Celestia (TIA) has declined nearly 13% in the past 24 hours and is down close to 20% over the past month. This puts the token near its all-time low of $1.32, reached three months ago. The latest drop follows a broader pullback in the crypto market, although Celestia’s losses are steeper than most.
Technical indicators suggest the token is approaching an area of potential support. The price is currently just at the lower Bollinger Band at around $1.51, which aligns with the 78.6% Fibonacci retracement level. These levels are often used by traders to assess where a price may stabilize or reverse.
RSI indicators also reflect oversold conditions. The 14-day RSI is at 37, while the shorter-term 7-day RSI has dropped to 26. In standard interpretation, RSI values below 30 may suggest an asset is oversold, though this alone does not indicate direction.
Beyond short-term indicators, Celestia’s price action reflects a broader downtrend that has persisted since its peak. The token has lost over 90% of its value since reaching an all-time high of $20.85, and has struggled to establish higher support zones Price rallies have been limited in both scale and duration, with lower highs forming consistently over the past several months.
Read also: Celestia Near All-Time Low, Faces Allegations of Insider Sales
What’s Next?
Celestia is now near a cluster of technical support levels, with indicators such as the RSI and Bollinger Bands pointing to short-term oversold conditions. These signals suggest the potential for a temporary bounce or consolidation.
However, the broader trend remains weak, with the price continuing to decline steadily over the last months and showing no signs of reversal. While current levels may attract short-term interest, there is limited evidence of a trend reversal in the longer timeframe.
