TIA Price Drops 9%; Will April Bring a Recovery for Celestia?

• Celestia’s price is trading under bearish momentum, dropping around 9% in the past 24 hours, indicating bearishness.
• $TIA’s price failed to break above the 50-EMA ($3.597) level and resumed its downtrend.

One of the leading altcoin, Celestia ($TIA) trading in an interesting declining pattern. $TIA struggles to move above the 50-day ($3.597) level exponential moving average.

Celestia has struggled this year, experiencing a 77.09% decline over the past year. In the last six months, it has dropped by 46.05%, while the past three months saw a 34.10% decrease. Over the last month, $TIA has fallen another 15.19%, indicating a prolonged downtrend. This persistent bearish momentum suggests that sellers continue to dominate the market.

Technical indicators like oscillators indicate selling pressure in the $TIA price. The moving averages are also on the strong sell side. This shows further bearish dominance in the market.

According to CMC data, the present value of Celestia is $3.245 and it witnessed an intraday drop of 9%. Moreover, its trading volume is continuously declining suggesting strong selling pressure. In the last 24 hours trading volume declined by 36.17%.

Will $TIA Price Make A Comeback?

Currently, Celestia’s price is trading below the 50-day and 200-day exponential moving averages, which shows bearish momentum. Buyers have attempted several times to break the 50-EMA ($3.596) level but have not succeeded.

Source: Tradingview

The Relative Strength Index (RSI) is declining from the bullish zone and has fallen below the 14-day Simple Moving Average (SMA) curve. Additionally, the RSI has dropped below the 50 level and is currently at 44.34, indicating weakening momentum. Meanwhile, the MACD is trading horizontally, suggesting a neutral market stance with no clear bullish or bearish dominance.

The current $TIA price suggests negative momentum, as the altcoin price is trading in a bearish zone. Indicators are also suggesting bearish momentum and no signs of reversal now.

Currently, $3.596 and $4.181 are strong resistance levels for $TIA prices. If the altcoin price breaks above these levels, it could witness a bullish rally. $2.750 is strong support for the $TIA price. If the price breaks below this level could lead to further declines.