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FxWirePro- TIAUSD (Chart of the day)

Mon, 22 Jul 2024, 22:12 pm UTC

Celestia is a modular data availability (DA) network that securely scales with the number of users, making it easy for anyone to launch their blockchain.

Celestia Blockchain details-

Blockchain time- 15 seconds

Transaction Speed- 0.19 seconds

Transaction fees- $0.01.

TIAUSD performed well in the past two days.

Any daily close above $8 confirms further bullishness.

TIAUSD has gained more than 85% in the past three days. The pair holds well above the short-term (21 and 55 EMA) and long-term moving average. It hit a high of $7.64 and is currently trading around $7.275.

The bullish invalidation can happen if the pair closes below $4. On the lower side, the near-term support is $6.80. Any break below target $5.95/$4. Any violation below $4 targets $2.

The immediate resistance stands at around $8. Any breach above confirms bullish continuation. A jump to $9/$10/$12 is possible. A surge past $12 will take it to $16.

It is good to buy on dips around $6 with SL around $4 for TP of $12/$15.

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