Celestia Price Prediction: Analyst Predicts TIA Could Double in Price If This Happens!

TIA is gaining traction, with its price rising by 17.29% and trading at $3.47 at the time of publication.

Celestia (TIA) is showing signs of recovery, with its price rising by 17.29% and trading at $3.47 at the time of writing. Trading volume has also increased by 8.88%, indicating growing interest in the cryptocurrency.

Elite analysts Sjuul and World of Charts have shared insights into TIA’s price action on X, highlighting potential resistance levels and the conditions needed for further upward movement.

Sjuul noted the effectiveness of a trendline acting as resistance, despite referring to it as a “meme trendline.” The price has been respecting this descending trendline, facing multiple rejections. His analysis suggests that for TIA’s price to maintain upward momentum, it must reclaim a key support zone, represented by a green box on the chart. If the price fails to do so, bearish pressure may persist.

Surprisingly enough, this meme trend line seems to be working on $TIA.But the real obstacle is to reclaim that support zone, the green box exactly! pic.twitter.com/4wyb1vZRhz

— Sjuul (@sjuul_) August 10, 2023

Moreover, World Of Charts presented a separate analysis, identifying a breakout from a long-term descending trendline. According to this perspective, Celestia’s price has successfully retested this trendline, confirming a shift in momentum. The analyst anticipates a recovery toward the upper boundary of the descending channel, estimating a potential move toward $6.

Celestia Support and Resistance Levels to Watch

The price of TIA has been moving down for a while, making consistently lower peaks and valleys on the chart. It just bounced off the bottom of this downward pattern, which shows buyers might be stepping in.

But there’s still a roadblock around $6, which lines up with the top of the downtrend. If the price can push above the downtrend line, we could see more upward movement.

If it gets rejected there, it might just keep moving sideways or drift lower within the pattern.

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TIA Market Outlook and Potential Price Movement

We’ve already seen a breakout and retest, so now everyone’s watching that $6 mark closely. Breaking above this could mean the long downtrend is finally ending, which might lead to bigger gains.

However, if support breaks down, sellers could take control again and push prices lower.

Traders are now eagerly anticipating whether TIA’s price can sustain its upward trajectory or if it will encounter resistance at these significant price levels.

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