Is Celestia Preparing for a Dive After Reaching New Heights in the Airdrop Hype?💥
As of now, Celestia trades at $18.32 per share, slightly down by 0.15% from its 24-hour peak.
The recent peak of $21.17, attained by TIA price on February 10, reflects its impressive performance.
Currently, TIA price experiences a -13.87% dip, aiming to test the 20-day moving average (20DMA) support level following a minor pullback.
TIA Price Analysis: Will TIA Explore New Price Levels Amidst Celestia Airdrop Retreat or Will It Plummet?
Retesting the 20DMA (now at $18.28) offers a critical opportunity for consolidation, given its vital support during TIA's rally.
With a nearby support level at $17.28, a significant retracement seems less probable from current levels.
Moreover, the RSI has cooled off from overbought levels with a reading of 52.35, suggesting potential for further upward movement.
The MACD indicates minimal momentum at -0.1308, accompanied by subdued negative sentiment.
Recent TIA price research suggests a healthy consolidation and retracement post-new all-time high, positioning Celestia airdrop for potential further gains.
TIA Price Analysis: Will Celestia Airdrop's Retreat Spark TIA's Exploration of New Heights or Result in a Plunge?
The immediate upside target for TIA stands at the recent all-time high of $21.17, potentially indicating a +15.28% increase.
However, strong support at $17.28 may limit downside risk to 5.91%.
Hence, sidelined investors may view Celestia as an entry opportunity, with a short-term risk:reward ratio of 2.59.
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