Celestia’s (TIA) price appears ready for the much-awaited big rally. The cryptocurrency has recently broken above a critical consolidation range, signaling the potential for further upward movement.
Celestia’s price hovers at $8.23 after hitting a daily high and low at $8.4091 and $7.5129. According to some analysts, this breakout could herald a new bullish phase for TIA price, with targets set well above current levels.
This has gotten the attention of some crypto analysts, CryptoAmsterdam and Scofield, who have many followers on the X platform. They posted an analysis that focuses on the TIA/USDT pair on Binance using a daily (1D) timeframe.
The Scofield chart shows bullish momentum with the price breaking above a diagonal resistance at $8.091. Price action forms higher highs and higher lows, confirming an uptrend.
TIA Price Breakout Targets $22–$24 if $12 Resistance Holds
CryptoAmsterdam chart gave a broader analysis, revealing a rounded bottom formation, often seen as a bullish reversal pattern, indicating a shift in momentum.
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The formation suggests that the price is setting up for a bullish reversal after a prolonged downward trend. This pattern is a positive sign for investors looking for recovery.
A blue rectangular area on the chart illustrates a significant period of consolidation. The recent breakout from this range signals a strong potential for upward momentum.
Following the recent breakout, analysts suggest that the TIA price can spike to around $14. If it breaks the resistance at this level, then it could see a substantial rise toward the $22–$24 target zone.
The key levels to watch include resistance at $14, a critical point that needs to be cleared for a sustained bullish trend. The technical indicators suggest that Celestia’s (TIA) price is at an inflection point. If the price can maintain its position above the current support, it is deemed poised for higher levels, with a bullish target extending to around $20 to $24.