Celestia (TIA) Price Plummets to $0.60, Network Activity Remains Strong
- Price Collapse: Celestia's TIA price has plummeted from nearly $21 to around $0.60, with the steep decline exacerbated by a sluggish market and trader withdrawal, potentially undermining investor confidence in the short term.
- Sustained Network Activity: Despite the significant price drop, Celestia processed over 160 GB of data across 56 rollups in January, demonstrating its active role as a modular data availability layer, which could enhance its market position in the long run.
- Blobspace Expansion Plans: Celestia aims to scale blobspace by increasing block size to 128 MB with the Matcha upgrade by 2026, and improving data transfer efficiency, which, if successful, could attract more rollups to choose it as their data layer, directly boosting TIA demand.
- Governance Proposal Impact: The proposed governance mechanism would reduce TIA's annual issuance from 5% to 0.25% while introducing token burns tied to governance participation, which could tighten supply in the long term but may face pushback from validators in the short term, affecting network stability.
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Technical Analysis for KAS
Technical Sentiment Analysis for Kaspa (KAS) As of , Kaspa (KAS) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for KAS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, KAS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Kaspa (KAS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0128 | 0.0189 | 0.0253 | 0.0314 | 0.0377 | 0.0439 | 0.0502 |
| Fibonacci | 0.0189 | 0.0237 | 0.0266 | 0.0314 | 0.0361 | 0.0391 | 0.0439 |
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