In the last two days when the crypto market experienced a decline, Celestia’s (TIA) rise of up to 20 percent attracted attention.
Bitcoin’s (BTC) mobility, which tested its support points, also affected altcoins. BTC fell below $35,000 multiple times and rose back to $36,000. As a result of this price movement, profit sales began in altcoins that had been trending upward for months. Many altcoins dropped between 10 and 50 percent.
TIA attracted attention, especially in the crypto market, where the decline has been intensified in the last two days. TIA separated from the market and rose nearly 20 percent in two days.
The ropes are in his hands: Celestia (TIA) does not stop!
Celestia (TIA), one of the new projects of the crypto market, differentiated itself from the downward trending market. TIA is up 20 percent while the crypto market has been declining for the past two days.
TIA, which started the bullish scenario on November 10 and rose from $ 2.40 to $ 7.20, maintains its trend. TIA price has been fluctuating between $5.70 and $7 during the week when the crypto market was turbulent. These days, even cryptocurrencies such as LINK, AVAX and SOL are under selling pressure, and TIA buyers are increasing.
Looking at the TIA chart, the price seems to be moving steadily. TIA has come to the fore these days when the crypto market is experiencing anxiety about a possible decline. TIA achieved a volume of $520 million in spot transactions in the last 24 hours. In Binance’s futures transactions, TIA’s 24-hour volume exceeded $1 billion. TIA, which attracted attention, managed to maintain its upward trend.
The popular cryptocurrency, which was traded at $ 2.40 on November 10, attracted attention by exceeding $ 6 just 8 days later. TIA may maintain its trend as long as it sustains above the $6.40 support. If the rise continues, the $ 7.05 resistance may be tested again. TIA, which previously could not remain permanently above the $ 7.05 resistance, may break this time if it rises with positive market conditions. If TIA breaks $7.05, it will reveal the new highest price level. TIA’s highest price point is $7.13. Breaking the $7.05 resistance could see TIA price rise to $7.5.
On the other hand, TIA may not be able to withstand market conditions any longer and may decline. The concentration of sellers may also push the TIA price to the nearest support point. TIA may pull back to the nearest support point at $6.40. If this support is broken, the price may drop to $5.98 in a short time. The $5.98 support stands out as one of the intermediate supports that ensures TIA remains in the trend. If this support point is also lost, TIA could decline to the major support level at $5.48. If the trend breaks down, TIA may drop to $4.24 with a sharp decline. As seen in the chart, TIA strongly maintains its structure before an important breakout.