Celestia falls further as Everstake withdraws backing from the network

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Celestia drops 7.24% today to $0.3563

Highlights

Everstake will discontinue support and validator operations for Celestia by April 28, 2025, requiring TIA delegators to redelegate or unstake.
This operational exit from a major infrastructure provider adds pressure to the Celestia network amid continued token sell-offs.
TIA trades in a volatile $0.3200–$0.3800 sideways range, with weak trend signals and a higher probability of further downside.

Validator exit raises operational risks as delegators face redelegation deadline

Everstake, a staking infrastructure provider, announced it will end all support for the Celestia network effective April 28, 2025. This action requires TIA token delegators using Everstake's validation services to redelegate or unstake their assets before the mentioned cutoff date. Everstake will cease operating validator nodes on the Celestia mainnet, marking a significant operational change for network participants, though price action has remained under broader selling pressure.

Bullish signals offset by resistance and weak trend momentum

On the technical front, TIA trades above the SMA-20 at $0.3327 and SMA-50 at $0.3291, but remains below the SMA-200 set at $0.5631. The Ichimoku Kijun level ($0.3634) is acting as immediate resistance. Daily MACD signals a buy bias, whereas ADX shows weak trend strength. RSI is 57.14 and CCI stands at 73.17, both indicating mild bullish momentum with no overbought pressure. Stoch RSI and Awesome Oscillator register neutral readings, and Bull/Bear Power is positive at 0.0323. Today’s price ranged between $0.3529 and $0.3682 on high volatility, with persistent intraday selling pressure conflicting with the presence of some residual bullish momentum signals.

Downside bias dominates as sideways range persists and weekly sell signals mount

For the near term, TIA is expected to trade between $0.3200 and $0.3800, reflecting typical volatility relative to current levels. The probability of a significant upside move is low (under 20%), while further decline is more likely due to prevailing weekly sell signals from RSI, ADX, MACD, and all weekly moving averages. The baseline scenario points to a sideways consolidation within the $0.3200 to $0.3800 band. A breakout above $0.3800 would require renewed buying momentum, while a sustained drop below $0.3200 may accelerate losses and confirm a bearish continuation.

Viktoras Karapetjanc, expert at Traders Union, sees TIA holding above key moving averages despite recent volatility and Everstake’s operational change. He believes sentiment remains resilient, with bullish momentum signals offsetting strong selling. Macro factors and institutional presence are still supportive of the network’s long-term potential. Further consolidation is likely unless the $0.3200 support is lost. "If bullish momentum is sustained above $0.3200, I expect TIA to remain constructive and await renewed inflows for a potential move higher."

Earlier, analysts noted that Celestia was exhibiting short-term resilience but remained subject to broader bearish pressures, favoring a period of consolidation amid mixed momentum signals. The latest developments, including Everstake's planned exit and sustained weekly sell cues, reinforce the case for continued volatility and positional caution, with directional clarity hinging on a decisive breakout above $0.3800 or a drop below $0.3200.

Source of Data: TIA Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.