{"id":224916,"date":"2024-01-06T19:01:06","date_gmt":"2024-01-06T13:31:06","guid":{"rendered":"https:\/\/dripp.zone\/news\/crypto-price-prediction-for-january-6-tia-akt-sei-crypto-news\/"},"modified":"2024-01-06T19:01:09","modified_gmt":"2024-01-06T13:31:09","slug":"crypto-price-prediction-for-january-6-tia-akt-sei-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-price-prediction-for-january-6-tia-akt-sei-crypto-news\/","title":{"rendered":"Crypto Price Prediction For January 6: TIA, AKT, SEI &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-172616\">\n<p>\nCrypto Price Prediction: The US SEC nearing its decision to approval spot Bitcoin ETFs continues to spark bullish sentiment across the market\t\t\t\t<\/p>\n<p><!--\n     \n\n<div class=\"marketThumbs\">\n             <noscript><img width=\"1200\" height=\"800\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Top-cryptocurrencies-to-buy-in-2022-to-get-returns-in-2023.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Crypto Price Prediction\" decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Top-cryptocurrencies-to-buy-in-2022-to-get-returns-in-2023.jpg 1200w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Top-cryptocurrencies-to-buy-in-2022-to-get-returns-in-2023-300x200.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Top-cryptocurrencies-to-buy-in-2022-to-get-returns-in-2023-768x512.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Top-cryptocurrencies-to-buy-in-2022-to-get-returns-in-2023-150x100.jpg 150w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Top-cryptocurrencies-to-buy-in-2022-to-get-returns-in-2023-272x182.jpg 272w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/noscript><\/div>\n\n\n--><\/p>\n<p class=\"MarketsUp f-14 d-block\">  Published 12 seconds ago <\/p>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400;\">Crypto Price Prediction: On Saturday, the crypto market painted a red picture with the majority of the major witnessing a minor downtick. By press time, the global cryptocurrency market cap has decreased by 2.12% to $1.63 trillion, with a 24-hour trading volume down 18.43% to $65.21 billion.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span style=\"font-weight: 400;\">However, as per the latest development on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/analyst-predicts10-btc-price-jump-post-spot-bitcoin-etf-approval\/\">Spot Bitcoin ETFs<\/a>, The U.S. Securities and Exchange Commission (SEC) is moving closer to potential approval as indicated by the recent acceptance of filings from major asset management firms. On January 5th, amendments under Rule 19b-4 were filed for spot Bitcoin ETF applications which are considered one of the final stages in the SEC approval process<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, it is important to note that the completion of S-1 documents is still required for the actual listing of these securities.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/EricBalchunas\/status\/1743388368094756929?s=20\">Bloomberg ETF Analyst Eric Balchunas<\/a> recently shared on the X(formerly Twitter) platform his positive outlook about the SEC potentially greenlighting a Bitcoin ETF in the coming week. However, Balchunas emphasizes the need for official confirmation from the SEC before considering it a done deal.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">Yeah, it\u2019s basically done. The latest I\u2019m hearing (from multiple sources) is that final S-1s are due 8 am on Monday as the SEC is trying to line everyone up for the Jan 11th launch. That said, I still want to hear it from the SEC to call it official<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">Amidst a week of significant <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/where-will-bitcoin-price-head-in-january-2024-50k-or-35k\/\">volatility in the crypto market<\/a>, certain tokens like Akash Network (AKT), Celestia (TIA), and Sei (SEI) have consistently exhibited bullish trends. This suggests they possess a stronger potential for recovery once positive market sentiment resumes.<\/span><\/p>\n<h2><b>Is Celestial(TIA) Price Heading to $20?<\/b><\/h2>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\" Celestial(TIA) Price\" width=\"1946\" height=\"937\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/t\/tn6ePQLO.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/t\/tn6ePQLO.png\" alt=\" Celestial(TIA) Price\" width=\"1946\" height=\"937\"\/><\/noscript><figcaption class=\"wp-caption-text\">Celestial(TIA) Price| TradingView Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Amid the 3rd January sell-off in the crypto market, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/what-is-a-celestia-coin\/\">Celestial coin price<\/a> shows significant resilience and sustainability above the $94 mark. A resulting reversal from this level surged the coin price 84% within two days to reach a high of $17.29.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the 4-hour time chart, this rally teases a bullish breakout from the 3-week-long broadening wedge pattern, indicating the buyers\u2019 efforts to lead a higher recovery. However, the breakout was short-lived as the increasing uncertainty in the crypto market plunged the TIA price back to $16.15, projecting a fake breakout scenario.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While this bull trap should accelerate the selling pressure, the buyers may find an opportunity to counterattack at the combined support of $14.2 and 38.2% Fibonacci retracement level. A bullish reversal pattern at this support would encourage buyers to rechallenge the last swing high of $17.3 which may prolong a rally to $20.