Celestia: Will rising Ethereum blob fees boost TIA? Crypto VC weighs in
Celestia's token inflation was expected to rise in 2025 and could impact prices.
Keep up with what's happening in the crypto world in real-time.
Celestia's token inflation was expected to rise in 2025 and could impact prices.
Story Highlights The Celestia price retests its 6-month high. Rising bullish sentiment hints at a potential Golden Cross in the daily time frame. The sustained positive influence could push the price toward its $10 mark.
Celestia (TIA) has gained significant attention in the cryptocurrency market following a decisive move above the $7.34 resistance level. This upward shift, accompanied by a 16.28% price increase and trading volume surging 152% to $1.28 billion, marks a turning point for the token.
Celestia (TIA) appears ready for the much-awaited altcoin season with decisive moves. The altcoin witnessed some consolidations after its 30 October token unlock, which saw it releasing coins worth over $1 billion. Nonetheless, the 50% weekly jump propelled TIA's price beyond a descending channel and the $7.34 resistance zone.
TIA's bullish breakout has sparked market enthusiasm, with metrics pointing toward sustained growth.
Celestia (TIA), one of the leading IBC blockchains, has recently experienced a sharp decline in market value despite seeing significant growth in its active user base. While the blockchain's user activity has increased, the overall market sentiment surrounding TIA remains largely negative.
TIA's downward trajectory is becoming increasingly evident.
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.