V9 mainnet upgrade drives Celestia to a 7.18% gain

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Celestia jumps 7.18% after mainnet upgrade

Highlights

Celestia's V9 mainnet upgrade delivers faster transaction confirmations and increases scalability, enhancing the blockchain's appeal and utility.
The upgrade has bolstered user demand for TIA, with performance improvements likely driving increased market interest.
TIA/USD is volatile but consolidating between $0.3845 and $0.4129, with upside breakout favored and momentum indicators showing a bullish tilt overall.

Demand rises amid V9 mainnet launch and enhanced scalability

Celestia has completed its V9 mainnet upgrade, which introduces faster transaction confirmations and boosts network capacity, according to Tronweekly. The upgrade enhances the blockchain's scalability and user experience, making the network more attractive to new and existing users. Improved performance from this upgrade is likely contributing to heightened demand and interest in TIA in the current session.

Buy momentum and mixed signals as key supports hold

On the technical front, TIA/USD is trading below the 20-period moving average, but remains above both the 50- and 200-period moving averages, suggesting support from medium- and long-term trend lines. Immediate support is highlighted by the Ichimoku Kijun at $0.3879. The Moving Average Convergence Divergence (MACD) signals strong buy momentum, while the Average Directional Index (ADX) indicates a bullish bias; however, the Relative Strength Index (RSI) remains in neutral–bullish territory. Oscillators present a mixed picture: the Stochastic RSI is oversold and the Commodity Channel Index (CCI) flashes a sell signal. Bull/Bear Power shows buyers are dominant, while the Awesome Oscillator is neutral, aligning with the session's volatile tone.

Upside favored but volatility to drive short-term consolidation

Over the next two to three trading days, TIA is expected to consolidate within a typical volatility band from $0.3845 to $0.4129. There is a 67% probability of another advance, while a pullback has a 33% likelihood. A consolidation baseline is favored, with the bullish case requiring a break above $0.4129 for further gains, while any slide below $0.3845 would confirm near-term weakness.

Anton Kharitonov, expert at Traders Union, sees Celestia’s V9 mainnet upgrade as a technical catalyst, but remains cautious due to mixed market signals. He notes TIA has buy momentum according to the MACD, yet price is still below key short-term averages and oscillators send conflicting cues. Base case remains consolidation between $0.3845 and $0.4129 unless clear momentum emerges. "Until TIA breaks and holds above $0.4129, I prefer to stay neutral and avoid aggressive positioning."

Earlier, analysts noted that Celestia was exhibiting a shift toward bullish momentum as buyers regained control amid technical strength. The current technical landscape, combined with the successful V9 upgrade, adds a new dimension of fundamental support to this outlook, making a sustained move above $0.4129 the key signal for renewed upside.

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.