Prominent analyst Hasan expressed optimism regarding Celestia’s (TIA) price bullish trajectory on X, emphasizing the potential for double-digit price levels after breaking key resistance levels. Hasan’s insights, supported by technical analysis, highlight critical milestones and the token’s promising price movements.
Celestia (TIA) Price Chart Analysis
The 3-day chart of TIA indicates a critical breakout above the $7.03 resistance level, now acting as support. This level previously served as a significant hurdle during TIA’s consolidation phase between July and November. The breakout suggests a potential trend reversal, aligning with bullish market expectations.
Furthermore, the chart features a 200-period moving average, with TIA’s price moving decisively above it. This development strengthens the bullish outlook, as breaking this indicator often signals the beginning of an upward trend. Fibonacci extensions project the next resistance zones at $11.07, $12.62, and $14.50, highlighting the likelihood of double-digit prices.
Image Source: X/Hassan Support and Resistance Levels Define TIA’s Path
The chart analysis shows well-defined support levels at $5.07, $6.28, and $6.91, zones that have historically witnessed buyer interest. The breakout above $7.03, coupled with robust Fibonacci resistance targets, presents a clear roadmap for TIA’s price trajectory.
In case of a retest, $7.03 could provide a strong foundation for further bullish continuation. Conversely, a sustained drop below $6.91 might invalidate the current bullish scenario, signaling a return to the prior range.
Read Also: Trader Makes Urgent XRP Price Prediction – ‘Nothing Will Stop’ Ripple’s Token to $3.84
In his tweet, Hasan stated, “Flipped Key Level Double Digits Next Any Dips are buying for me .” This reflects confidence in TIA’s bullish momentum and a buy-the-dip approach. Hasan’s strategy focuses on accumulating positions if the price pulls back to retest key support levels such as $7.03 or $6.91. This cautious yet optimistic approach highlights the importance of these levels for traders and investors aiming to capitalize on future gains.
Potential Scenarios for TIA’s Future
If the bullish breakout holds, TIA’s price could target $11.07 soon, followed by $12.62 and $14.50 in subsequent moves. However, traders should remain cautious, monitoring for pullbacks to support levels that might offer re-entry opportunities.
With strong technical indicators and growing market optimism, TIA is positioned as a token to watch closely in the coming months.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
The post This Analyst Predicts Double Digits Are Imminent for Celestia (TIA) Price – Here’s Why appeared first on CaptainAltcoin.