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The Celestia token has once again appeared on today’s daily crypto movers list. This is due to the price of this token surging by an additional 7.80%, continuing the previous session’s upward retracement. However, price action remains below key technical landmarks, warranting a more critical examination.
Celestia Statistics
TIA Current Price: $3.410
Market Capitalization: $1.86B
Circulating Supply: 557.75M
Total Supply: 1.1B
CoinMarketCap Rank: 44
Key Price Levels
Resistance: $3.500, $4.000, $4.500
Support: $3.000, $2.500, $2.000
Celestia Bulls Maintain Composure as They Face a Critical Test
As previously noted, the TIA market has edged higher for the second consecutive session. Although this may still be a short-term movement, the characteristics of the last price candle on the charts raise some critical concerns.
The most recent price candle brings the market closer to a convergence of the 20-day and 50-day Moving Average (MA) lines. Nevertheless, the price candle does not appear to have encountered significant compressive force due to the convergence.
Similarly, the Stochastic Relative Strength Index (RSI) lines continue to rise steadily out of the oversold region, reinforcing the notion that upside forces remain strong. This suggests the market may push higher despite growing resistance.
TIA Prepares to Breach the $3.500 Price Level
Meanwhile, price action in the Celestia 4-hour market has been advancing upward for eight consecutive sessions without a break. Additionally, the last price candle on the chart continues moving steadily upward without experiencing noticeable compression from above. This indicates that price action is not facing significant headwinds, allowing bullish forces to dominate.
At the same time, the Stochastic RSI lines remain in the overbought region, with the indicator lines appearing ready to move sideways at the 100 mark. Price action is now hovering above nearly all MA lines on the chart. If the market breaches the $3.500 price level, buyers may attempt to push toward the $4.000 mark.
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