Token

2024

Million

Tellor

The Tellor price has surged 8.2% over the last 24 hours to trade at $68.84 as of 4:30 a.m. EST.&nbsp;
The TRB price has also soared almost 30% this week, coinciding with a spike in its Total Value Locked (TVL) to more than $5 million on May 3.
<img decoding="async" class="alignnone size-full wp-image-516770" src="https://insidebitcoins.com/wp-content/uploads/2024/05/Screenshot-2024-05-04-113830.png" alt="" width="1364" height="828" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/Screenshot-2024-05-04-113830.png 1364w, https://insidebitcoins.com/wp-content/uploads/2024/05/Screenshot-2024-05-04-113830-300x182.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/Screenshot-2024-05-04-113830-1024x622.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/Screenshot-2024-05-04-113830-768x466.png 768w" sizes="(max-width: 1364px) 100vw, 1364px">
Tellor (TRB) TVL Chart | Source: <a href="https://defillama.com/protocol/teller#information" rel="noopener noreferrer nofollow">DefiLlama</a>
<h2 id="span-style-font-weight-400-tellor-price-prediction-trb-s-bullish-scenario-span">Tellor Price Prediction: TRB’s Bullish Scenario</h2>
Looking at Tellor price charts, we see it is forming a “Bullish Pennant” pattern, typically a continuation pattern. This pattern emerged after a significant upward movement (the flagpole), followed by a consolidation phase forming a converging triangle. The price consolidation within a narrowing range, marked by converging trendlines, generally anticipates a potential breakout upwards.
If TRB breaks above the pennant on increased volume, it could indicate a continuation of the prior upward trend. A breakout above the pennant often results in a move at least the height of the preceding flagpole, potentially targeting new highs beyond the $80.00 mark.
On the other hand, the Woodies CCI shows two lines oscillating around a zero line, which helps identify the cyclical turns in price. The lines are near the zero mark, suggesting a neutral to slight bullish sentiment as the price consolidates within the pennant.
<img decoding="async" class="alignnone size-full wp-image-516769" src="https://insidebitcoins.com/wp-content/uploads/2024/05/Apex_1714812261144.png" alt="" width="2538" height="1334" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/Apex_1714812261144.png 2538w, https://insidebitcoins.com/wp-content/uploads/2024/05/Apex_1714812261144-300x158.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/Apex_1714812261144-1024x538.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/Apex_1714812261144-768x404.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/05/Apex_1714812261144-1536x807.png 1536w, https://insidebitcoins.com/wp-content/uploads/2024/05/Apex_1714812261144-2048x1076.png 2048w" sizes="(max-width: 2538px) 100vw, 2538px">
1-hour TRB/USD Chart | Source: <a href="https://www.tradingview.com/symbols/TRBUSD/" rel="noopener noreferrer nofollow">TradingView</a>
<h2 id="span-style-font-weight-400-tellor-price-prediction-trb-s-bear-case-span">Tellor Price Prediction: TRB’s Bear Case</h2>
Conversely, if the Tellor price fails to break above the pennant and instead breaks below the lower trendline, it could signal a reversal or a deeper correction. A drop below the pennant and subsequent breach of the $44.00 support might trigger further sell-offs, potentially driving prices toward lower support levels not visible on the current chart.
Looking at other indicators, we see the MFI (Money Flow Index) is currently around 37.59, which indicates neither overbought nor oversold conditions. It supports the consolidation phase typically seen in a pennant pattern. However, its sharp southern trajectory could suggest increasing selling pressure which supports the bear prospects.
Meanwhile, with the Tellor price direction looking uncertain, the world-first AR/VR crypto <a href="https://insidebitcoins.com/visit/5thscape" rel="noopener noreferrer nofollow">5thScape</a> has surged past $5.7 million in funds raised in its presale.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 The market cap of both ai/gaming can easily get to 100-120 bil in the next year. A 3-4x from here.
 There will be countless 20-30x coins that make runs from 10-30 mil to 300-1 bill.
 We will see multiple 40% pull backs n boring periods . Chill. Do nothing.
