Is Celestia Set for a Breakout? Analyst Predicts a 40% Price Pump for TIA: Here’s His Outlook
Celestia’s native token TIA shows signs of an impending price surge, according to an analysis by crypto market observer Crypto_Jobs TA & FA. The crypto, trading at $5.52, has experienced a 6.01% increase in the last day and a 5.13% rise over the past week.
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Celestia Analysis Points to Bullish Trend
Crypto_Jobs TA & FA highlighted several bullish indicators for TIA in their recent tweet. The analyst noted a “nice double bottom weekly” pattern, suggesting a potential reversal of the previous downtrend.
Additionally, they observed that the price is consolidating well above the critical $4,500 support level.
“$TIA – The price is set for a huge breakout,” the analyst stated, emphasizing the formation of a bullish pattern. They further described Celestia as a “sleeping giant” with the potential to lead the modular blockchain sector.
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Show more +Price Targets and Resistance Levels
The analyst provided a series of resistance levels for TIA, indicating potential hurdles as the price climbs. These levels include $5.60, $5.80, $6.30, $6.53, $6.80, $7.30, $8.00, and $8.20.
Notably, Crypto_Jobs TA & FA predicted a possible revisit to the $8 zone within weeks or even days.
“I think the price could revisit the $8 zone in a few weeks / days. (40% pump incoming??)” the analyst speculated. This projection suggests an upside potential from the current price levels.
Per CoinGecko data, Celestia’s daily trading volume stands at $90,886,397. This substantial trading activity indicates strong market interest in the token. The price increases across both daily and weekly timeframes further support the bullish sentiment surrounding TIA.
Read also: Investing in XRP Is ‘Super Attractive” Right Now – Major Ripple News
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