The cryptocurrency Celestia (TIA) rallied over 12% to approximately $0.34, driven by tightening spot supply and rising demand ahead of its Hibiscus V7 mainnet upgrade in mid-March. This price expansion is characterized by improving participation rather than impulsive speculation, with key metrics like negative exchange netflows and buyer-dominated spot flow supporting the move. However, TIA remains within a broader consolidation range, requiring a sustained break above the $0.3688 resistance level to signal a decisive structural shift.
The cryptocurrency Celestia (TIA) surged more than 12% to trade around $0.34 as traders responded to tightening spot supply and rising demand. This activity unfolded ahead of the mid-March Hibiscus V7 mainnet upgrade, which introduces interoperability and validator-level changes.
Price expansion occurred alongside improving participation rather than impulsive speculation. The market has begun pricing in expectations around the upcoming network upgrade.
TIA continues trading within a clearly defined range while pressing against the $0.3688 resistance level. A sustained hold above this level would expose the broader $0.4500 zone, which previously acted as a major distribution area.
The Relative Strength Index climbed toward approximately 59 on a 4-hour timeframe, reflecting strengthening bullish pressure without signaling exhaustion. This indicator has remained above its midline during recent pullbacks, indicating buyers have maintained control.
Celestia’s Spot Netflow remained negative at approximately -$254.50K, signaling continued exchange outflows during the rally. This figure indicates that tokens are leaving centralized venues rather than preparing for distribution.
Reduced exchange balances often limit immediate sell pressure, which helps price sustain gains during demand increases. Outflows have remained consistent instead of spiking abruptly, which reinforces stability.
The 90-day Spot Taker CVD has flipped decisively into buyer dominance, confirming aggressive market participation. This shift shows buyers actively lifting offers instead of waiting passively at lower levels.
Such behavior often accompanies early trend transitions rather than late-stage moves. When combined with negative spot netflow, this dynamic suggests tightening supply meets rising urgency.
