Celestia (TIA) Price Prediction: Will TIA See Bullish Trajectory in the Future?

Celestia (TIA) price tumbled over 5% on Monday after pressured trading hurt the coin's trajectory. However, market participants are now wondering

After a difficult trading week, Celestia (TIA) price decreased by over 5% on Monday. However, market participants are now debating whether the present downturn provides a "buy the dip" opportunity before TIA experiences a substantial upsurge in the coming weeks.

TIA Weekly Decline Hints at Extended Slump

The price of Celestia has been decreasing every day for the past week, eventually falling below the crucial support level of $8. At press time, the coin trades at $5.81, down 11.78% from the same time the previous day.

But the question now is whether the price will continue to fall below the crucial support level of $5 in the coming days or whether it will finally pick up steam. A bearish scenario would see the price drop below the $5 mark if buyers are unable to recover from the present downturn.

However, on the other hand, if the price recovers from the demand zone and breaks out of the channel, there is a chance that the price will reverse, which could result in an extension of a bullish trajectory in the upcoming months.

At present, the two key support and resistance prices that investors are looking at are $5 and $8, respectively.

Will TIA See Bullish Trajectory in the Future?

According to current price projections, Celestia is anticipated to trade at $19.15 on July 31, up 225.37% from its present price. But this price can only be reached if it breaks through the $8 resistance level. Other technical indicators show a Fear & Greed Index reading of 53 (Neutral) and a Bearish attitude. Celestia has had 11/30 (37%) green days and 21.82% price volatility over the last 30 days. According to the analysis, there is an overall bearish feeling for Celestia's price prediction, with 5 technical analysis indicators indicating bullish signs and 21 indicating bearish signals.

Celestia's 200-day SMA has dropped over the past month, reaching a value of $12.72. During the same time, Celestia's short-term 50-day SMA is predicted to reach $9.81.

The momentum oscillator known as the Relative Strength Index (RSI) is a widely used indicator that indicates when a cryptocurrency is overbought (above 70) or oversold (below 30). The RSI value for the coin right now is 34.64, indicating a neutral position for the TIA market.

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