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Celestia's network upgrade sparks 10% price gain amid mixed futures and strong spot demand.

Technical Signals
05 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

Celestia's v9.0.4 network upgrade on July 1st triggered a 10.12% price increase and doubled daily trading volume to $59.5 million, driven by renewed spot market interest. Despite this, futures traders remained cautious, favoring sell orders, which contrasted with the bullish spot demand that absorbed selling pressure. Technical analysis shows Celestia approaching a key resistance level near $0.4045, with a potential breakout target around $0.50 if the neckline is surpassed. Positive funding rates and improving chart patterns suggest continued optimism, though futures market skepticism persists.

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