Celestia (TIA) has emerged as one of the most prominent crypto projects in November. The billion-dollar airdrop brought it into the focus of most crypto enthusiasts and traders. Despite strong selling after its listing, TIA price has remained somewhat resilient.
As a result, many traders are targeting new all-time highs for Celestia price. However, before investing in this project for the long term, you must know that it already has a market capitalization of more than $1 billion, which could limit its upside.
The fully diluted market capitalization of TIA crypto is more than $7 billion which raises a question mark on its future potential. Nevertheless, it has been seen in many cases that due to social media hype, such projects may still grow in the short term.
Technical analysis shows that the next big resistance level on the chart is $7.26. A breakout above this level will give a very bullish outlook to Celestia price prediction. However, close attention must be given to the Bitcoin price action which will keep affecting altcoin prices.
This post was last modified on Dec 05, 2023, 19:03 GMT 19:03