{"id":647526,"date":"2024-10-12T03:00:46","date_gmt":"2024-10-12T03:00:46","guid":{"rendered":"https:\/\/uniquehot.com\/?p=647526"},"modified":"2024-10-11T17:14:03","modified_gmt":"2024-10-11T17:14:03","slug":"celestia-tia-leads-crypto-market-with-16-surge-will-it-hit-7-this-month","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/celestia-tia-leads-crypto-market-with-16-surge-will-it-hit-7-this-month\/","title":{"rendered":"Celestia (TIA) Leads Crypto Market With 16% Surge, Will It Hit $7 This Month?"},"content":{"rendered":"

Celestia (TIA) has displayed a remarkable performance over the week, swiftly recovering from the early October crash. The token is now leading the crypto market\u2019s recovery in the daily timeframe, suggesting a possible continuation of its bullish momentum before the month ends.<\/p>\n

Related Reading: \u2018Cardano Isn\u2019t Dying\u2019: Charles Hoskinson Defends Project Amid ADA Price Criticism<\/a><\/div>\n

Celestia Leads The Crypto Market<\/h2>\n

TIA, the native token of modular blockchain Celestia, has seen a 7.3% surge in the past week. The cryptocurrency recovered from the October 3 lows, moving from the $4.5 support level to trade above the $5 mark this Friday.<\/p>\n

Celestia has been on a downtrend since hitting its March all-time high (ATH), suffering a brutal 80% correction from $20 to $4 in the past six months. September\u2019s retrace dragged TIA below the $4 mark, registering its lowest price since early November 2023.<\/p>\n

However, the token\u2019s Q3 retraces<\/a> didn\u2019t alarm many investors who considered Celestia\u2019s on-chain developments a potential bullish sign. Since then, the cryptocurrency has seen a 40.1% monthly increase, fueling the bullish sentiment among the community.<\/p>\n

Today, TIA registered eight hourly consecutive green candles, propelling the price 14% from the $4.9 zone to the $5.6 resistance level before retracing to the $5.5 mark. Throughout the morning, the token has hovered between $5.50-$5.55, recording a 16.3% surge in the past 24 hours.<\/p>\n

This performance crowned Celestia as the largest gainer among the top 100 cryptocurrencies by market capitalization, only followed by Worldcoin<\/a> (WLD), Dogwifhat (WIF), and Popcat (POPCAT).<\/p>\n

Is A Big Move Coming For TIA?<\/h2>\n

Several market watchers note Celetia\u2019s performance, suggesting that the cryptocurrency\u2019s chart hints a breakout may be around the corner. To crypto analyst Yuriy, TIA\u2019s performance indicates a \u201cbig move is coming,\u201d remarking<\/a> that its open interest (OI) significantly increased in the past month.<\/p>\n

Meanwhile, crypto analyst Poseidon noted TIA\u2019s 80% correction, asserting<\/a> that we might be near the end of the \u201cbrutal downside trend.\u201d To the analyst, the price\u2019s 4-month range between $4-$7 looks like a potential bottom, which could signify the ongoing bullish momentum will continue.<\/p>\n

However, Poseidon asserted that TIA must reclaim the 50-day and 200-day exponential moving average (EMA) to call the trend shift. Similarly, crypto trader Bluntz previously suggested that the cryptocurrency had bottomed, displaying an inverted head and shoulders pattern after the weekly recovery.<\/p>\n

\n
Related Reading: Experts Discuss What Made Solana Memecoins The Cycle\u2019s Top Narrative<\/a><\/div>\n<\/div>\n

Youtuber Crypto Jack noted<\/a> that Celestia\u2019s bounce from the $4.5 support zone targets the upper trendline of its 4-month consolidation range. To the analyst, the bullish momentum could send TIA above the $7 resistance level this month.<\/p>\n

Other analysts called it one of \u201cthe most tempting altcoins to buy,\u201d setting targets above $10 for Celestia. Nonetheless, some noted that the upcoming token unlocks<\/a>, set to start on October 30, could negatively impact TIA\u2019s price.<\/p>\n