 — Alex Becker 🍊🏆🥇 (@ZssBecker) <a href="https://twitter.com/ZssBecker/status/1769364446005092604?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 17, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="span-style-font-weight-400-a-promising-alternative-span">A Promising Alternative</h2>
5thScape is breaking new ground by combining crypto technology with VR/AR.
<span style="background-color: color(srgb 1 1 1); color: color(srgb 0.120353 0.120353 0.120353); font-family: __Inter_46a1ea, __Inter_Fallback_46a1ea, system-ui, arial; font-size: medium; white-space-collapse: preserve;">5thScape says its virtual reality environment enables users to visualize complex market data, play thrilling games, attend virtual conferences, and interact with digital currencies in ways that traditional interfaces cannot replicate.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 🎮 Calling all VR and MMA aficionados! Get ready to be blown away as 5thScape is about to redefine virtual combat with "MMA Cage Conquest" – a game that thrusts you into the heart-pounding world of MMA in VR. 🥊
 🌟 Brace yourselves for the "MMA Cage Conquest" launch on the Meta… <a href="https://t.co/MHbKgKHIxb" rel="noopener noreferrer nofollow">pic.twitter.com/MHbKgKHIxb</a>
 — 5th Scape (@5th_scape) <a href="https://twitter.com/5th_scape/status/1786353006411121116?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 3, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Its VR games offer everything from heart-pounding adventures to mind-blowing cricket and soccer, all with an immersive and unforgettable gaming experience. It also promises enriching educational content, mesmerizing animations and blockbuster movies.
At the center of the 5thScape platform is the project’s crypto token, 5SCAPE, which offers users access to a range of utility-reach features and provides a single medium of exchange that can be used to move value easily in the ecosystem, including for buying games and staking.
Crypto analyst and YouTuber Michael Wrubel, with 312k subscribers, says he’s bullish on 5SCAPE.
<iframe title="5th Scape: Why I Am BULLISH On 5SCAPE" width="640" height="360" src="https://www.youtube.com/embed/Nz_190EY_zA?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
5SCAPE will list at the price of $0.01 per token, which means that buying now at only $0.00327 locks in gains of almost 206% by the time of launch.
If you are interested to buy 5SCAPE, do so now before an imminent 15% price increase.
<a href="https://insidebitcoins.com/visit/5thscape" rel="noopener noreferrer nofollow">Get your 5SCAPE tokens here</a>.
<h2 id="span-style-font-weight-400-related-news-span">Related News</h2>
<ul>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/the-vr-industry-is-all-set-to-receive-a-massive-boost-thanks-to-5th-scape-5scape" rel="noopener noreferrer nofollow">The VR Industry Is All Set To Receive A Massive Boost Thanks to 5th Scape (5SCAPE)</a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/if-you-believe-in-the-future-of-ar-vr-5th-scape-5scape-is-the-best-project-to-invest-in" rel="noopener noreferrer nofollow">If You Believe In The Future Of AR/VR, 5th Scape (5SCAPE) Is The Best Project To Invest In</a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/5th-scape-unlocks-unmatched-vr-adventures-with-token-presale-why-investors-shouldnt-miss-the-opportunity" rel="noopener noreferrer nofollow">5th Scape Unlocks Unmatched VR Adventures With Token Presale – Why Investors Shouldn’t Miss the Opportunity</a></li>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/what-crypto-presale-quick-guide-getting-ground-floor-new-calsona-mwpve" rel="noopener noreferrer nofollow">What is a Crypto Presale? A Quick Guide to Getting in on the Ground Floor of New Cryptocurrencies!</a></li>
</ul>

Tellor Price Prediction: TRB Pumps 8.2% As This World-First AR/VR Crypto ICO Charges Towards $6 Million

Inhaltsverzeichnis

Inside Bitcoins

Weitere Artikel, die am 4. Mai 2024 veröffentlicht wurden

Synthetix Founder Kain Warwick Shares Crucial Fundraising Advice for New Crypto Teams

Pepe Coin Price Prediction – Is the Recent 27% Growth of $PEPE Signaling the Recovery of Meme Coins?

Sui Network Celebrates First Anniversary

Friend.tech Prepares for Version Two Launch and Airdrop, but Leaked Smart Contract Raises Controv...

Bitcoin Outperforms Amazon and Google with 12,464% Growth

Crypto Prices Today May 4: Bitcoin Rallies Past $63K As ETF Inflows Regain Momentum

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!