The Tellor (TRB) token, a decentralized oracle protocol, has shown remarkable resilience and recovery in the past two weeks, successfully navigating through market uncertainties. This resurgence began at $73 and has since soared by 236%, reaching a remarkable $247.5. This upturn was marked by the breach of a long-anticipated cup and handle pattern, signaling a pivotal trend reversal. Despite this, a recent analysis by a crypto expert on the Cilinix Crypto YouTube channel raised concerns about potential market manipulation, advising caution for new investors in this asset.
Also Read: Top Crypto Analyst Compares Investment Potentials Of Bitcoin (BTC) & Ethereum (ETH)
Is TRB Price Heading to $300?
The rising TRB price could face potential supply pressure at $285, followed by $300
The positive alignment in daily EMAs(20, 50, 100, and 200) reflect an bullish trend sentiment
The intraday trading volume in TRB is $165.4 Million, indicating a 26% loss.
Tellor (TRB) Token| TradingView Chart

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