\"Celestia,
Celestia (TIA) performance in the weekly chart. Source: TIAUSDT on TradingView<\/a><\/figcaption><\/figure>\n
Featured Image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Celestia (TIA) has displayed a remarkable performance over the week, swiftly recovering from the early October crash. The token is now leading the crypto market\u2019s recovery in the daily timeframe, suggesting a possible continuation of its bullish momentum before the month ends. Related Reading: \u2018Cardano Isn\u2019t Dying\u2019: Charles Hoskinson Defends Project Amid ADA Price Criticism Celestia Leads The Crypto Market TIA, the native token of modular blockchain Celestia, has seen a 7.3% surge in the past week. The cryptocurrency recovered from the October 3 lows, moving from the $4.5 support level to trade above the $5 mark this Friday. Celestia has been on a downtrend since hitting its March all-time high (ATH), suffering a brutal 80% correction from $20 to $4 in the past six months. September\u2019s retrace dragged TIA below the $4 mark, registering its lowest price since early November 2023. However, the token\u2019s Q3 retraces didn\u2019t alarm many investors who considered Celestia\u2019s on-chain developments a potential bullish sign. Since then, the cryptocurrency has seen a 40.1% monthly increase, fueling the bullish sentiment among the community. Today, TIA registered eight hourly consecutive green candles, propelling the price 14% from the $4.9 zone to the $5.6 resistance level before retracing to the $5.5 mark. Throughout the morning, the token has hovered between $5.50-$5.55, recording a 16.3% surge in the past 24 hours. This performance crowned Celestia as the largest gainer among the top 100 cryptocurrencies by market capitalization, only followed by Worldcoin (WLD), Dogwifhat (WIF), and Popcat (POPCAT). Is A Big Move Coming For TIA? Several market watchers note Celetia\u2019s performance, suggesting that the cryptocurrency\u2019s chart hints a breakout may be around the corner. To crypto analyst Yuriy, TIA\u2019s performance indicates a \u201cbig move is coming,\u201d remarking that its open interest (OI) significantly increased in the past month. Meanwhile, crypto analyst Poseidon noted TIA\u2019s 80% correction, asserting that we might be near the end of the \u201cbrutal downside trend.\u201d To the analyst, the price\u2019s 4-month range between $4-$7 looks like a potential bottom, which could signify the ongoing bullish momentum will continue. However, Poseidon asserted that TIA must reclaim the 50-day and 200-day exponential moving average (EMA) to call the trend shift. Similarly, crypto trader Bluntz previously suggested that the cryptocurrency had bottomed, displaying an inverted head and shoulders pattern after the weekly recovery. Related Reading: Experts Discuss What Made Solana Memecoins The Cycle\u2019s Top Narrative Youtuber Crypto Jack noted that Celestia\u2019s bounce from the $4.5 support zone targets the upper trendline of its 4-month consolidation range. To the analyst, the bullish momentum could send TIA above the $7 resistance level this month. Other analysts called it one of \u201cthe most tempting altcoins to buy,\u201d setting targets above $10 for Celestia. Nonetheless, some noted that the upcoming token unlocks, set to start on October 30, could negatively impact TIA\u2019s price. Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":639630,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[89781,91100,93193,26263,10923,85288,89756,91898,9301,89784,91711,88685,83778],"class_list":["post-647526","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-celestia","tag-celestia-blockchain","tag-celestia-token-unlock","tag-crypto-analyst","tag-crypto-market","tag-crypto-market-crash","tag-crypto-trader","tag-popcat","tag-tia","tag-tiausdt","tag-wif","tag-wld","tag-worldcoin"],"acf":[],"yoast_head":"\nCelestia (TIA) Leads Crypto Market With 16% Surge, Will It Hit $7?<\/title>\n<meta name=\"description\" content=\"Celestia (TIA) became today\u2019s largest gainer among the top 100 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. 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