Celestia's native token, TIA, is showing strong recovery signals after weeks of price compression, with its current price hovering around $0.96. A clear falling wedge pattern has emerged, which analysts identify as a reliable indicator of an impending bullish breakout. This pattern, developing since late October, suggests the potential for a 62% price surge to approximately $1.56 if resistance between $1.00 and $1.10 is breached with high volume, possibly by mid to late November.
Despite recent price weakness, fundamental progress in Celestia's ecosystem remains robust. The modular blockchain design, which separates data availability from execution, continues to attract integrations, such as Ethereal's mainnet alpha launch in late October and Bitwise Europe's introduction of a regulated staking ETP. These developments highlight Celestia's growing role in scaling infrastructure, with adoption expanding across projects like Dymension, Manta, and Polygon CDK.
Network usage metrics are trending upward, indicating accumulation by long-term investors, even as the broader crypto market shows mixed sentiment, reflected in a Fear and Greed Index of 34 (Fear). Celestia's market cap stands at around $1.35 billion with a circulating supply of 727 million TIA, positioning it as a closely watched mid-cap project. If the breakout fails, support near $0.73 could be tested, but the overall outlook is optimistic, fueled by seasonal rallies and increasing developer interest in modular solutions.
