Everything you need to know about Celestia (TIA)'s explosive rise to $20 and analysts' opinions

Everything you need to know about Celestia (TIA)'s explosive rise to $20 and analysts' opinions

According to a report by bitcoin-2go.de,

Celestia (TIA) is witnessing an impressive rise and is on the verge of reaching the important $20 mark. Analysts are divided as to whether this trend will continue or whether a correction is imminent. Celestia is considered one of the best performing coins in 2024 and is ranked number one trending coin on CoinGecko. Opinions are divided on TIA's future, while some analysts remain optimistic and set a price target of $24, others see a correction as more likely.

TIA's performance and growth are not only the result of market speculation, but are also influenced by Celestia's technology and strategic positioning. The technical chart analysis shows that Celestia's price is following a clear upward trend, but also shows signs of a possible correction. Analysts recommend waiting for confirmation of a trend continuation before positioning.

Celestia's performance will also be boosted by the upcoming Ethereum upgrade EIP-4844. This is expected to further strengthen Celestia's position in the market.

Overall, Celestia is interesting for investors and traders due to its clean chart and clear trend. In the medium to long term, the upward trend is expected to continue, but short-term corrections cannot be ruled out. It is advisable to choose a safe and reputable trading venue like Bitvavo to purchase Celestia.