Celestia (TIA) price has been on a downward slope since February 2024, dropping by around 85% since then. But things might be getting worse as the price now nears a new all-time low.

Cryptocurrency analyst Ali has painted a grim picture for Celestia future, suggesting the digital asset could be heading toward a new all-time low of $1.50.

The situation looks increasingly dire for Celestia (TIA) as it continues its downward spiral. According to Ali’s technical analysis, the cryptocurrency has recently broken below a critical support level at around $4, signaling growing weakness in its market position.

While the asset has found temporary relief around the $2.70-$3.00 range, with a current price of $3.242 showing a modest 4.11% daily gain, the overall trend remains decidedly bearish.

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Looking at the detailed chart analysis provided by Ali, several key price levels demand attention. The $3.50-$4.0 zone has transformed from a former support into a formidable resistance area, with Celestia struggling to reclaim this territory.

The current support zone between $2.70 and $3.00 provides temporary stability, but this floor could soon give way.

Ali’s analysis suggests a potential short-term scenario where Celestia might experience a brief relief rally toward $3.50 or possibly even $4.10. However, if the bounce is temporary, the stage could be set for an even steeper decline.

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Should the current support levels fail, Ali projects a cascade of falling prices, with $2.30 and $1.75 serving as intermediate stops before potentially reaching the dreaded $1.50 mark.

With bearish sentiment firmly in control and no clear signs of a bullish reversal, any upward movement to the $3.50-$4.10 range might simply present sellers with better exit opportunities. Unless Celestia can mount a surprising recovery and establish stability above these key resistance levels, the path to new all-time lows appears increasingly likely.

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The post Celestia (TIA) Could Finally Be Dead as Price Nears New All-Time Low appeared first on CaptainAltcoin.

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