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<p>The <a href="https://captainaltcoin.com/celestia-tia-could-spike-60-if-price-closes-above-key-support-this-week-heres-the-outlook/" target="_blank" rel="noopener noreferrer nofollow">Celestia (TIA) price</a> has caught the eye of the crypto community after it broke free from a downward trend. This change in direction is often seen as a good sign that prices might go up.</p>
<p>The TIA price is reportedly testing the $6.00 mark, which is significant for predicting its future movement, according to crypto analyst Claire Jensen. The TIA price movement has attracted speculators, with many waiting to see if this breakout could signal the start of a compelling rally.</p>
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<h2 class="wp-block-heading" id="celestia-tia-technical-analysis-falling-wedge-breakout-and-support-levels">Celestia (TIA) Technical Analysis: Falling Wedge Breakout and Support Levels</h2>
<p>This falling wedge pattern is a common indicator of a possible trend reversal used by analysts. Regarding TIA, there is hope for a possible upswing as the company breaks out of this trend.&nbsp;</p>
<p>As of now, the $6.00 level acts as a support and resistance point. Successfully holding this level could lead to further gains<a href="https://captainaltcoin.com/heres-why-celestia-tia-price-could-skyrocket-elite-analyst-weighs-in/" target="_blank" rel="noopener noreferrer nofollow"> for TIA’s price</a> in the near term.</p>
<p>On the TIA chart, Fibonacci retracement levels provide additional guidance. If TIA’s price can sustain its price above $6.00, the next resistance lies around $13.100, a key level according to the 0.618 Fibonacci retracement. A breakthrough at this point could pave the way for further upward momentum, pushing the TIA price toward $18.450.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="515" src="https://captainaltcoin.com/wp-content/uploads/2024/10/image-542-1024x515.png" alt="" class="wp-image-566765" srcset="https://captainaltcoin.com/wp-content/uploads/2024/10/image-542-1024x515.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-542-300x151.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-542-767x386.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-542-1536x773.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-542-2048x1030.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-542-298x150.png 298w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-542-100x50.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-542-696x350.png 696w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-542-788x396.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-542.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/ClaireJensen_/status/1845777503807295744" target="_blank" rel="noopener noreferrer nofollow">X/ClaireJensen</a></em></strong>
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<p><strong><em>Read Also: <a href="https://captainaltcoin.com/ethena-ena-price-breaks-out-is-a-massive-rally-on-the-horizon/" target="_blank" rel="noopener noreferrer nofollow">Ethena (ENA) Price Breaks Out: Is a Massive Rally On the Horizon?</a></em></strong></p>
<h2 class="wp-block-heading" id="tia-price-movements-and-fibonacci-targets">TIA Price Movements and Fibonacci Targets</h2>
<p>When there is a market correction, traders frequently utilize Fibonacci retracement levels to pinpoint potential regions of support and resistance. Based on its price movements, TIA appears to be trying to bounce back after a significant decline of more than 80% earlier in the year. The 0.236 level has already been broken, signaling a recovery phase.</p>
<p>If the $6.00 support holds, the<a href="https://coinmarketcap.com/currencies/celestia/" target="_blank" rel="noopener noreferrer nofollow"> TIA price</a> could first target $13.100, followed by $18.450. These levels are key markers for traders eyeing TIA’s potential next moves.</p>
<p>Claire Jensen emphasized the importance of the $6.00 level for TIA’s price. She expressed cautious optimism about the possibility of a rally but also urged traders to watch for confirmation before making any predictions. Her sentiment reflects the broader market’s anticipation of a sustained breakout that could push TIA to new highs.</p>
<p>Furthermore, Jensen’s cautious approach echoes the broader sentiment among traders, with many waiting to see if TIA can break through the current resistance and begin a potential rally.</p>
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<p>The post <a href="https://captainaltcoin.com/celestia-price-just-broke-out-of-a-falling-wedge-whats-next-for-tia/" rel="noopener noreferrer nofollow">Celestia Price Just Broke Out of a Falling Wedge – What’s Next For TIA?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Celestia Price Just Broke Out of a Falling Wedge – What’s Next For TIA?

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