Designed to let developers simply create their own blockchains with low overhead, Celestia (TIA) is the first modular blockchain network. Celestia brings data availability sampling by separating execution from consensus, so generating fresh scalability and customizing opportunities. More freedom than monolithic blockchain systems and the ability to build their own execution environments make this creative architecture appealing to developers.
Technical Indicators for TIA
Technical analysis data from TradingView shows Celestia’s TIA to be displaying encouraging buy signals across several indicators. While moving averages point to a solid purchase with nine indications favoring increasing momentum, oscillators stay neutral generally. The MACD level, which shows a positive crossover at 0.342, sticks out; the momentum oscillator suggests a possible pullback shown in the sell signal.
Support and Resistance Levels
The price action of Celestia exposes important levels of support and opposition to monitor. Setting the first support level at $4.485, the deeper support level comes at $3.753. Positively, the first barrier comes at $6.493 and the second obstacle comes at $8.346. These levels mark important turning moments where TIA might find more volatility.
Current Market Data
Reflecting a 1.78% drop in the past 24 hours, TIA is trading at $5.53 right now. Rising to #62 among other cryptocurrencies, the market cap now stands at $1.17 billion. Investor interest is still strong with a circulating supply of 212,714,761 TIA and a notable 24-hour trading volume rise of 30.26%.
Celestia’s modular design helps it to be a major participant able to meet developers’ needs as the blockchain market develops. Track the degrees of support and opposition to find possible trading prospects.
The information in this article does not provide any investment advice.
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