Is It Too Late to Buy Celestia? TIA Price Hits a New All Time High as Novel Meme Coin Goes Viral
Celestia (TIA) has seen impressive growth since its launch on the Osmosis platform on October 31, 2023. Though the cryptocurrency started off modestly, TIA’s price has shown a volatile yet upward trajectory over time. Despite fluctuations inherent to the dynamic crypto market, TIA has managed to increase its valuation multiples over the past months.
The cryptocurrency now boasts a huge market capitalization and has become actively traded across over 100 exchanges. Backed by solid market demand, significant trading volumes, and a dedicated community, Celestia’s performance has exceeded expectations thus far.
The price of TIA has seen a major upswing today, jumping over 28% yesterday to break out of a 3-week long period of stability and hit a new all-time peak of $17.2987.
TIA has pulled back from its high point and is currently trading at $15.63, up 0.39%% so far today, however. As the TIA price continues testing important support markers, technical indicators are mixed on where this new uptrend might be heading next.
The 20-day moving average for TIA is $15.5125 while the 50-day moving average is $12.8120. The positive alignment between these short and long-term moving averages has persisted for weeks now, confirming the momentum of gains in the cryptocurrency.
Nevertheless, TIA’s inability to stay above the mentally important $16 level has put its breakout into uncertainty.
The RSI for TIA has moderated from yesterday’s 65.39 to 64.73, coming off the overbought area. This implies the exhaustion of buyers at current levels, although values above 50 still indicate overall bullish control.
The MACD histogram has turned positive at 0.0521, a change from yesterday’s -0.0643 reading, highlighting improving short-term momentum that
Read more on cryptonews.com
