Celestia (TIA) Faces Selling Pressure as 80.77% of Circulating Supply Set to Unlock
In 10 days, modular blockchain project Celestia (TIA) will release 80.77% of its circulating supply, valued at $1.05 billion.
Modular blockchain project Celestia (TIA) will release 80.77% of its circulating supply in 10 days, an event that is valued at $1.05 billion.
This impending token release has sparked concerns about potential selling pressure, which could affect TIA’s price.
BeInCrypto explores how the altcoin, which has experienced volatile price swings in recent days, might perform before the event.
Celestia Faces Selling Pressure as Huge Token Unlock Approaches
For Celestia, this upcoming token release represents one of the largest since the project’s inception. As a result, TIA’s price is expected to face significant volatility in the lead-up to the event.
Currently, Celestia’s price is $5.95 and has been hovering around that same region for some time. However, based on the signal from the Chaikin Money Flow (CMF), the altcoin might drop below $5.
The CMF is a volume-weighted oscillator that tracks the flow of money into or out of a cryptocurrency over a set period. It’s commonly used to identify trends, spot potential reversals, and gauge overbought or oversold conditions.
Furthermore, the indicator oscillates above and below zero, with positive readings indicating an uptrend and negative readings indicating a downtrend. As seen below, the CMF reading is in thhe negative region, suggesting that TIA’s price might soon experience a significant downturn.
TIA Price Prediction: Bears to Put It Below $4
From a technical perspective, the TIA/USD chart shows the formation of a head and shoulders pattern. This pattern is a chart formation that signals a potential bullish-to-bearish trend reversal in a cryptocurrency’s price.
Typically, when an asset’s price drops below the neckline of the pattern, a significant correction appears. On the other hand, a rise above the neckline invalidates this prediction. Based on the chart below, Celestai’s price looks likely to drop below the neckline at $4.73.
If that happens, the token’s value could sink to $3.87. However, if bulls defend the token from declining below $4.73, the drawdown might not happen.
In that case, TIA could surge to $7.30, and after the supply shock, the altcoin might rise to $10.40 if buying pressure increases.
The above is the detailed content of Celestia (TIA) Faces Selling Pressure as 80.77% of Circulating Supply Set to Unlock. For more information, please follow other related articles on the PHP Chinese website!

The decision was made in part because a “path to profitability” was unrealistic, Gitcoin co-founder Kevin Owocki said in a statement.

The XRP price has stabilized at $2.13, with a 24-hour trading volume of $2.33 billion. However, its momentum has slowed, leaving investors seeking the next top crypto pick.

Investor and CEO Cathie Wood's ARK Invest firm projects that Bitcoin could reach $1.5 million per coin by 2030

"For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question"

As the US President Donald Trump announced a 90-day delay for the tariffs on cryptocurrency imports, speculators and investors began to outline potential risks to the broader cryptocurrency market.

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

This coin is highly prized by collectors if it features a specific design.

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),

SublimeText3 Linux new version
SublimeText3 Linux latest version

VSCode Windows 64-bit Download
A free and powerful IDE editor launched by Microsoft

SAP NetWeaver Server Adapter for Eclipse
Integrate Eclipse with SAP NetWeaver application server.

Safe Exam Browser
Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.
