Celestia is leading the market today, climbing nearly 6% to reach $1.43. However, while TIA price is up, daily trading volume has dropped by over 20%. That contrast has left many wondering what’s really driving this sudden move.
The key driver appears to be news about a new project launching on the Celestia network. As shared by crypto analyst Philip on X (formerly Twitter), a new prediction market platform called XO Market just secured $500,000 in pre-seed funding. Cyber Fund and Delphi Ventures led the round, and the announcement has drawn fresh attention to TIA.
Adding to the excitement, XO Market’s founder Ali revealed that the platform’s alpha version is set to go live in the coming days. Early users will be able to earn reward points that will carry over to the mainnet, pointing to the possibility of an airdrop.
With that in mind, traders are beginning to shift capital back into Celestia in hopes of benefiting from the early phase of this new development. They are starting to rotate funds back into Celestia, hoping to get in on the action early.
Read Also: Is Cardano About to Explode? $2 ADA Price in Sight if ETF Gets Approved
Rally Report: CELESTIA $TIA on the Rise! 🔥$TIA is up 5% in the past 24 hours – but what’s behind the move?
— philip 🚀💯 (@FaschingPhilip) July 2, 2025
👉 The hype isn’t random:
XO Market, a new prediction market platform built on Celestia, just raised $500,000 in a pre-seed round led by Cyber Fund and Delphi Ventures.… pic.twitter.com/VsIgzVzoim
Celestia Price Action Remains Below Key Technical Barriers
While the token has posted a strong daily gain, technical analysis shows that TIA price remains in a prolonged bearish trend. The price has been in steady decline since reaching highs near $7 to $8 in late 2023. A consistent pattern of lower highs and lower lows confirms that sellers have retained control for several months.
The 50-day simple moving average (SMA) stands at approximately $2.07 and continues to slope downward. TIA has remained below this level since March 2024, showing no signs of a trend reversal. The descending trendline near the $2.30 to $2.50 range also continues to act as resistance.
Furthermore, Celestia price found support between $1.25 and $1.30 and has managed to pull back higher from those levels somewhat. The pullback has occurred on decreasing volume, indicating a potential lack of sustained buying pressure. Price action near $1.43 may be a relief rally in the near term rather than an outright reversal.
RSI levels remain under 50, hovering around 37.62. Although there is a minor bullish divergence, momentum indicators suggest that market strength is still limited. A break above both the 50-day SMA and descending resistance would be required to confirm any shift in market direction for Celestia price.
Read Also: Analyst Says $3 ONDO Price Coming Sooner Than Expected After Key Support Holds
Speculation and Airdrop Narratives Sustain Buying Interest
The combination of a new use case and the potential for early-stage rewards has renewed attention toward Celestia. While trading conditions remain uncertain, the speculation around XO Market and its integration with Celestia is providing short-term support for TIA.
Until the Celestia price can overcome established resistance zones, analysts and traders will be monitoring for further developments that could either support continuation or signal exhaustion in the current move.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
