Celestia (TIA) Price Hits New All-Time High, Further Gains to $20 Possible But Sharp Rejection Could End Rally
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The Celestia (TIA) price reached a new all-time high of $12.47 on November 27 after increasing inside an ascending parallel channel since November 10.
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The price increase has bullish signs according to Elliott Wave theory and the 6-hour RSI indicator.
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The first target if TIA breaks out from the channel is $14.50, and the second target is $18.10.
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A rejection of the channel resistance could lead to a 25% decrease to the channel support level.
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The analysis suggests TIA could continue increasing to $20, but a sharp rejection of resistance could end the upward price movement.