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CryptoXTimes > Article > News > Celestia Expected To Hit $188 Says Analyst
NewsCrypto

Celestia Expected To Hit $188 Says Analyst

Analyst predicts 2,750% surge for Celestia, reaching $188.

Nayab Fatima
Last updated: July 13, 2024 10:42 am
Nayab Fatima 11 months ago
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Celestia Expected To Hit $188 Says Analyst

The price of the Celestia (TIA) token dropped a lot lately, going from $20 to $5 in response to Bitcoin’s drop. Even with this loss, there is still a lot of optimism about this altcoin. Many people think it is about to grow a lot.

The crypto expert known as “House Of Crypto Kings” recently did an analysis that got a lot of attention in the Celestia community. The expert paints a major picture for the token, saying that it could go up by 2,700% and reach new all-time highs.

The analyst likes how useful Celestia is for many things in its environment, such as paying fees, staking for rewards, and encouraging the availability and validity of data. The research shows how strong the altcoin is by pointing out that it had strong support at $4.9 during the recent crash. This could be the basis for future rallies.

Celestia Price Targets, $80.2 And $188

The expert also says that the possible approval of Spot Ethereum ETFs could lead to a rally in alternative currencies, which would be good for Celestia. “Historically, new projects introduced shortly before a bull market often experience significant rallies,” the analyst told us. “We anticipate notable volatility in Q4 2024 and Q1 2025, presenting an excellent opportunity for TIAUSD to surge.”

He or she has set two important price goals for a surge: $80.2 and $188. From the present price of $6.6, the price would have to go up 1,100% to reach the lower target, and it would have to go up 2,750% to reach the higher target.

Celestia investors should think about getting out of their shares between March 11 and August 11, 2025, says the analyst, because this is when they think the bull market cycle will reach its peak and the altcoin season will end.

The expert says that TIA could lose value if it can’t hold its $4.9 support level. If that happens, the price could fall to the next important support level around $3.6. But the expert is still hopeful that prices will go up from here, pointing to upcoming significant events and the expected approval of Ethereum ETFs as possible reasons.

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