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The Celestia price surged 17% in the last 24 hours to trade at $6.4184 as of 00:21 a.m. EST on trading volume that skyrocketed 128% to $338 million.
This comes after Celestia Foundation announced that it had raised $100 million in an investment round. After this large-scale investment led by Bain Capital Crypto, TIA, the native token of Celestia, rose to a monthly high of $6.42.
Announcing $100M in new fundraising, bringing the total raised to $155M.
With Celestia underneath ✨, developers can deploy high-throughput, unstoppable applications with full-stack customizability.https://t.co/gOdTLqV353
— Celestia (@CelestiaOrg) September 23, 2024
The core developers are focused on implementing the recently unveiled roadmap.
Celestia Price Set For A Bullish Trend Continuation
The Celestia Price went on a downtrend from August 24 to September 9, trading from the $6.18 resistance to the support around $3.9, according to data from GeckoTerminal.
This support then allowed the bulls to take control of the price, as the price of Celestia soared back to the resistance zone, forming a rounding bottom pattern.
TIA then invalidated the bullish prospects of the pattern, as it dropped back to the $5.2 support and back to the resistance, completing a cup and handle pattern.
The Celestia price bulls aim to capitalize on the pattern to push the price even further, as TIA now trades above both the 50-day and 200-day Simple Moving Averages (SMAs).
Moreover, the Relative Strength Index (RSI) is currently rebounding from below the 50-midline level as it soars up, currently at 64 and still soaring, which is an indication that the asset is under intense buying pressure.
The bullish trend is also affirmed by the Moving Average Convergence Divergence (MACD), which is moving above the neutral line.
Celestia Price Prediction
The Celestia price analysis shows that TIA is currently on a bullish trend, as the bulls capitalize on the cup and handle pattern to stage a bullish trend continuation.
If the trend continues, the bulls may push the price even further, as they currently target $9.0.
In an inverse scenario, if the bears take control of the price at this level, TIA could plunge back to $4.86, which acts as a formidable support.
As the Celestia price soars, investors are also rushing to buy the new GameFi project Mega Dice (DICE), which has only a little more than five days left in its presale.
$DICE Launch on Raydium 🚀
We’re excited to share that $DICE will officially launch on Raydium DEX on September 30th at 15h00 CET! 🎉
Get ready for the next big step in #GameFi on #Solana as we bring you unparalleled opportunities and exciting rewards, including exclusive… pic.twitter.com/qvAND54tbk
— Mega Dice Casino (@megadice) September 20, 2024
Mega Dice Heads For $2 Million – Next 100X Crypto?
Mega Dice, a GameFi project operating on the Solana network, has raised over $1.87 million.
The established casino brand has over 11,000 active users who lock in more than $50 million in bets each month, and the platform offers over 4,000 games and over 50 sports and eSports betting options via its user-friendly interface.
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Spin the reels at Mega Dice… pic.twitter.com/FgR33wnOb9
— Mega Dice Casino (@megadice) July 22, 2024
According to 99Bitcoins, a prominent crypto channel on YouTube, $DICE has the potential to surge 100X after its launch.
Token holders also stand to share in the casino’s profits daily through its unique staking system.
To join the presale, you can buy $DICE on the official website here for $0.116056 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.
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