Bitcoin price is holding steady at $70,700 in the early hours of the day, and we are about to enter the halving month. April will start on Monday. According to calculations made today, the Bitcoin block reward halving will occur on April 20th, and the new supply entering the market will be cut in half. So, how much could Celestia (TIA) Coin be worth in the expected rise of April?
Celestia (TIA)
Firstly, the expectation of a rise in April does not definitively mean prices will increase, and the crypto market loves surprises. Historical data suggests new peaks in the markets with halving, but the previous all-time high (ATH) was not something promised by historical data. Nor was it a low below the peak of the previous cycle, but we have seen it in this cycle.
Now let’s look at Celestia, which has recently entered our lives and is believed to have high potential because it is the first time the bull market has seen it. The price of TIA Coin was $14.4 at the time of writing this article. Funding in futures is positive, meaning traders predominantly expect a rise.
The MACD is signaling more increases. The price of BTC is also expected to test $73,777 soon, so TIA Coin could embark on its anticipated journey to new heights in April.
How Much Will TIA Coin Be Worth?
Celestia‘s price has significantly recovered from a 28% drop recorded in mid-March. With optimism for an upward movement, the price climbing to $18, roughly $4 above the current price, seems possible in April.
However, according to Santiment data, the weighted sentiment for TIA Coin has shifted to the negative zone, posing a barrier to the rally. If this negativity prevails, we might see this altcoin retreat to $11.5, along with the loss of the $13.08 level in April. Losing key support could shelve the rise scenario.
But what if the rally accelerates? There is a zone at $18.6, where intense profit-taking has been observed above $18. If TIA Coin can surpass this area in a strong rally, it will target the ATH level of $21.12 on the Binance exchange. A move beyond this could continue into the $28-$30 range.
