Celestia crypto rallies 15% in 24 hours to $7

Celestia [TIA] was one of the surprise gainers of the last 24 hours. According to CoinMarketCap, the price of Celestia crypto increased by 15.2% as the price jumped from $6.42 to $7.39. While the price had turned back to $6.83 at press time, AMBCrypto found reasons for the hike. Before the jump, TIA had hit its lowest price in eight months and was down almost 80% from its All-Time High (ATH).

At press time, Celestia was back below the indicator, suggesting that bulls’ strength had become weak. If this remains the case, Celestial crypto price might decrease to $6.44. However, the Awesome Oscillator (AO), which measures momentum, was positive The positive reading of the AO indicates that increasing upward momentum for TIA.

If sustained, the value of the cryptocurrency might continue to rise, and a target of $8.09 might be attainable. But if this does not play out, the decline to $6.44 might be the next move. In the meantime, AMBCrypto looked at the sentiment around the project. At press time, Santiment showed that the Weighted Sentiment had jumped to 2.745. Just two days ago, the reading languished in the negative region.

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