Celestia Crypto Bounces Back Strong
Celestia crypto has experienced a strong recovery after a 4.2% drop. However, some holders are still skeptical about the future of TIA price. To gain more insight, let’s dig into TIA price analysis.
Growth Fueled by Airdrops
The modular layer-1 blockchain has seen growth due to increased interest in upcoming airdrops for TIA holders. There are currently four confirmed airdrops, with more on the way.
TIA Price Analysis: Price Recovery Potential
Celestia crypto is currently trading at $16.05 with a 24-hour change of +12.9%. After testing support below the 20DMA at $12.5, the price has formed a bullish pan handle pattern, indicating potential upside on the short time frame.
Bearish RSI vs Bullish MACD
Although the RSI suggests over-priced and over-bought positioning, the MACD shows minor bullish divergence. Overall, the TIA structure appears strong despite the bearish RSI.
Potential Upside and Downside Targets
The upside target for TIA price is $17.28 resistance level (+8%), while the downside risk could see a retreat to $12.5 (-21.8%). The current risk-reward ratio stands at 0.37.
Bitcoin Minetrix: An Alternative Opportunity
Instead of investing in Celestia crypto’s TIA price, an alluring opportunity arises in the Bitcoin Minetrix presale. Bitcoin Minetrix offers secure and transparent Bitcoin cloud mining rewards for retail investors through its stake-to-mine system.
The Centralization Challenge in Bitcoin Mining
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