- Celestia eyes breakout as symmetrical triangle hints at sharp price movement.
- TIA’s RSI at 52.99 and MACD crossover signal potential bullish momentum.
- Sustained outflows keep bearish risks alive despite recent price recovery.
Celestia ($TIA) is on the brink of a major breakout, according to top analyst Ali Martinez. The cryptocurrency is currently forming a symmetrical triangle on the 1-hour chart, a pattern that often signals a sharp price movement.
With key resistance at $3.64–$3.68 and support at $3.53–$3.56, the market is at a critical juncture. A decisive move beyond resistance could trigger a 10% surge, pushing the price toward the $4.00 mark.
Conversely, a breakdown below the support level may send $TIA tumbling toward $3.30. Given recent price action and market dynamics, traders should prepare for increased volatility in the short term.
#Celestia $TIA is about to break out! Busting out of this triangle will trigger a 10% price move. pic.twitter.com/SdQyCl3ODt
— Ali (@ali_charts) March 15, 2025
Market Performance and Recent Trends
At press time, Celestia ($TIA) is trading at $3.64, with a 24-hour trading volume of approximately $78.9 million. Despite a slight decline of 0.49% in the past day, the cryptocurrency has gained 11.57% over the last week.
This recent uptrend suggests growing investor interest, although selling pressure remains a key concern. The total market capitalization of Celestia stands at $1.95 billion, with a circulating supply of 540 million tokens.
An analysis of TIA’s Spot Inflow/Outflow chart reveals a significant price decline from highs of $13.56 to current levels near $3.00. Large outflows exceeding $10 million have accompanied these price drops, signaling sustained bearish sentiment.
While occasional inflows above $5 million appear, they have not been strong enough to reverse the downward trend. However, if net inflows pick up, the price may see a strong rebound. Otherwise, persistent outflows could drive prices lower.
Technical Indicators Point to a Potential Breakout
Several key indicators suggest that Celestia is at a pivotal moment. The Relative Strength Index (RSI) is currently at 52.99, which places it in a neutral zone. This indicates that the asset is neither overbought nor oversold, leaving room for movement in either direction. A slight upward shift in RSI suggests improving momentum, which could favor a breakout.
Additionally, the Moving Average Convergence Divergence (MACD) presents a bullish outlook. The MACD line has crossed above the signal line, a classic sign of potential upward momentum.
The histogram further supports this view, as it displays increasing positive momentum. These technical signals suggest that buying pressure may soon intensify, reinforcing the likelihood of a bullish breakout.
