Celestia is a modular blockchain network that emphasizes scalability and flexibility. It separates consensus from execution, allowing for more efficient transaction processing and greater scalability. This technological innovation has attracted a diverse group of investors, ranging from blockchain enthusiasts to institutional investors looking for the next big thing in the crypto space.
Celestia Past Performance
In early December 2023, TIA was trading around $8.57, with a market capitalization of approximately $1.27 billion.
This period marked a substantial increase in its price, reflecting a 30-day percentage change of over 257%. By mid-December, the price had surged to $13.08, pushing the market cap to nearly $1.97 billion. This rapid growth indicates strong investor interest and market momentum.However, Celestia experienced fluctuations towards the end of December, with its price oscillating between $11.91 and $12.84. The new year brought further volatility, with the price reaching as high as $18.10 in mid-January 2024.
TIA Current Price Stats
As of January 23, 2024, Celestia (TIA) is trading at approximately $14.58. The cryptocurrency currently holds a market capitalization of around $2.32 billion. In terms of recent performance, TIA has experienced a decrease of about 7.89% over the past 24 hours. Over the last 30 days, it has seen an increase of approximately 8.08%, while its 60-day performance shows a significant rise of 160.46%. Over the past 90 days, TIA has surged impressively, showing a 594.27% increase.
Support and Resistance Analysis
Based on its recent price movements, the current support level for TIA can be identified around the $14.00 mark. This level has been tested in the recent price dips and has so far held strong. On the other hand, the resistance level seems to be forming around the $15.50 to $16.00 range.
The 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 market for cryptocurrencies is inherently volatile, and such rapid price changes are not uncommon.
