Celestia (TIA) Price Ready for Next Leg Up Following Price Breakout: Analyst Shares Next Profit Target 

2024-9-18 18:30

The price of Celestia’s TIA has broken out of a descending trendline and retested the level yesterday. The price now looks ready for a major price spike and a change in trend (bullish reversal). 

This has also caught the attention of some analysts, like CryptoMojo_TA on X. CryptoMojo_TA shared his perspective on Celestia’s TIA price. The analysis suggests that the price is creating a potentially profitable long position. He observes that TIA’s price action follows a pattern, which is a bullish reversal signal.

TIA price broke below the upper trend line of the bullish pattern, and this could be a promising sign for more upward movement.

The analyst recommended taking a long position at the current price, which is around $5.20. A pullback below this level should be seen as an opportunity to accumulate more tokens; so far, it is not yet below the $4.8 range, which is where a trend-line retest could happen.

Read Also: Chainlink Consolidates Below Key Resistance: LINK Price Rally Incoming?

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The analyst pointed to the potential price targets for TIA, and he is looking at a target between $6.20 and $12.50. A dip below $4.6 invalidates the setup.

The advice is not to use more than 3x to 5x leverage, depending on individual tolerance, considering the fact that the crypto market is volatile.

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The post Celestia (TIA) Price Ready for Next Leg Up Following Price Breakout: Analyst Shares Next Profit Target  appeared first on CaptainAltcoin.

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price celestia tia ready retested level yesterday

Источник: captainaltcoin.com

price celestia → Результатов: 52


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Фото:

High Volume Gainers: Ordinals and Celestia surge as investors eye innovation in digital assets

Price movements among high-volume tokens over the past 24 hours have seen several tokens outperform Bitcoin and Ethereum, which saw a 0. 45% loss and 0. 05% gain, respectively, by some margin. Leading the pack with remarkable gains, Ordinals (ORDI) and Celestia (TIA) have showcased impressive surges, highlighting the ever-evolving landscape of digital assets.

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