Celestia [TIA] Surges 26% in Week, Trading Volume Jumps 170%

Generated by AI AgentCoin World
Monday, Jul 7, 2025 5:19 pm ET2min read
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Celestia [TIA] has been making waves in the cryptocurrency space with its impressive performance. The asset has recorded a notable 26% gain over the past week, ending its prolonged bearish trend. On the 7th of July, TIA surged by 12% and traded near $1.67 at press time. This price jump has attracted significant attention from investors and traders, leading to a 170% increase in trading volume. This significant jump in trading volume suggests strong bullish momentum and the potential for a sustainable rally.

Since the 24th of June, TIA’s Futures market showed a noticeable shift in sentiment, marked by a steady rise in Open Interest and a moderate recovery in price. During this period, Open Interest increased consistently, rising from $138 million to $198 million, the highest level since early June 2025. Also, TIA climbed from a low near $1.40 to around $1.67. This combination of rising Open Interest and price recovery points toward a bullish divergence, suggesting that traders may be positioning for a potential trend reversal.

Another reason behind TIA’s continued upward momentum is traders’ strong interest and confidence in long positions. Over the past week, traders have shown significantly more interest in long positions than short ones, which has not only supported TIA’s price increase but also helped it break through a major resistance level. At these levels, traders have built $20.03 million worth of long positions and $6.89 million worth of short positions. This indicates that traders strongly believe the TIA price is unlikely to fall below the $1.386 level anytime soon.

At press time, the Binance TIAUSDT Long/Short ratio stood at 2.03, indicating strong bullish sentiment among traders. 67.03% of top traders on Binance were betting on long positions at the time of writing, while 32.97% were positioned on the short side. Another strong reason behind TIA’s consistent upward momentum is the breakout of a prolonged descending trendline that had been acting as strong resistance since May 2025. With a strong rally, the asset has broken through this key hurdle and has continued to maintain its upward momentum since then.

Lastly, the strong influence of major assets like BitcoinBTC-- [BTC], EthereumETH-- [ETH], and Solana [SOL] has played a key role. These assets have recently recorded impressive rallies and appear to be positively influencing the overall market, especially crypto memecoins. Given the current market sentiment and overall structure, TIA appears bullish and could continue its upward momentum, but under certain conditions. After a recent 26% rally, the asset has reached a key horizontal resistance level at $1.70, which is currently acting as a hurdle for further price movement. TIA is likely to continue its upward momentum only if it breaks out of this resistance zone and closes a daily candle above the $1.70 level. If this occurs, there is a strong possibility that TIA could maintain its rally, with the price potentially surging over 39% to reach the $2.26 level in the near future.

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