Celestia: new mainnet upgrade deepens selling as price undercuts key support levels
Celestia (TIA) is trading at $0.4698, well below its key moving averages on MA-20 ($0.5833), MA-50 ($0.7324), and MA-200 ($1,4134), signaling strong downward pressure across all time horizons.
Highlights
- Celestia has launched mainnet v6.3.0, laying the foundation for higher throughput with plans to enable 32MB blocks every 6 seconds.
- The upgrade will occur in two phases and requires on-chain governance decisions to finalize critical parameters like bandwidth and block size.
- Node operators must monitor official upgrade channels and track governance and parameter updates independently from the mainnet binary upgrade process.
Mainnet upgrade drives governance focus and operational adjustment risks
Celestia has released the v6.3.0 mainnet, setting the groundwork for higher network throughput and aiming to introduce 32MB blocks on a 6-second interval. The upgrade will proceed in two steps and depends on on-chain governance to adjust key operational parameters such as bandwidth and block size, with operators urged to follow governance and parameter updates separately from the binary upgrade. Further monitoring is recommended as the team highlights the need to track official upgrade communications.
Bearish momentum prevails as oscillators show sellers in control
Momentum indicators reinforce a clear bearish bias, with MACD and ADX on D1 showing strong downward momentum. Oscillators like RSI (31.05), Stoch RSI (0.00), and CCI (–191.91) all flag oversold conditions, but BBP and the Awesome Oscillator both confirm sellers currently dominate the market. The nearest dynamic resistance is the Kijun level from Ichimoku at $0.5885, while support is now defined by recent price lows as there is no immediate Ichimoku support below.
Downside favored as high volatility caps rebound odds near resistance
For the short term, after normalization, the expected volatility band relative to current levels for the next five trading days is $0.4240 to $0.5170. The probability of a further price decrease is very high (more than 80%), while a price rebound is less likely. The baseline scenario sees TIA moving sideways within this defined range. A bullish scenario would require a breakout above the $0.5885 resistance, while a breakdown below $0.4240 would expose further downside as sellers maintain control.
Last time, analysts noted that Celestia (TIA/USD) remained under strong selling pressure, trading below all major moving averages with momentum and oscillator indicators confirming a persistent bearish trend and oversold conditions. Immediate resistance is anchored at $0.6560, support is indeterminate, and further downside risk is high unless there is a decisive reversal in momentum or volume.
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