Possible 20% increase and new all-time highs as TIA consolidates

In the market, the price of Celestia fluctuates within a range that goes from $13.88 to $20.33.

It is possible that a 20 percent increase to a new all-time high of $24.31 might occur if the price breaks over $20.33.

There is a possibility that investors may have the chance to accumulate money around the $18.22 support level.

If TIA is unable to break over the range's midpoint at $17.11, the bullish prognosis for the company will be rendered meaningless.

Ever since it was first introduced on October 31, 2023, the price of Celestia (TIA) has been moving in an upward direction. In around one hundred days, TIA has seen a price increase of 908%, reaching an all-time high of $20.91 on Friday. More, however, is on the horizon for this alternative cryptocurrency provided a few criteria are satisfied.

Price consolidation in Celestia becomes more complicated

Over the course of the last two weeks, the price of Celestia has mostly remained between the range of $13.88 to $20.33. A 22% rally that swept the range high and hit an all-time high at $20.91 on February 9 was prompted by the recent flip of the range's midpoint (which occurred at $17.11), which occurred on February 9. On the other hand, the ensuing twelve-hour candlesticks closed below the range low, which added a little bit of uncertainty to the minds of holders.

TIA may either see a rejection followed by a return to the range's midpoint at $17.11 or a flip of the range high into a support floor and an extended rally to new all-time highs at the 161.8% Fibonacci Extension level of $24.31. Both of these occurrences are possible in the future.

In light of the fact that both the Relative Strength Index (RSI) and the Awesome Oscillator (AO) are indicating that a bullish phase is occurring, it is quite improbable that the Celestia price will have a significant pullback. Nevertheless, it may provide a buying chance at the price of $18.23 before it makes an effort to flip at $20.33.

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