🔥🔥🔥 #celestia : Market Dip Leaves $TIA Investors 16% In The Red
Celestia Faces Short-Term Decline but Long-Term Recovery Possible
Market Downturn:
- Celestia's native token, TIA, has fallen over 18% in the past week amid a broader 3% market decline. The bearish trend is pressuring bulls as prices continue to drop.
Innovation Amid Decline:
- Celestia remains active in innovation, which could aid in a long-term recovery. Key developments include Zaar’s integration of SudoSwap, an #NFT AMM protocol, on its #blockchain. This integration could boost Celestia's market position if NFT interest revives.
Current Price Action:
- TIA is trading between $4.8 and $5.9, providing a potential base for a recovery. Investors should focus on accumulation as TIA's movement is influenced by overall market sentiment.
Future Outlook:
- If bullish sentiment persists, TIA could break the $5.8 resistance and potentially reach $6.3. Patience and continued support for Celestia’s developments are crucial for this potential upward movement.
Source - newsbtc.com
