Celestia’s Recent Performance and Potential Long-Term Prospects
With the crypto market experiencing some turbulence at the end of August, altcoins like TIA have faced notable losses. Despite this short-term dip, Celestia had a productive month in terms of on-chain growth. The question now is whether investors see this as a promising sign for TIA’s future.
Exploring OurNetwork’s Assessment of Celestia’s Modular Ecosystem
OurNetwork’s latest report on the Modular ecosystem, which includes Celestia, highlighted some key developments indicating a steady build-up since the beginning of August.
JUST IN: Modularity
The relative strength index (RSI) suggests a slight decrease in bullish momentum, but a reversal could be on the horizon as market volatility eases. TIA’s strong correlation with Bitcoin is expected to influence any upcoming rally. If Bitcoin climbs back to $60k in the future, we may see TIA retesting $5, especially if the market sentiment turns bullish as anticipated in early to mid-September.
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