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Celestia Analysis: Amazing TIA growth of 8% month over month and 594% quarter over quarter

Celestia is a modular blockchain network focused on scalability and flexibility. It decouples consensus from execution, allowing for more efficient transaction processing and greater scalability. This technological innovation has attracted a diverse range of investors, from blockchain enthusiasts to institutional investors looking for the next big thing in cryptocurrency.

Celestia’s last performance

In early December 2023, TIA was trading at about $8.57, with a market capitalization of about $1.27 billion.

This period saw a significant rise in its price, reflecting a 30-day percentage change of over 257%. By mid-December, the price had risen to $13.08, pushing the market cap to nearly $1.97 billion. This rapid growth indicates strong investor interest and market momentum. However, Celestia saw fluctuations at the end of December, with its price fluctuating between $11.91 and $12.84. The new year brought more volatility, with the price reaching $18.10 in mid-January 2024.

Current price statistics for TIA

As of January 23, 2024, Celestia (TIA) is trading at approximately $14.58. The cryptocurrency’s market cap is currently around $2.32 billion. Regarding the recent performance, TIA saw a decline of about 7.89% over the past 24 hours. Over the past 30 days, it has seen a rise of approximately 8.08%, while its 60-day performance has shown a significant rise of 160.46%. Over the past 90 days, the TIA has risen impressively, showing an increase of 594.27%.

Support and resistance analysis

Based on recent price movements, the current support level for… Tia It can be determined around the $14.00 mark. This level has been tested in recent price declines and has remained strong so far. On the other hand, a resistance level appears to be forming around the $15.50 to $16.00 range.

Investor sentiment towards Celestia appears to be cautiously optimistic, given its recent performance and the innovative technology it brings to the blockchain space. However, the cryptocurrency market is inherently volatile, and such rapid price changes are not uncommon.

By Admin

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