FxWirePro- TIAUSD Daily Outlook

Celestia is a modular data availability (DA) network that securely scales with the number of users, making it easy for anyone to launch their blockchain.

Celestia Blockchain details-

Blockchain time- 15 seconds

Transaction Speed-  0.19 seconds

Transaction fees- $0.01.

Recent News

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.

Any daily close above $8 confirms further bullishness.

TIAUSD showed a minor pullback today from a low of $3.72. The pair holds well above the short-term (21 and 55 EMA) and long-term moving average. It hit a high of $6.90 and is currently trading around $6.16.

The bullish invalidation can happen if the pair closes below $3.70. On the lower side, the near-term support is $5.20. Any break below target $4/$3.70. Any violation below $3.70 targets $2.

The immediate resistance stands at around $6.25. Any breach above confirms bullish continuation. A jump to$6.60/$7.23/$8  is possible. A surge past $8 will take it to $10.

It is good to buy on dips around $5.65-70 with SL around $3.70 for TP of $10.