Elena R
With the rising bullish sentiment, the cryptocurrency market has displayed a positive price action for the second straight day, highlighting an increase in the buying-over-selling pressure in the crypto space. Moreover, with the price of Ethereum holding its value above $3K, altcoins have regained momentum.
Moreover, mid-cap altcoins have recorded the highest gains with top tokens recording double-digit gains over the past day, indicating increased price action in the crypto space.
Planning to invest in TIA and UOS crypto tokens but concerned about their future prospects? Scroll down as, in this article, we have covered the price analysis and potential short-term price targets of these altcoins.
Celestia (TIA) Price On The Verge Of A Major Breakout!
Following the ongoing market turmoil, the TIA price has recorded a jump of 7.79% in valuation within the past day with a trading volume of $255.948 Million, a change of +25.08%. Moreover, the altcoin has surged 16.77% over the past week, indicating an increase in the bullish action.
The Simple Moving Average (SMA) has recorded a bullish curve in its 1D price chart, suggesting increased positive sentiment for the Celestia crypto in the market.
The technical indicator, MACD, displays a constant rise in the green histogram, indicating an increase in the buying-over-selling pressure in the crypto space. Moreover, the averages record a bullish pattern, suggesting the TIA price will continue gaining value this week.
If the market continues to trade under a bullish influence, the Celestia price will prepare to test its upper resistance level of $10.640 this month. Conversely, a bearish price action could pull the TIA coin price toward its low of $4.850.
Ultra (UOS) Price Displays A Strong Bullish Reversal:
Amid increased bullish price action in the crypto space, this Ethereum-based altcoin has recorded a surge of approximately 12% within the past day. Moreover, with a market cap of $39.058 Million, the UOS price has successfully claimed the 587th position in the global crypto list.
The Relative Strength Index (RSI) has displayed a sharp rise in its price chart, indicating increased price action for the UOS crypto. Furthermore, the average displays a bullish curve above its oversold range, highlighting an increase in the bullpower.
If the bulls continue to gain power over the bears, the Ultra price will prepare to test its resistance level of $0.15740 during the upcoming weeks. However, if the bears regain momentum, this altcoin will prepare to test its crucial support level of $0.07880.
