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50-Day Moving Average (MA):Â Celestia is trading around $5.29, with the 50-day MA slightly above this level, reflecting a neutral market sentiment. The price needs to stay above $5.30 to signal short-term bullish momentum.
200-Day Moving Average (MA):Â The 200-day MA stands around $4.87, reinforcing a long-term bullish outlook if the price continues holding above this level.
Relative Strength Index (RSI):Â The RSI is around 55, suggesting a neutral to slightly bullish market condition, leaving room for further growth without being overbought.
MACD (Moving Average Convergence Divergence):Â The MACD shows a potential crossover indicating mild upward momentum if the price can break resistance at $5.60.
Bollinger Bands:Â The price is nearing the upper Bollinger Band, around $5.58, signaling a potential increase in volatility. A breakout could see prices pushing towards $6.00 or higher by the end of 2024.
Overall, indicators suggest cautious optimism for Celestia, with resistance near $5.60 and support around $5.00â