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Cryptocurrency News Articles
Celestia (TIA) Price Struggles to Gain Momentum – Analyst Warns of Possible Downside Ahead
Feb 23, 2025 at 07:00 pm
TIA's price has encountered resistance at $3.80, raising concerns among traders about its ability to maintain upward momentum.
Celestia (TIA) has been struggling to gain momentum as its price faces resistance at $3.80. This has led some traders to express concerns about its ability to maintain upward price movements.
According to crypto expert Ali, who shared the analysis on Twitter, TIA could be headed for a potential decline toward $1.60 if it fails to break above this resistance level.
Looking at the daily chart, TIA has been trending down since hitting $9.00 in December. The price has tried to recover several times but hasn’t managed to break the pattern. The price recently bounced from under $3.00 but got rejected at $3.80, showing that sellers are still in control at this level.
Celestia Support and Resistance Levels Define Next Moves
Technical analysis of the chart highlights key price levels that may influence future movements. The main resistance is at $3.80, with more selling pressure likely between $4.50 and $5.00, where the price previously consolidated.
Support sits at $2.90, where buyers recently stepped in. If Celstia’s price drops below this, we could see moves down to $2.50, then $1.90, and possibly $1.60. The chart’s projection suggests a break under $2.90 could speed up the decline to these levels.
Analyst Highlights Bearish Scenarios for TIA
Ali’s tweet reinforces the bearish outlook, with the rejection at $3.80 serving as a key technical signal. If buyers are unable to reclaim this level, the likelihood of a continued downturn increases.
Historical price movements suggest that a failure to break resistance often results in retests of lower support zones. The possibility of a decline toward $1.60 aligns with previous price structures, where TIA found demand at lower levels.
Market participants are watching whether buyers can defend current support levels or if the selling pressure will persist.
TIA Market Outlook and Potential Scenarios
While a break above $3.80 could push TIA toward $4.50-$5.00, the overall trend points down unless we see a clear breakout.
On the downside, continued rejection could lead to further declines, with $2.90 acting as an immediate test level. If breached, $2.50 and lower levels could come into play. The broader market sentiment and trading volume will likely influence TIA’s price next move in the coming sessions.
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