Ethereum

Nothing

Resistance

Tellor

Gains

<p>Tellor’s native token, TRB, has seen a significant price surge over the past few days with a 30% surge today and 40% in the last few days. This comes after major resistance levels were broken, leading some analysts to predict further inevitable gains.</p>
<h2 class="wp-block-heading" id="recent-listing-sparks-interest">Recent Listing Sparks Interest</h2>
<p>Earlier this week,<a href="https://twitter.com/PolynomialFi/status/1735651292847219180?t=2zAXuu1yLK2DlMpMd3q03Q&amp;s=19" target="_blank" rel="noopener noreferrer nofollow"> Polynomial Protocol</a> announced a new market listing for TRB on their trading platform. According to their tweet, traders can now trade TRB perpetually with up to 25x leverage. This new listing likely sparked additional interest and volume for the token.</p>
<h2 class="wp-block-heading" id="technical-analysis-predicts-further-gains">Technical Analysis Predicts Further Gains</h2>
<p><a href="https://twitter.com/LudaJaba/status/1738156189832110151?t=utCvZl_6oGq0WvkMYO3krw&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Crypto analyst Densons</a> recently posted a bullish technical analysis on TRB. He noted that global resistance has been broken and retested. As he states: “Coming to first target inevitably with 99.99% probability.”</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="643" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2023/12/image-620-643x1024.png" alt="" class="wp-image-404774" srcset="https://captainaltcoin.com/wp-content/uploads/2023/12/image-620-643x1024.png 643w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-620-188x300.png 188w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-620-768x1224.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-620-964x1536.png 964w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-620.png 1285w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-620-94x150.png 94w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-620-100x159.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-620-220x350.png 220w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-620-788x1255.png 788w" sizes="(max-width: 643px) 100vw, 643px">
</figure>
<blockquote class="wp-block-quote">
 <p><em>“$TRB #TRB #TRBUSDT global resistance broken and retested, coming to first target inevitably with 99.99% probability. (Potential of 24.15%)” – Densons</em></p>
</blockquote>
<p>Based on his chart, the broken resistance turned support is at $165. The first target is $200, and if that level breaks, the second target is $250. With TRB presently trading around $169, this analysis suggests significant upside still lies ahead.</p>
<p>However, it’s important to exercise caution when following such analyses. Nothing is certain, and readers should do their own research before making investment decisions based purely on technical predictions. Crypto markets remain highly volatile.</p>
<p>Still, with technical and fundamental factors aligning positively for Tellor at the moment, analysts feel confident in projecting further upwards momentum for TRB in the near-term. But where the price ends up next remains to be seen.</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-tellors-trb-surging-major-resistance-broken-price-is-inevitably-going-to-this-level-next/" rel="noopener noreferrer nofollow">Why Is Tellor’s TRB Surging? Major Resistance Broken, Price Is ‘Inevitably’ Going to This Level Next</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why Is Tellor’s TRB Surging? Major Resistance Broken, Price Is ‘Inevitably’ Going to This Level Next

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