Convergence

Rally

bullish

Celestia

Divergence

<p>The post <a href="https://coinpedia.org/price-analysis/sui-sui-celestia-tia-breakout-rally-eyes-a-20-upside-this-week/" rel="noopener noreferrer nofollow">SUI ($Sui) &amp; Celestia ($TIA) Breakout Rally Eyes A 20% Upside This Week?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Despite increased selling pressure within the crypto market, mid-cap altcoins have displayed a bullish price action, highlighting a rising interest of investors in these altcoins to maximize their profits during the ongoing market turmoil.</p>
<p>In this article, we have covered the in-depth market sentiments, price analysis, and possible short-lived price targets of the SUI and TIA crypto tokens.</p>
<h2 class="wp-block-heading" id="h-sui-sui-price-action">Sui (SUI) Price Action:</h2>
<p>In spite of rising bearish sentiment in the cryptocurrency space, the SUI price has displayed a bullish action by recording a jump of over 20% within the past day. Further, it has surged approximately 120% over the past week and 40.11% during the last 30 days.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXca_GK6kQ-hpahQiJ9Gs-aoAeCv5I0k1Mr9C7cPj9EcN0anslyqQTdVqbEk5F1zznG0y2iVYiJXTrZVvukHu-zHCJgnkGNiOBASU3g277B2x455aKg55AQkoFg7sAPHbk6V0LCqGZzoxz_VvNe9tUpVVioY?key=gY867HV3lA0nxZ2LmN0KlA" alt="SUI Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: SUI/USDT
 </figcaption>
</figure>
<p>The Moving Average Convergence Divergence (MACD) has displayed a constant rise in the green histogram, indicating an increase in the buying pressure within the crypto space. Further, its averages show a bullish rise, suggesting that the SUI price will continue gaining value this week.</p>
<p>If the market continues trading under a bullish sentiment, the SUI coin price will prepare to test its upper resistance level of $1.460. Conversely, if a bearish trend reversal occurs, this altcoin will plunge toward its crucial support level of $0.6125.</p>
<h2 class="wp-block-heading" id="h-celestia-tia-price-action">Celestia (TIA) Price Action:</h2>
<p>Amid increased price volatility, the Celestia price has added approximately 2% within the past day with a trading volume of $81.432 Million, a change of -15.78%. Furthermore, it has jumped 30.16% over the past week and has secured the 57th position with a market cap of $1.164 Billion.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc8MBbteksMGAs1w_iM1HOFcwzktuBCmMSIDdb6DOc6bHLR6h89MXD9NUmr4GoDYOEnwetG3lHya7Y544uMfsJXpq-HX_rhcf_1J_u0X4nz1Kpql5FcIFX30RvE9i76oWmmEzRJK_v2yIWwYgmFFpckzZag?key=gY867HV3lA0nxZ2LmN0KlA" alt="Celestia Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: TIA/USDT
 </figcaption>
</figure>
<p>The technical indicator, RSI continues hovering close to its halfway mark in the 1D time frame. Further, its average trendline shows a bullish curve, suggesting a potential positive reversal for the altcoin in the coming time.</p>
<p>Suppose, the bulls regain momentum, in that case, the TIA price will retest its resistance level of $7.60. However, if the bears overpowered the bulls, the Celestia coin price will retest its crucial support level of $4.435 this month.</p>

SUI ($Sui) & Celestia ($TIA) Breakout Rally Eyes A 20% Upside This Week?

Table of Contents

CoinPedia News

Other articles published on Aug 12, 2024

BNB Chain Announces Winners of Second BNB Incubation Alliance Round

Four Arrested in Kyiv for Alleged Kidnapping and Murder of Bitcoin Investor: Details

TSLA Dips Amid High Volatility as Firm Ups Cybertruck’s Base Price

Investors Expect Toncoin Price Decline

CFTC Sparks Debate in the Crypto World with Regulatory Move

Ripple Commences Test of RLUSD On Ethereum, XRP Ledger

Join our free newsletter for daily crypto updates!