Convert 10 TIA to USDT today

Celestia (TIA) lost nearly 30% in value due to bearish market conditions, leading to record outflows from holders. Panic selling has been rampant among investors.

Currently priced at 2.62 USD, TIA must hold the support level of 2.53 USD to potentially rebound to 2.99 USD. The Chaikin Money Flow suggests renewed interest from new investors.

Celestia (TIA) could see a substantial rally of 184% to about $9.8 based on market conditions, driven by recent accumulation despite previous sell-offs.

While U.S. Investors sold $591,200 in TIA, others accumulated approximately $9.98 million worth, suggesting a positive trend for the cryptocurrency.

Technical analysis indicates TIA is in a ‘cup and handle’ pattern, needing to exceed the resistance level of $3.25 to target $9.28 in the near future.

Celestia has formed a Death Cross, signaling further downside risks for TIA as it strives for recovery. Despite a partial gain of 12% after an 18% drop, market conditions indicate resistance continues, especially with the current Relative Strength Index falling below 50.

To alter the bearish trajectory, TIA must break the $5.56 resistance while holding above a crucial support level at $5.03. Success in these areas could pave the way for a rally toward $6.27, shifting investor sentiment positively.

Celestia has experienced a sharp 15% drop in price within 24 hours, making it vulnerable to further drops. Key technical indicators include a death cross and a rising Average Directional Index (ADX), highlighting strong bearish momentum. Maintaining support above 4.54 USD is crucial to prevent further downturns.

If Celestia breaks support at 4.54 USD, the price could decline to 4.10 USD. However, recovering and moving above 5.50 USD could signal a potential trend change, indicating a shift in market sentiment from bearish to bullish. Despite the possibility of recovery, current market sentiment remains negative with selling pressure.