Satoshi

Cryptocurrency

Toncoin

Tellor

Coin

<p>Tellor (TRB), a decentralized oracle platform, has experienced a significant price surge, with its value increasing by 42% in the past 24 hours. According to our analysis, TRB has broken out of a descending channel, signaling strong bullish momentum and the potential for further growth.</p>
<p>The breakout from the descending channel is a key technical indicator that suggests a shift in market sentiment and increased buying pressure. As TRB continues to trade above the channel’s upper boundary, it may attract more investors and traders, further fueling its upward trajectory.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="422" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-71-1024x422.png" alt="" class="wp-image-485797" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-71-1024x422.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-71-300x124.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-71-767x316.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-71-1536x633.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-71-2048x844.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-71-364x150.png 364w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-71-100x41.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-71-849x350.png 849w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-71-788x324.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-71.png 1803w" sizes="(max-width: 1024px) 100vw, 1024px">
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  Source: <a href="https://www.tradingview.com/chart/6kfufI0u/?symbol=BYBIT%3ABONKUSDT" target="_blank" rel="noopener noreferrer nofollow">Tradingview</a>
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<h2 class="wp-block-heading" id="analyst-predicts-massive-move-for-trb-potential-315-increase">Analyst Predicts Massive Move for TRB, Potential 315% Increase</h2>
<p>Javon Marks, a prominent crypto analyst, has recently <a href="https://twitter.com/JavonTM1/status/1786057384651006224" target="_blank" rel="noopener noreferrer nofollow">shared</a> his insights on Tellor’s price action. In a tweet, Marks highlighted that TRB is now displaying major strength after holding a bullish pattern. He predicts that TRB could be preparing for a massive move, potentially increasing by more than 315% to reach $261 or higher.</p>
<p>Marks’ analysis is based on the observation that TRB has successfully held a bullish pattern, which suggests that the cryptocurrency has established a strong foundation for future growth. If TRB continues to follow this pattern and maintains its bullish momentum, it could indeed experience a significant price increase in the coming weeks or months.</p>
<p>According to his chart analysis, the bulls successfully rebounded from a significant support level around $45. He firmly believes that maintaining this level will be sufficient to trigger a price spike. Additionally, after a prolonged upward movement, the price has started to retrace in December. The chart formation indicates that the retracement points may have concluded, signaling the imminent arrival of a major spike.</p>
<p>It is worth noting that yesterday’s bullish spike was the longest observed since January, demonstrating a surge in trading volume associated with the optimism for an extended upward trend.</p>
<p><strong>Also read: <a href="https://captainaltcoin.com/top-analyst-reveals-leading-cryptocurrency-gainers-in-non-empty-wallet-growth-toncoin-ton-and-dogecoin-doge-take-the-lead/" target="_blank" rel="noopener noreferrer nofollow">Top Analyst Reveals Leading Cryptocurrency Gainers in Non-Empty Wallet Growth: Toncoin (TON) and Dogecoin (DOGE) Take the Lead</a></strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="624" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-72-1024x624.png" alt="" class="wp-image-485805" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-72-1024x624.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-72-300x183.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-72-767x467.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-72-1536x935.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-72-2048x1247.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-72-246x150.png 246w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-72-100x61.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-72-575x350.png 575w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-72-788x479.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
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<h2 class="wp-block-heading" id="tellor-s-price-performance-and-market-sentiment">Tellor’s Price Performance and Market Sentiment</h2>
<p>Over the past 24 hours, Tellor has exhibited a wide trading range, with a low of $47.97 and a high of $77.70.&nbsp;</p>
<p>The 43.41% price increase in the past 24 hours has also contributed to a growing positive market sentiment around Tellor. As more investors become aware of TRB’s bullish potential, it may attract additional capital, further supporting its price growth.</p>
<p>With Tellor’s impressive 42% price surge, breakout from the descending channel, and analysts predicting a potential 315% increase, the cryptocurrency appears to be well-positioned for further growth.</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-tellor-trb-price-up-by-42-this-could-be-the-beginning-of-massive-upward-spikes/" rel="noopener noreferrer nofollow">Why Is Tellor (TRB) Price Up By 42%? This Could Be the Beginning of Massive Upward Spikes</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why Is Tellor (TRB) Price Up By 42%? This Could Be the Beginning of Massive Upward Spikes

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