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Celestia (TIA) has recently become one of the standout performers in the altcoin market, capturing the attention of investors and analysts alike. With a significant upward trajectory over the past week, TIA's price has seen a steady increase of over 22%, despite a minor setback of 3.45% in the last 24 hours.
TIA could reach $11.96 if it breaks through a critical resistance level, analysts suggest.
Will this week's multi-million token unlocks spell trouble or opportunity for Celestia, Aptos & Solana custodians?
Celestia's TIA (a digital asset that's caught the attention of many investors recently) has been showing signs of a comeback after a tough month of losses. However, even as some market indicators point to positive movement, a rising trend of profit-taking by traders could threaten TIA's rally, creating uncertainty about its future price trajectory.
Celestia (TIA) has reached its highest exchange outflow this month as its value surged by 10% in the last 24 hours. This significant outflow implies that TIA holders are optimistic, possibly viewing the recent hike as the start of an extended rally.
TIA is yet to receive the go-ahead from market participants despite bullish insights.
Celestia's TIA token has recently encountered a significant downturn, sliding over 15% in value over the past week. The token is currently priced at $4.23, hovering close to its year-to-date low of $3.72, initially reached in early September.
Is the current stream of Celestia's cliff & linear unlocks to blame for the extended TIA losing streak in recent weeks?
TIA, the native token of the modular blockchain network Celestia, has extended its downtrend, losing over 15% of its value in the past week. Currently, the altcoin is trading at $4.23, hovering near its year-to-date low of $3.72.
Celestia (TIA has seen bear dominance over the past seven days, plummeting from Tuesday's $5.3908 to $4.3291 on Sunday. While the significant plunge saw the altcoin losing all its September gains, TIA signals robust recoveries. Safeguarding the reliable support at $4.12 would support significant bounce-backs to the $5.23 mark.
TIA experienced a breakout from a falling wedge pattern, a technical indicator often associated with bullish reversals. As social interest around TIA surges, many analysts are speculating that this altcoin could be on the verge of a significant rally.
Celestia's (TIA) price has decreased by approximately 27% since October 25. During that period, the altcoin fell from $6.16 to $4.50, erasing all the gains TIA had in September.
TIA's recent breakout and rising social interest could have interesting implications for the altcoin.
Celestia's impending token unlock of over $1 billion in TIA has become a focal point for investors. Recent analyses indicate that the market may experience a milder impact than initially feared, potentially setting the stage for renewed interest in TIA.
The cryptocurrency market is experiencing a noticeable dip. Investors are feeling a bit uneasy as the total market cap struggles to break past the $2.40 trillion mark.
Celestia (TIA) is generating buzz in the crypto community as analysts warn of a potential supply shock following a significant token unlock scheduled for October 31, 2024. Insights from Taran Sabharwal, CEO of Stix—an over-the-counter (OTC) trading platform—suggest that the market may be underestimating the impact of this event on TIA's price trajectory heading into November.
TIA has defied expectations following the Celestia token unlock event, which saw the release of tokens worth $890 million earlier this week.
The cryptocurrency market has experienced a major hit this week, with top tokens recording a significant correction in their respective valuations. Moreover, the BTC price has recorded a low of $68,779, indicating rising uncertainty in the crypto space.
The crypto markets are gearing up and heading towards the monthly close, which may keep up the ‘Uptober' vibes. While the Bitcoin price is just a few inches away from the highs, the market participants have become more optimistic over the next price action.
TIA's price has slumped over the past 24 hours, following Celestia's 176 million token unlock on Wednesday.
Celestia (TIA) approaches a crucial token unlock event, the cryptocurrency is bracing for potential volatility that could reshape its market trajectory. Scheduled for October 30, this unlock will release a substantial 175 million TIA tokens into circulation, creating both opportunities and challenges for traders and investors alike.
In an analysis shared on X, Taran Sabharwal, CEO of Stix—a leading OTC trading platform specializing in liquidity solutions for private crypto transactions—provided insights into the upcoming unlock dynamics of the Celestia (TIA) token scheduled for October 31, 2024. His assessment suggests that the market may be underestimating the potential impact on TIA's price action heading into November.
Will TIA see renewed interest amid potential milder impact from its token unlocks?
Modular blockchain network Celestia has begun a large unlock of its native token, TIA, valued at roughly $890 million at current prices. At time of writing, TIA is down nearly 20% in the last week, and is 77% down from its all-time high as the unlock takes place.
