CandleFocus Celestia (TIA) Nears $3.72 Year-to-Date Low Amid Growing Sell Pressure
2024-11-05
Author: Content Editor
The native token of the Celestia blockchain network, TIA, has seen a significant decline in its value, losing over 15% in the past week. The coin is currently trading at $4.23, close to its year-to-date low. Technical indicators suggest that this downtrend may continue in the short term, with the price falling below its Ichimoku Cloud, indicating a bearish phase. The Directional Movement Index also suggests that sellers are stronger than buyers, further contributing to the decline. If TIA experiences renewed demand, it may rebound and target breaking above resistance levels, potentially leading to a rally towards $7.84.
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