Cryptocurrency Celestia Decreases More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Celestia (CRYPTO: TIA) has seen a price drop of 5.74% in the last 24 hours, falling to $18.27, despite a 28.0% increase over the past week. The volatility of the cryptocurrency is illustrated by Bollinger Bands in the provided chart. Trading volume has decreased by 42.0%, while the circulating supply has increased by 8.27%, bringing it to 158.14 million. Celestia's market cap is currently ranked #33, valued at $2.89 billion.
January 17, 2024 | 3:02 pm
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Celestia (TIAUSD) has experienced a significant price decrease of 5.74% within the last 24 hours, moving against its recent upward trend. The trading volume has also seen a substantial decline.
The price drop of 5.74% is a significant short-term negative movement, which is likely to influence investor sentiment negatively. The decrease in trading volume suggests lower market interest or consolidation, which could further pressure the price in the short term. However, the recent overall upward trend and the increase in circulating supply might provide some support to the price, mitigating the impact to some extent.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100