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The Tellor price has surged 25% in the last 24 hours to trade at $52.18 as of 7:15 a.m. EST on a 176% surge in daily trading volume to $269 million.
Tellor Price Sports A Robust Recovery After 40% Retrace
The TRB/USDT chart shows that the asset has been on a solid uptrend, climbing from a low of $30.21 late last month to a yearly high of $67.86 before heavy profit-taking kicked in, sending the token price down 40% to $39.20.
However, since then, bulls have taken over, pushing the price higher to its current level of $51.80. The candlesticks are showing some serious buying pressure as the price approaches the 0.382 Fibonacci retracement level at $53.50
TRBUSDT Analysis: Source: Tradingview
Tellor Price Ready To Move Higher
Technical indicators show Tellor price is ready for a move higher as the 0.786 Fib level provided a robust bouncing pad for the asset.
The Relative Strength Index (RSI) is currently at 63.10, approaching overbought territory (above 70). TRB might be overheated in a short while from now, so a quick pullback to the $44.61 support (0.618 Fib) would not be a shocker. But if the Bulls keep the momentum, the TRB price will not slow down anytime soon.
The Moving Average Convergence Divergence (MACD) also looks favorable, with the MACD line (blue) starting to cross above the signal line (orange), which provides additional confirmation that the trend is strong.
What’s more, the Chaikin Money Flow (CMF), which shows whether capital is flowing into or out of an asset, is at -0.05. Though negative, the CMF is headed upward, showing selling pressure on TRB is reducing, and bulls are stepping in.
If the market remains bullish, TRB could easily reach $91.19 by the end of June, representing a 75.62% increase from current levels.
Under 12 Days Left To Grab Solaxy (SOLX) Presale – $43.9M Raised
As the Tellor price flexes its bullish muscles toward a new yearly high, investors are clamoring to get in on the Solaxy (SOLX) presale, which has soared to within a whisker of $44 million in funding in its presale, which will come to an end in less than 12 days.
Solana is renowned for its lightning-fast transactions and low fees, making it a preferred choice for DeFi, NFTs, and meme coins. But when the network gets busy, it can result in failed transactions or slowdowns.
Solaxy is Solana’s first-ever Layer 2 solution, designed to make the network smoother and cheaper to use using rollup technology to process transactions off-chain, bundle them up, and settle them on Solana’s mainnet.
🚨 Hey Solaxy Community it’s here.
The Solaxy Testnet is LIVE. Your first chance to interact with Solana’s first Layer 2 and experience the speed, scale, and simplicity Solaxy brings. 🔥⚡️
🔗 Connect via Backpack Wallet:https://t.co/FBrV3FohC8
You can:
– Bridge SOL (Solana… pic.twitter.com/FQY9AIwSdx— SOLAXY (@SOLAXYTOKEN) June 2, 2025
The Solaxy team isn’t just talking big, they’re delivering. Their testnet is now live, complete with a block explorer that allows users to track transactions in real-time. They have also launched the Solaxy Testnet Bridge, letting users move SOL between Solaxy and Solana’s devnet.
They are also working on a bridge to Ethereum, blending Solana’s speed with Ethereum’s deep liquidity. This could open doors for new apps in gaming, DeFi, and beyond.
Another game-changer is the Igniter Protocol, a no-code launchpad that lets SOLX holders create their own tokens. It’s like Solana’s Pump.fun but faster and cheaper, and looks set to spark a new wave of projects on Solaxy’s Layer 2.
These are key reasons why popular YouTube channel 99Bitcoins, with over 723K subscribers, predicts that SOLX has the potential to soar 100X once it launches.
Investors can stake SOLX for a dynamic 92% annual percentage yield (APY), making it a lucrative deal for early buyers. Over 12.5 billion SOLX tokens have already been staked.
Currently, SOLX tokens are priced at just $0.001746 each and can be bought with crypto or a bank card.
Interested investors have less than 12 days left to join one of the most successful presales of the year.
Visit the Solaxy Website to learn more.
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