Trading TIA After the 1.33MB/s Mainnet Milestone

• TIA is currently experiencing a downtrend, with key moving averages trending downward.
• Low trading volume indicates a lack of buying pressure and weak investor interest.
• Reclaiming the 4.40 level could signal a bullish reversal and present a possible entry point for investors.

TIA, the native token of the Celestia network, is currently facing a bearish trend. The price has been in a downtrend, with key moving averages such as the 20EMA, 50EMA, 100EMA, and 200EMA all trending downward. Bearish candlestick patterns, including engulfing patterns and pin bars, are visible, further reinforcing the downtrend.

While resistance levels are observed near 6.00 and 6.50, no clear support is evident below the 5.20 level.
On the other hand, the RSI fluctuates around the 50 level, indicating a fairly neutral momentum without any significant overbought or oversold conditions.

Despite the bearish outlook, market analysts suggest a bullish long-term outlook for TIA, comparing its current trend to Solana’s 2021 bull run.

2021 $SOL vs 2025 $TIA if you are bullish on the token, then you want to see this $4 level hold. im still staking my bag from shortly after launch.@cburniske is overly bullish on @celestia. my plan is to see how it looks in April after next market-wide leg up.

Chris Burniske, the crypto head of Ark Invest and current partner at Placeholder VC, stated in a post on X that he has not sold a single TIA to date and has actually increased his holdings since the network went live. Burniske is overly bullish on the blockchain platform and its native token.

This suggests a cautious approach, with the analyst planning to reassess the situation after the next market-wide move. Additionally, The recent mining of Celestia’s first >2MB block was also a significant milestone. 1.33MB/s throughput is now live on the Mainnet Beta.

TIA: A New Standard for Scalability

This means that data can be processed and transferred on the Celestia network at a rate of 1.33 megabytes per second. This increased throughput is a major step forward for blockchain platfor as it showcases the growing capabilities and scalability of the network.

Trading TIA After the 1.33MB/s Mainnet Milestone 3

Higher throughput is a critical factor for any blockchain network, as it allows for faster and more efficient transaction processing. This is particularly crucial for applications like decentralized finance (DeFi), gaming, and the metaverse, which require high transaction speeds and low latency.

However, there is possibility for a bullish reversal. Reclaim of the 4.40 support level could signal a trend reversal and provide a more favorable entry point for investors.

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