#TRBUSDT #TRB #TradingSignals #binance

⛅️Tellor Technical Analysis (TRB) - June 17, 2024

Current price: $102.54 (Binance)
24h volatility: +1.46%
24h trading volume: $31.47M
Market cap: $262.6M
Market ranking: #317

📈Analysis:
Trend in brief: Neutral price action. TRB price has turned down after moving to the $93.97 horizontal level but is still above the 200-day moving average.
Moving average:
50-day moving average: $97.05 (downward sloping)
100-day moving average: $93.88 (downward sloping)
200-day moving average: $89.38 (upward sloping)
Indicator:
Relative Strength Index (RSI): 54.38 (neutral)
Oscillation: 22.87 (neutral)
MACD: The signal line crosses below the signal line, showing a downtrend.

🚨My analysis: We can wait for TRB to return to the $89-82 range to buy and wait for a strong growth to break through this bull flag. As my expectation, the price may reach a new peak in 2024.

📈📈🔥🔥

🗞️News:
Tellor's (TRB) capitalization skyrocketed more than 70%. What is the driving force behind this growth?
https://stockbiz.vn/tin-tuc/von-hoa-cua-tellor-trb-tang-vot-hon-70-dong-luc-nao-dang-sau-su-tang-truong-nay/25125613…
Tellor Tributes TRB price prediction today - BeInCrypto Vietnam https://localfresnonews.com/category/cryptocurrency/…
Tellor (TRB) Price Hits 2.5-Year High: Will It Continue Toward $100?
https://coinmarketcap.com/currency/tellor/…

👉Conclude:
Technical analysis for TRB finds a short-term neutral bias. The price has dropped to the $93.97 horizontal level but is still above the 200-day moving average. Indicators are also showing neutral signals.
News on Tellor is mostly positive, with price increases predicted in the long term. However, it should be noted that the cryptocurrency market is highly volatile and TRB prices can change unexpectedly.