Celestia’s price is $5 back, but can she escape the death cross?

Celestia’s Death Cross Deepens Despite 12% TIA Price Recovery


Celestia (TIA) has struggled to regain its footing following last week's crash above $5.50. The price of the altcoin fell by 18%, and although it tried to recover after that, the broader market conditions did not support it.

This opposition poses a threat to TIA's ability to sustain growth in the short term.

Celestia's faces tend to bear

Celestia's moving averages are currently forming a death cross, a bearish indicator of weakness. This pattern had a lot of trouble on the TIA in 2024 but was briefly reversed when the golden cross came out in early December. However, this brutal trend was short-lived, and at the end of the month, the cross of death came back.

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Despite the ongoing recovery, the widening death cross suggests further declines may be coming. The continued bearishness is eroding investor confidence, making it challenging for TIA to sustain any meaningful upward movement without strong market support.

Celtia's death cross. Source: TradingView

The macro momentum for Celestia presents additional challenges. The Relative Strength Index (RSI) has remained below the neutral 50.0 line for the past month, indicating weak bullishness. While the RSI has shown a recent uptrend, its failure to move above the neutral zone indicates a weak TIA recovery.

This extended period below 50.0 indicates insufficient strength to buy momentum for sustained growth. Unless the TIA regains momentum and pushes the RSI above its critical threshold, the asset may continue to resist in attempts to recover.

Celestia RSI
Celestia RSI. Source: TradingView

TIA Price Forecast: Interrupt Consolidation

In the last four days, Celestia has recovered 12%. However, this gain will only partially offset last week's 18% correction, leaving the asset vulnerable to further market pressures. The recovery, while promising, is less than guaranteed to reverse.

While TIA can recover from its recent losses, a near-term crash seems unlikely. Market conditions and technical indicators suggest continued consolidation between $5.56 and $4.50. As the causes of depression persisted, this region proved difficult to escape.

Celtia price analysis.
Celtia price analysis. Source: TradingView

For Celestia to break out, it must first secure $5.03 as a support floor. Only then can it aim to breach the $5.56 resistance, a level it has failed to breach recently. Achieving this would pave the way for a rally to $6.27, overturning the bearish-neutral outlook and restoring optimism among investors.

Disclaimer

In accordance with Trust Project guidelines, this price analysis article is for informational purposes only and should not be construed as financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always do your own research and consult with a professional before making any financial decisions. Please note that our terms and conditions, privacy policy and disclaimer have been updated.

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