Celestia (TIA) has showcased strong performance recently, bouncing back from an early October crash. The token is leading the crypto market's recovery in the daily timeframe, indicating potential continuation of bullish momentum before month's end.
Celestia, the native token of a modular blockchain, experienced a 7.3% surge over the past week. After recovering from October 3 lows, the token rose from a $4.5 support level to above $5, despite suffering an 80% correction from its March all-time high of $20.
Throughout its recent activity, TIA registered significant gains, moving 14% upwards to a $5.6 resistance level. Currently, it has surged 16.3% in the past 24 hours, establishing itself as the top gainer among cryptocurrencies with major market capitalization.
Market watchers identify Celestia's performance as a potential breakout, with analysts observing increased open interest and a possible end to the downward trend. If the bullish momentum holds, Celestia could surpass the $7 resistance mark this month, despite potential price impacts from upcoming token unlocks.
