Celestia (TIA) is giving signals of rise.

Celestia (TIA), which recently had an unlocking, may enter a potential uptrend according to technical analysis.

On October 31, 175 million TIA, corresponding to $ 1 billion, was unlocked. TIA, which decreased by 7 percent with the unlocking in question, has been showing signs of recovery in recent days.

TIA's breaking of the falling wedge formation on the four-hour price chart attracted attention. AMBCrypto interpreted the breaking of the falling wedge formation as an upward reversal signal.

In a prepared chart analysis, an upward expectation was expressed for Celestia ($TIA ).

Despite the decline it has experienced in recent days, the TIA price has approached an important resistance zone. TIA, which is trading in the $ 4.5 region, gave a bullish signal in technical indicators.

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AMBCrypto used the following expressions in the analysis;

“In particular, if the resistance level at $4.92 is broken, the price may rise to $5.43. Breaking this resistance level could attract more investors and trigger a major rally.”

TIA has also started to attract attention on social media platforms. According to the latest data, the token’s social dominance rate has increased to 0.205 percent. The increase in these mentions can usually lead to high trading volume and investor enthusiasm. The analysis, which evaluates social metrics, stated that “It can rise with this metric.”

According to the chart analysis published by AMBCrypto, the TIA price may make a significant upward movement in the short term. The analysis stated that TIA should break the resistance at $5.43. If TIA remains above this level, it may settle in the range of $6.20 to $6.5.

The analysis noted the following;

“If the $6.20 to $6.5 zone is breached, a larger rally could begin and TIA could attract the attention of a broad range of investors.”

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