Celestia Price Alert: Breakout or Bearish Reversal Ahead?

The #Celestia price has exhibited notable price movements in recent trading sessions. Over the past 48 hours, the cryptocurrency has shown both upward and downward momentum. 

The 9 Exponential Moving Average (EMA) indicates a consistent upward trend, crossing from $5.248 to $5.502. This upward movement signals a bullish trend in the short term. Similarly, the 20 EMA shows a rise from $5.244 to $5.374, further corroborating the short-term bullish sentiment. When the 9 EMA is above the 20 EMA, it generally indicates a potential for continued upward movement.

The Moving Average Convergence Divergence (MACD) adds another layer of insight. Initially, the MACD values suggested a bearish trend with negative histograms, indicating downward momentum. However, a shift occurred as the MACD turned positive, and the histogram values became increasingly positive. This suggests a strengthening bullish momentum. Meanwhile, the current MACD histogram at 0.089 signals robust bullishness, pointing towards potential upward price movement.

The Relative Strength Index (RSI) has moved from a bearish 43.9 to a more bullish 60.3. An RSI above 50 typically indicates bullish momentum, while an RSI above 70 suggests overbought conditions. Currently, the RSI is below the overbought threshold, indicating room for further upward movement before reaching potential overbought levels. $TIA #TIA #altcoins #TrendingInvestments The full analysis and trade strategy were originally posted on www.ecoinimist.com.