Long

Flow

Parabolic

Celestia

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/tia-investors-bolster-long-positions" data-wpel-link="internal" rel="noopener noreferrer nofollow">TIA Investors Bolster Long Positions</a><br></p>
<p style="text-align: justify">Celestia (TIA) has recently captured the spotlight with a notable surge in its value. Following a prolonged decline, the airdrop process in 2023 seemed to reverse within a span of 24 hours. At the time of this report, TIA is trading at $7.30, showing a remarkable 12% increase. This rise positions TIA as the second most appreciated cryptocurrency, just behind MEW. The price hike has fueled significant enthusiasm among market participants, with <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> increasingly confident in TIA’s upward trajectory and futures traders augmenting their long positions.</p>
<h2 id="what-drives-tia-s-market-sentiment">What Drives TIA’s Market Sentiment?</h2>
<p style="text-align: justify">For an extended period, TIA’s value faced a downward trend. However, a shift is now evident as investors take long positions more aggressively. Data from Coinglass highlights that TIA’s funding rate on cryptocurrency exchanges was largely negative between July 4-19, reflecting market pessimism during that period.</p>
<p style="text-align: justify">In recent days, a surge in TIA’s price has coincided with an increased demand for long positions, signaling a change in market sentiment from bearish to bullish. As of now, TIA’s funding rate is positive at 0.0042%, indicating a favorable outlook.</p>
<h2 id="how-much-will-tia-be-worth">How Much Will TIA Be Worth?</h2>
<p style="text-align: justify">The rise in open interest in futures trading underscores the bullish sentiment surrounding altcoins. Open positions have ascended to $176 million, marking a 40% increase since July 19. This uptrend indicates a growing appetite for new positions, with existing ones remaining open.</p>
<h2 id="key-takeaways-for-investors">Key Takeaways for Investors</h2>
<p style="text-align: justify"><strong>Investment Insights:</strong></p>
<ul>
 <li>The Parabolic Stop and Reverse (SAR) indicator suggests a sustained bullish trend for TIA.</li>
 <li>Positive Chaikin Money Flow (CMF) values indicate continued fund inflow into TIA.</li>
 <li>Potential price targets include $8.09 on the upside, while a sharp selling pressure could see it drop to $4.13.</li>
</ul>
<p style="text-align: justify">Daily price charts for TIA hint at a possible long-term rally. The Parabolic Stop and Reverse (SAR) indicator shows a bullish trend, with points below TIA’s price. This, coupled with a positive Chaikin Money Flow (CMF) of 0.07, suggests continued fund inflow and a positive outlook. If the bullish trend persists, TIA’s price might reach $8.09. Conversely, an unexpected surge in selling pressure could drive the price down to $4.13, hitting an eight-month low.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/tia-investors-bolster-long-positions" data-wpel-link="internal" rel="noopener noreferrer nofollow">TIA Investors Bolster Long Positions</a></h5>

TIA Investors Bolster Long Positions

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Andre artikler publisert på 22. juli 2024

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