Celestia hits 4-month high – Can TIA reclaim $0.48 despite selling pressure?

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Celestia surged 11% to reach a four-month high of $0.48 before retracing to around $0.43, supported by a 298% jump in trading volume. This rally was driven by TIA’s role as a data availability layer in modular blockchains, along with strong staking demand with 393.9 million tokens staked, representing 43% of total supply. However, selling pressure remains intense: futures netflow dropped 998% to -$4.4 million, while spot netflow climbed 1163% to $595k. Despite this, technical indicators like the Stochastic RSI at 88 and the DMI at 40 suggest the bullish trend remains intact.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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