#CryptoMarketDip
The total cryptocurrency market cap and #Bitcoin $BTC experienced a sharp decline over the last 24 hours as the crypto market responded to shifts in macroeconomic conditions. A sudden rise in the 10-year US Treasury yield, coupled with anticipation surrounding the upcoming #NonFarmPayrollsImpact (NFP) report,significantly impacted market sentiment. 
Among altcoin #Celestia $TIA emerged as the day’s worst performer, leading the downward trend.
Finally, we all hope that this free fall will not last longer...Thank you #Binance for giving me this chance.

Celestia is a new kind of blockchain that aims to fix some of the biggest problems in blockchain technology: making it faster, more secure, and easier to use. It does this by breaking the blockchain into smaller parts, each with a specific job. Its cryptocurrency, TIA, helps the system run smoothly.
What is Celestia?
Celestia is different from other blockchains because it’s designed to be modular. This means it splits up the work of running a blockchain into separate layers:
Data Availability Layer: Stores and shares data for other blockchains.Custom Blockchains: Developers can use Celestia to build their own blockchains instead of starting from scratch.
Think of Celestia as a foundation that makes it easy to build and run secure and efficient blockchains.
How Does Celestia Work?
Celestia has some cool features that make it unique:
Breaking the Blockchain into Parts
Traditional blockchains handle everything in one place, like running apps, storing data, and keeping the system secure. Celestia splits these jobs into separate parts so each one can work better.Data Availability Sampling (DAS)
Normally, to check if data in a blockchain is safe and available, you’d need a lot of power and time. Celestia solves this by letting computers check small pieces of data instead of the whole thing. This makes it faster and less expensive to use.Namespace Merkle Trees (NMTs)
These are like organized folders for data. They let apps find and use only the information they need, making everything faster and more efficient.
What is TIA?
TIA is the cryptocurrency that powers Celestia. Here’s what you can do with it:
Pay Fees: If you want to send data or make a transaction, you pay with TIA.Stake and Earn Rewards: You can lock up your TIA tokens to help secure the network and earn more TIA as a reward.Vote on Decisions: TIA owners can vote on how the Celestia system should grow and improve.
Who Can Use Celestia?
Developers who want to create their own blockchain can use Celestia to make things simpler and cheaper. Instead of building a full blockchain, they can just focus on the parts they care about while letting Celestia handle the rest.
Why is Celestia Important?
Celestia makes blockchains faster, easier to build, and more flexible. This is important because traditional blockchains often struggle to handle lots of users or complex tasks.
With Celestia, people can create their own custom blockchains without worrying about big technical challenges.
Challenges Celestia Faces
While Celestia sounds great, there are other projects like NEAR DA and Avail that are trying to solve similar problems. Celestia will need to keep improving to stay ahead.
Conclusion
Celestia is like a new toolkit for building blockchains. By separating the work into smaller parts, it makes everything faster, more secure, and easier to use. Its cryptocurrency, TIA, helps power the system and rewards those who support the network.
For beginners, Celestia offers a fresh, user-friendly approach to blockchain technology. It’s an exciting project to watch as it grows and competes in the world of blockchain innovation. $TIA #celestia

Celestia (TIA) price has continued its rise since November 10, reaching an all-time high of $17.2 yesterday. TIA is currently moving towards new price targets. However, how much longer can TIA maintain this increase?
TIA Accelerates Its Upward Movement
Since November, the TIA price has continued to trade within a rising parallel channel. The channel’s resistance and support trend lines have been tested multiple times.
Most recently, TIA was rejected by the channel’s resistance trend line (red symbol) on December 16, causing the price to pull back. This led to a downward movement that resulted in a breakout from the channel on December 25.
Subsequently, TIA dropped to $9.36 on January 3. After this decline, the price quickly recovered and re-entered the channel. Following these events, TIA reached an all-time high price level just a few hours ago.

Many cryptocurrency investors and analysts seem optimistic about the future of TIA following the significant price recovery after the low on January 3.
George1trader states that TIA is currently one of the best-looking coins, while it is also mentioned that there is an ongoing price flow from SEI to TIA.
How Long Will TIA’s Rise Last?
Elliott Wave theory is a synthesis of analyzing repeating long-term price patterns and investor psychology to determine the direction of a trend.
The most likely count in Elliott Wave theory indicates that the altcoin has moved into the third wave of a five-wave upward movement (white), with the sub-wave count marked in black. If this counting method is correct, the end of the second wave was on January 3, marked by a wick. This could have initiated a new upward movement in price.
On the other hand, the RSI indicator is increasing and appears to have crossed above 50. Both indicators could be considered signs of a bullish trend in price. Additionally, a hidden bullish divergence, a sign that the trend is continuing, seems to have occurred.

If the upward price movement continues, possibly influenced by BTC, the first target for TIA’s peak could be 43% above the current price, at $22.80. If the upward movement persists, TIA could see a 95% increase, reaching up to $31.
Despite TIA’s bullish outlook, if the price closes below the $14.60 support, the trend could be seen as bearish. In this case, a 40% price drop to the nearest support at $9.40 could occur.
$TIA #tia #celestia

A 15% increase to $15 is indicated by the fact that the Celestia price is now sitting atop the $12.93 support level.
There is a possibility that the profits might reach 38% if TIA is able to reach $17.37 as it crosses the $15 threshold.
Should the daily candlestick close be lower than $10.94, the bullish thesis will be rendered invalid.
At the moment, the price of Celestia (TIA) is held at a significant barrier of $12.93. As a result, the next move might either make or ruin the alternative cryptocurrency. It is important for investors to be aware that a significant correction might be triggered if this support structure were to fracture.
A push to the upward is required for the Celestia price.
Over the course of the past two weeks, the price of Celestia has been fluctuating within the region of $10.94 to $14.92. There are two possible outcomes that might take place while TIA trades around the middle of this range, which is $12.93: either a rebound that leads to an exponential rise or a retreat that leads to a sharp drop.
In the present moment, the Relative Strength Index (RSI) is located at the middle point, which indicates that there is a probability of a bounce occurring. It is also the case that the Awesome Oscillator (AO) moves in the direction of the zero mean level.
A rebound in this area might cause the price of Celestia to reach the range high of $14.92, which is about $15.00. TIA might reach the 161.8% Fibonacci Retracement level of $17.37 if this barrier were to be converted into a support level (also known as a support level).

A pullback to the range low of $10.94 might be triggered, on the other hand, if the Celestia price is rejected at the price of $12.93. A daily candlestick close that is lower than $10.94 will result in a lower low and provide evidence that the bullish thesis is not genuine.
It is possible that the price of Celestia would drop by 13% and reach the crucial support level of $9.52 in such a scenario.
#tia #celestia $TIA