The post Celestia (TIA) Fights to Hold $1.65 as Technical Indicators Signal Potential Reversal appeared on BitcoinEthereumNews.com.

Timothy Morano
Aug 07, 2025 05:32

TIA price currently trades at $1.65 (+2.29% today) after testing crucial $1.60 support levels, with RSI showing neutral momentum amid recent bearish pressure.

Quick Take • TIA currently trading at $1.65 (+2.29% in 24h) • Celestia’s RSI at 42.88 suggests potential oversold bounce opportunity • Failed $2.16 breakout continues to weigh on price action despite positive foundation developments What’s Driving Celestia Price Today? The TIA price has shown signs of stabilization today after a turbulent week marked by failed resistance tests and technical selling pressure. Over the past 48 hours, Celestia has been attempting to recover from the sharp decline that began when TIA failed to break above the critical $2.16 resistance level on August 2. The most immediate catalyst affecting Celestia’s price action has been the technical breakdown that triggered a 6.3% selloff earlier this week. This decline brought the TIA price down to test the crucial $1.60 support level, which has held firm despite the selling pressure. Today’s 2.29% recovery suggests that buyers may be stepping in at these lower levels. Despite positive developments including the Celestia Foundation’s significant $62.5 million token acquisition from Polychain Capital and the upcoming ‘Lotus’ upgrade, these fundamental improvements have not yet translated into sustained price momentum. The market appears to be prioritizing technical factors over fundamental developments in the near term. TIA Technical Analysis: Mixed Signals Point to Potential Consolidation Celestia technical analysis reveals a complex picture with both bearish and potentially bullish elements emerging. The most significant indicator is TIA’s RSI currently sitting at 42.88, placing it in neutral territory but approaching oversold conditions that could signal a potential bounce. The MACD indicator for Celestia shows bearish momentum with a reading of -0.0588 and a histogram value…

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Filed under: News - @ August 8, 2025 6:28 pm