Celestia (TIA) collapsed: It could not withstand the sales pressure! - Coinleaks
Current Date:September 21, 2024

Celestia (TIA) collapsed: It could not withstand the sales pressure!

One of the most popular coins of recent times Celestia( TIA) lost nearly 22 percent of its value in just two days, setting off a red alert.

It went on the offensive shortly after being listed on various stock exchanges. TIA , achieved incredible volume and reached three times its price. However, the break of the rising wedge and BTC The downward wicks fired by , almost shook the parity. The popular coin, which started to decline especially as the technical structure turned negative, dropped by 13.77 percent in the last 24 hours. Most A lot losers” has made its name at the top of the list.

Can the decline on the TIA side continue? Or can it take the wind from these levels and launch an attack again?

A new sales wave may be triggered!

TIA, which has been rising breathlessly since its launch, has finally given a correction. The popular coin, which quickly adapted to the increase in BTC, has been losing value since $ 7.40. As of the writing of the news, TIA found buyers at $ 5.71 and will trigger a new sales wave if it falls below $ 5.35. In such a case, a drop to $4.94 can be followed.

A recovery of TIA’s early enthusiasm or a move by BTC towards $40,000 will strengthen the pair. In such a scenario, the target levels are 6.10 – 6.43 – 6.82 and 7.40 dollars respectively. However, not only fundamental-technical analysis but also onchain data will be of critical importance in this process.

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