TIA Tops Market Gains — Can Bulls Reclaim $2 After Strong Weekly Start?
2025/07/07 09:30As the broader crypto market starts the new trading week on a positive note, Celestia’s native coin, TIA, is today’s top gainer. The altcoin trades at $1.65, up 12% over the past day.
Technical indicators point to strong demand from spot traders, hinting at the possibility of an extended rally in the short term. This analysis explains why.
Strong Spot Demand Sends TIA Soaring
With today’s trading session already underway, TIA’s Elder-Ray Index has posted a green histogram bar, indicating mounting buying pressure in the market. As of this writing, this indicator, which tracks the strength of buyers and sellers, is at 0.150, its highest value since May 14.
TIA Elder-Ray Index. Source:
TradingView
The Elder-Ray Index measures the strength of buyers and sellers by comparing current prices with an exponential moving average (EMA). When its value is positive, bulls (buyers) dominate the market, and there’s upward pressure on the asset’s price.
Traders view this as a bullish signal and could prompt them to accumulate more TIA coins, increasing the upward pressure on its price.
Further, readings from TIA’s Parabolic Stop and Reverse (SAR) indicator show that it has now formed dynamic support below the coin’s current price level. While TIA trades at $1.64, the indicator forms a support floor for its price at $1.42, indicating sustained interest from buyers.
TIA Parabolic SAR. Source:
TradingView
An asset’s Parabolic SAR indicator identifies potential trend direction and reversals. When its dots are placed under an asset’s price, it indicates it is witnessing bullish momentum, and its price could continue to rally if buying persists.
TIA Bulls Target $2 as Momentum Builds—But Risks Linger
With upward momentum building, TIA could reclaim the key psychological level of $2 soon if the current trend holds. A break above the $2 price level could pave the way for a further rally toward $2.27.
TIA Price Analysis. Source:
TradingView
However, a bearish shift in market sentiment could invalidate this bullish outlook. If selling pressure climbs and demand dips, TIA could shed recent gains and plummet to $1.31.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple-Supported Evernorth Now Possesses a Whopping 261 Million XRP
Securing Massive XRP Treasury Ahead of Nasdaq Public Listing through Armada Acquisition Corp II Merger

Bitcoin and ETH ETFs Lose Ground as Investors Pivot Back to Bitcoin: Is Altseason Over?
Shifting Market Preferences: Over $128 Million Withdrawn from ETH ETFs as Bitcoin Futures Activity Soars to Record Highs

Stablecoin Revolution: When Payments Are No Longer Tied to Banks, How High Is the FinTech Startup Ceiling?
The Federal Reserve is not only exploring stablecoins and AI payments, but also piloting a new proposal called "streamlined master accounts," which would allow qualified companies to directly access the Fed's settlement system. This move could open new doors for fintech innovation.

Trending news
MoreBitpush Daily News Selection: Trump Appoints Michael Selig as US CFTC Chairman; Polymarket CMO Confirms Plans to Launch Native POLY Token and Airdrop; Tether CEO: Tether Plans to Launch US-Compliant Stablecoin USAT in December, Targeting 100 Million US Users
Ripple-Supported Evernorth Now Possesses a Whopping 261 Million XRP
