Home / Analysis / Crypto / Technical Analysis / Celestia (TIA) Nears Long-Term Correction End — No Clear Bullish Reversal Just Yet

Celestia (TIA) Nears Long-Term Correction End — No Clear Bullish Reversal Just Yet

Published
Nikola Lazic
Published
By Nikola Lazic
Edited by Ryan James

Key Takeaways

  • TIA is testing historical demand near $2.15.
  • A five-wave correction is likely completed on the 1H chart.
  • A breakout above $4.38 confirms a bullish reversal.

Celestia (TIA) has undergone a prolonged downtrend following its parabolic rise in February 2024.

The current price action signals potential exhaustion of the corrective structure, with a five-wave decline possibly reaching its terminal phase.

Higher and lower time frames indicate an emerging bullish setup if support holds and a break above key resistance levels occurs.

TIA Price Analysis

After a strong five-wave rally that peaked at $21.02, Celestia entered a large-scale W-X-Y corrective pattern that has spanned 432 days.

The second corrective leg (Y) appears to be concluding around a significant historical demand zone near $2.15, marking prior accumulation in late 2023, the all-time low.

TIA price analysis
TIAUSD at key support zone | Credit: Nikola Lazic/TradingView

The price has remained confined within a long-term descending resistance line since the top, testing it multiple times without a breakout.

However, the Relative Strength Index (RSI) is now hovering around the oversold region, suggesting momentum could be shifting as selling pressure weakens.

This $2.15–$2.30 support zone has historically acted as a springboard, and the current reaction—though subtle—could be the beginning of a larger reversal.

Any daily close above the descending trendline and a push beyond $4.38 would confirm a bullish reversal from the macro perspective, opening room to $7.66 as the next significant resistance.

TIA Price Prediction

Zooming into the 1-hour chart, TIA recently completed a five-wave decline from the $4.38 local high to the $2.15 area.

The move aligns with a textbook Elliott Wave impulse structure, culminating in wave (v) of C, suggesting the end of a larger ABC correction.

TIA price prediction
TIAUSD one more low ahead | Credit: Nikola Lazic/TradingView

The price is now hovering near its corrective low, and the RSI shows bullish divergence, a classic early reversal signal.

Additionally, the current consolidation within the green demand zone hints at accumulation, with the potential for a rally if short-term resistance is broken.

A break above the $2.60–$2.70 mini-resistance zone could initiate a recovery, possibly extending toward $4.38 in a wave 1 of a new uptrend.

Momentum confirmation is still lacking, but a clean break of the descending trendline on the 1H chart would validate the bullish reversal.

However, failure to hold above $2.15 would invalidate the bullish outlook and could drag the price lower into a new price discovery phase.

Key Levels to Watch

  • Major Support: $2.15 (bottom of macro correction), $2.30 (demand zone).
  • Immediate Resistance: $2.70 (short-term breakout level), $4.38 (horizontal resistance).
  • Breakout Confirmation: Close above $4.38 and trendline with volume.
  • Invalidation Level: Sustained move below $2.15 support.
  • Fractal Watch Zone: $7.66–$8.50 (target area if bullish structure confirms).
Disclaimer: The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
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Nikola Lazic is a cryptocurrency analyst and investor working in the industry since 2017. He holds a bachelor's degree in Sociology, which enables him to better understand the psychology behind the crowd´s positioning. Consequently his preferred analytical tool is Elliott Wave Theory in combination with price action analysis. Combining his experience in trading and investing with knowledge in content writing he strives to bring the most accurate and actionable information. Expertise: Cryptocurrencies, Technical analysis, Elliott Wave Theory, On-chain metrics, Research reports.
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