</figure> 
<p>While there are bullish signs, the TIA price prediction indicated that a significant breakout is looming. Also, the altcoin could see an upswing in the coming sessions.</p> 
<h2 class="wp-block-heading" id="h-sharp-surge-in-popularity"><strong>Sharp Surge in Popularity</strong></h2> 
<p>Following the <strong>TIA price</strong> increase, a whopping surge in the social dominance curve was noted over the last 48 hours. This means that the asset’s share of discussions on social media has been increasing, indicating bullishness.</p> <iframe loading="lazy" title="Santiment Chart: Weighted sentiment (Total) (TIA), Social Dominance (TIA)" width="800" height="425" src="https://embed.santiment.net/chart?ps=celestia&amp;pt=TIA&amp;df=2024-03-15T18%3A29%3A59.867Z&amp;dt=2024-09-15T18%3A29%3A59.867Z&amp;emcg=1&amp;emhwm=1&amp;wm=sentiment_volume_consumed_total%3Bsocial_dominance_total&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe> 
<p>Additionally, the weighted sentiment crossed the zero line at 0.594. This indicated that positive sentiment overpowers the negative sentiment that <strong>TIA crypto</strong> enjoyed a few sessions ago.</p> 
<p>The futures market data showed that traders are looking ahead to a breakout. The sharp liquidation surge replicated the same.</p> 
<p>The short liquidations rose to $498.63 Million, whereas the long liquidations decreased to $75.73k at press time. Short liquidations happen when traders with short positions are forced to exit to cover their losses as the price rises.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="281" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/09/image-151-1024x281.png" alt="" class="wp-image-719815" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/09/image-151-1024x281.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/09/image-151-300x82.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/09/image-151-768x211.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/09/image-151-150x41.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2024/09/image-151-696x191.png 696w, https://www.thecoinrepublic.com/wp-content/uploads/2024/09/image-151-1068x293.png 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2024/09/image-151.png 1473w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Liquidation Data | Source: Coinglass</p> 
<p>To watch out for the coming sessions, the immediate support zones for the TIA price were $4.30 and $4. In contrast, the resistance zones were around $5.10 and $5.50.</p> 
<p>The post <a href="https://www.thecoinrepublic.com/2024/09/16/tia-price-jumps-over-20-this-week-will-it-unfold-a-breakout/">TIA Price Jumps Over 20% This Week: Will It Unfold a Breakout?</a> appeared first on <a href="https://www.thecoinrepublic.com">The Coin Republic</a>.</p>

TIA Price Jumps Over 20% This Week: Will It Unfold a Breakout?

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