Celestia TIA Jumps 19% on 4.4× Volume, Targets $2
Celestia TIA surged 19% in 24 hours after on-chain volume and DEX transactions spiked 4.4-fold to $301.7M, the highest since early November. Daily transactions climbed to 48,424, including 40,899 blob trades on decentralized exchanges, signaling stronger network adoption amid a broader altcoin rally. Technically, Celestia TIA broke a descending trend channel on the 4-hour chart and retested support above $1. With sustained momentum, Celestia TIA could challenge resistance at $1.50–$1.60 and potentially reach $2. Key indicators—MACD bullish crossover and RVI above 75—support a bullish outlook. Traders should monitor volume sustainability and key support levels for confirmation, as profit-taking risks could lead to pullbacks.
Bullish
The sustained 19% price surge driven by a 4.4× increase in on-chain and DEX volume, combined with bullish technical signals such as the descending trend channel breakout, MACD crossover, and high RVI, suggests strong buyer momentum. Short-term, traders may see continued upside toward $1.50–$1.60 and a potential push to $2 if volume remains high, though profit-taking could cause brief pullbacks. Long-term, sustained network adoption and DEX engagement position Celestia TIA favorably within the ongoing altcoin rally.