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Dalmas Ngetich
Jul 8, 2022
by Dalmas Ngetich

Tellor Technical Analysis: Rallies 21% as TRB Spring from $10

Tellor Technical Analysis

Table of contents

  1. Past Performance of Tellor
  2. Tellor Technical Analysis
  3. What to Expect from TRB?
Tellor bulls are upbeat, and TRB coin prices up 21 percent on the last trading day. Buyers are in control as long as $10 primary support holds.

Past Performance of Tellor

The Tellor token is one of the top-performing assets from the daily chart, adding 21 percent in the last trading day alone. Thus far, the coin has support at $10 and edging higher with relatively high trading volumes suggesting developing demand. With TRB crypto bulls taking over and bottoming from June 2022 lows, traders may find entries to buy on every attempt lower.

Tellor Technical Analysis

Tellor TRB Daily Chart for July 8

TRB token bulls are in charge at spot rates. With prices bottoming up from $10, there can be entries for loading the dips with targets at June 2022 highs at $20 in the medium term.

In the daily chart, there are clear higher highs. Most importantly for buyers, Tellor token prices are beginning to align with the upper BB as Stochastic rises from the oversold territory. The surge in trading volumes and the volatility increase combine to support ambitious buyers. Therefore, from the current setup, TRB crypto buyers are in control as long as prices are trending above $10.

What to Expect from TRB?

Bulls are currently in control, and TRB technical analysis reveals that the coin is solid above $10. Optimistic buyers can buy on every dip targeting $20 or June 2022 highs. Further gains may lift the coin towards April 2022 highs.

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Tellor Technical Analysis: Rallies 21% as TRB Spring from $10
Dalmas Ngetich
Dalmas has been passionate about the blockchain and crypto space ever since he’s heard about it. As someone who’s been closely following the trends in the crypto space, Dalmas is excited about what lies ahead in this niche and is all set to explore it. While he’s been advocating crypto adoption for a number of years, he’s himself a HODLer, which makes his voice authoritative and credible.

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