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Tia Price continues to decrease in the bear race for 3 months-what is the next?

Celestia has struggled to get out of the three -month continuous direction, with many failed attempts to maintain gains over the main resistance levels.

This indicates the presence of a market that lacks a strong conviction, as investors visit Altcoin to a clear upward path.

Celestia find support from investors

The Chaikin Money Flow (CMF) has shown a modest increase recently but still slightly less than scratch. This means that although capital flows are there, the investor’s confidence is generally initial.

Buyers seem to be attracted by the relatively low price of TIA, however the momentum is not strong enough to break the declining direction decisively.

CMF failed to climb over the siphon signals, and indicates that merchants only enter caution. This initial interest may increase fluctuations unless the broader market support appears.

Tia CMF
Tia CMF. source: Tradingvief

The RSI has risen for a short period of time to the upward lands, but it has since declined to the bottom of the 50 neutral level. This pattern indicates a fragile bullish momentum, most likely to sell pressure or uncertainty in the external market.

The 50 -time decrease that TIA prices is risky. Without renewing the purchase force, it has difficulty overcoming resistance and may continue to die in defeated trading ranges.

Tia RSI
Tia RSI. source: Tradingvief

Tia PRICE aims to jump

Currently trading about $ 2.54, TIA tests the critical support level at $ 2.53. This level is pivotal to stabilizing prices and preventing more losses, especially after failing the resistance exceeding $ 3.00 during the short direction for a long time.

It seems unlikely a great upward outbreak. However, if the support is supported at $ 2.53, it may merge TIA, and perhaps build a momentum to re -test the resistance of $ 3.00 after a breach of $ 2.73.

TIA price analysis.
TIA price analysis. source: Tradingvief

On the contrary, a decisive break less than $ 2.53 can intensify the declining pressure, which leads to a decrease in the price of about $ 2.27. Such a step will nullify the prospects for the short term and increase negative risks.

Disintegration

In line with the guidance of the confidence project, this price analysis article is for media purposes only and should not be considered financial or investment advice. Beincrypto is committed to accurate and unbiased reporting, but market conditions are subject to change without notice. Always perform your research and consult with a professional before making any financial decisions. Please note that the terms, conditions, privacy policy have been updated and the evacuation of responsibility.

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