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span style=\"font-weight: 400;\">The 20-day <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/exponential-moving-average-how-to-leverage-it-in-crypto-market\/\">EMA<\/a> acts as a dynamic support to buyers amid the current pullback<\/span><\/p>\n<h2><b>Multiple Support Prepare SEI Price Rally to $1\u00a0<\/b><\/h2>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"SEI Price\" width=\"1946\" height=\"937\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/8\/8jwzjJym.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/8\/8jwzjJym.png\" alt=\"SEI Price\" width=\"1946\" height=\"937\"\/><\/noscript><figcaption class=\"wp-caption-text\">SEI Price| TradingView Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Over the past three weeks, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/sei-price-dips-amid-panic-selling-how-will-sei-fare-in-2024\/\">SEI coin price<\/a> has shown sustainable growth under the influence of an ascending trendline. Obtaining dynamic support from this trendline, the coin price has soared from $0.22 to a recent high of $0.88, registering a growth of 290%.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, amid the increasing uncertainty in the crypto market, the SEI coin price has witnessed another correction from the aforementioned high which led it back to the $0.64 mark. The sellers are currently trying to obtain suitable support at the confluence of the ascending trend line 38.2% Fibonacci Retracement Level and the $0.627 mark.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0Sustaining above the support would reflect the indication of uptrend continuation, which could surpass the last swing high resistance of $0.88 to hit the $1.00 psychological level.<\/span><\/p>\n<h2><b>Repetitive Pattern Sets Akash Network Coin Price For 16.8% Surge<\/b><\/h2>\n<figure style=\"width: 1815px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Akash Network Coin Price\" width=\"1815\" height=\"836\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/9\/9Ssbk9ZJ.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/9\/9Ssbk9ZJ.png\" alt=\"Akash Network Coin Price\" width=\"1815\" height=\"836\"\/><\/noscript><figcaption class=\"wp-caption-text\">Akash Network Coin Price| TradingView Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Amid the broader market sentiment, the Akash network coin entered an aggressive recovery trend in mid-October 2023 when the price rebounded from the $0.74 mark. Within the past three months, the coin has surged nearly 322% to reach the current trading price of $3.15 mark.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A look at the Daily time frame Charts shows this rally has formed a repetitive pattern of a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/bull-flag-pattern-in-crypto-meaning-and-how-to-identify\/\">bullish flag<\/a>, which offers buyers an opportunity to recuperate exhaustive bullish momentum for the next push.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On January 3rd, an AKT price provided a similar breakout from the flag pattern, indicating the continuation of the recovery trend. Under a favorable scenario, this recovery should prolong another 16.86% to reach a potential target of $3.6.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">An uptick in the upper boundary of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/bollinger-band\/\">Bollinger Bands indicator<\/a> reflects the bullish momentum is aggressive.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><strong>Related Articles:<\/strong><\/p>\n<p><noscript><link rel=\"stylesheet\" id=\"quads-style-css-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/quick-adsense-reloaded\/includes\/gutenberg\/dist\/blocks.style.build.css?ver=2.0.72.1\" type=\"text\/css\" media=\"all\"\/><link rel=\"stylesheet\" id=\"dscf7-math-captcha-style-css\" href=\"https:\/\/coingape.com\/wp-content\/plugins\/ds-cf7-math-captcha\/assets\/css\/style.css?ver=6.3.2\" type=\"text\/css\" media=\"1\"\/><link data-minify=\"1\" rel=\"stylesheet\" 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class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD172616\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>     <!--           <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/category\/price-analysis\/\" class=\"closeArticle2 close-btn\">Close Story<\/a>--><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Price Prediction: The US SEC nearing its decision to approval spot Bitcoin ETFs continues to spark bullish sentiment across the market Published 12 seconds ago Crypto Price Prediction: On Saturday, the crypto market painted a red picture with the majority of the major witnessing a minor downtick. By press time, the global cryptocurrency market [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":219771,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-224916","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/224916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=224916"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/224916\/revisions"}],"predecessor-version":[{"id":224917,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/224916\/revisions\/224917"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/219771"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=224916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=224916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=224916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}