Bitcoin

Rise

Celestia

<p>The post <a href="https://coinpedia.org/price-analysis/these-altcoins-aim-to-recover-50-of-their-losses-this-month-after-initiating-a-20-rise/" rel="noopener noreferrer nofollow">These Altcoins Aim to Recover 50% of Their Losses This Month After Initiating a 20% Rise&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Although the <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin price</a> has displayed some weakness in the recent past, the values appear to have stabilised within a range. This has also impacted the second-largest token, Ethereum, which has managed to hold above $3000 as bears remain passive.&nbsp;</p>
<p>As the ETH price displays strength, the Ethereum-based tokens and some of the other altcoins like Celestia (TIA) &amp; Sei (SEI) show huge potential to remain elevated throughout the week. Moreover, if they succeed in closing the weekly trade on a bullish note, the end of the month may witness a huge price action.&nbsp;</p>
<h2 class="wp-block-heading" id="h-celestia-tia-price-analysis">Celestia (TIA) Price Analysis</h2>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeCa2fIvQaSNa2XYrRNIWLesnrnk8pKR-fBjpTPclFgl2r8xPQ3C25J44f5AsuBDQ6YamN0D0WYNiHBXYQ88oWQCeHr_7fDnzqqRejVMbcEprDoIO8vzsXrn4yT9CuQ-V_2x3xaz20IT_9fxLQLB0M029cl?key=QDZO8NZ68fOb78K77429KQ" alt="">
</figure>
<ul>
 <li>After bottoming out hard, the TIA price has triggered a rebound after fighting the bearish activity&nbsp;</li>
</ul>
<ul>
 <li>The token is not expected to print huge bullish candles hereafter but maintain an ascending consolidation</li>
</ul>
<ul>
 <li>The DMI suggests a trend reversal which has been initiated could be intensified as the +Di &amp; -Di are due for a bullish crossover but the ADX is close to initiating a plunge</li>
</ul>
<ul>
 <li>The volume has risen, indicating growing trading activity, which may keep up the volatility</li>
</ul>
<ul>
 <li>Therefore, the TIA price is expected to maintain an ascending consolidation to rise above the double-digit figure and reach the upper resistance at $11</li>
</ul>
<h3 class="wp-block-heading" id="h-sei-sei-price-analysis">Sei (SEI) Price Analysis</h3>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdg1qV49GRmYF43eZnDHC4W8Jz2UVn1Ilhbzwa883b2JdaXql55SXA0_gC5me18a4G1oTi6-s5lfJTCPlLUSwgGnntuXfVQ1dUt991YcXnBCnr7-p5FM_w1luocdJ0BNB1emBy-3ybXZUGeNqOVPaSOloq2?key=QDZO8NZ68fOb78K77429KQ" alt="">
</figure>
<ul>
 <li>The SEI price has triggered a strong rebound after hitting the lower support of the falling wedge</li>
</ul>
<ul>
 <li>The RSI is about to rise above the descending trend line, which has been acting as a strong support since the beginning of the year</li>
</ul>
<ul>
 <li>This suggests the price could keep up a strong elevated trend and reach the upper resistance zone between $0.43 and $0.45</li>
</ul>
<ul>
 <li>The token may face a minor pullback and remain consolidated for a while, followed by a bullish breakout towards the upper initial target close to $0.6, surpassing $0.58.&nbsp;</li>
</ul>

These Altcoins Aim to Recover 50% of Their Losses This Month After Initiating a 20% Rise

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