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BossLady

06/18 01:58

Celestia price prediction: Why TIA’s bounce above

#World Cup Predictions: 100,000 USDT Daily #BTC Prophet: 20-Day 380 Million HTX Challenge #HTXCommunity4thAnniversary Celestia price prediction: Why TIA’s bounce above $0.40 may invite profit‑takingCelestia [$TIA] was one of the handful of tokens in the crypto market that posted noticeable gains in the past 24 hours. The altcoin was up 5.2% with a 30% increase in trading volume, but its long-term trend was not bullish. As we shall explore soon, the token has been in a higher timeframe downtrend since April 2024. Any rally, even sizeable ones, has only operated within this downtrend and served as a relief rally. Steady token unlocks and a shift in narrative towards AI and RWAs, as well as a lack of sustainable adoption, were likely the biggest reasons why Celestia was undergoing a prolonged downturn. Though the Open Interest boost of 11.3% in 24 hours indicated speculative inflows, the wider market pessimism is likely to send $TIA lower once more.
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