Tyrion.finance Outlook: TYRION Springs 28% – Could It Be The Next DeFi Gem?

Updated: 27 September 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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Tyrion.finance (TYRION) price left shorts ecstatic after a 40% slump on September 26.

But then the price surged almost 70% to record an intra-day high of $0.01064. At the time of writing, TYRION is valued at $0.009302, still bullish, and trailed by the Parabolic SAR at $0.005270.

Meanwhile, there is an interesting development on the Tyrion.finance network, well-earned after such a stellar performance. In a recent post on social media platform X, the token has secured listing on CoinMarketCap.

https://twitter.com/tyrionfinance/status/1706964905218240643

This listing is a show of legitimacy for the project. It also points to the project being traded on at least two cryptocurrency exchanges that are, in turn, recognized on CoinMarketCap, according to Listing Agency. The development is a value addition to the mission of Tyrion.finance, as indicated in our previous article, to decentralize the $377 billion digital advertising industry.

Tyrion.finance Price Outlook

The outlook for Tyrion.finance remains bullish despite a 10% retraction from the aforementioned intraday high. The Relative Strength Index (RSI) shows that momentum remains strong. Its position at 61 shows that there is still more room for the upside. The trajectory of the Moving Average Convergence Divergence (MACD) increases the odds for a continued climb. It shows more buyers are still coming in.

This outlook is reflected by the deep green shade of the histogram bars of the MACD. It indicates that bulls dominate the market. In fact, they have since September 25.

Meanwhile, the 9-day Exponential Moving Average (EMA) and its associated Smoothed MA at $0.0078665 and $0.007693 trailing the Tyrion.finance offer an additional layer of support. With this outlook, TYRION could extend its gains beyond the $0.010000. In a highly bullish case, the gains could see the altcoin clear the range high marked by the aforementioned intra-day high of $0.01064.

On the other hand, if early profit-taking kicks in, the uptrend could be cut short, potentially sending Tyrion.finance south. While a break below the $0.006805 support level would be a big loss, invalidation of the bullish outlook would only happen upon a break and close below the $0.002252 support floor.

Meanwhile, there is a new player in the presale market, TGC, the ticker for the TG.Casino. It’s touted as the “World’s number one Telegram Casino.”

TYRION Alternative

TG.Casino presents gambling enthusiasts and hobbyists a chance to participate in the casino exclusively online. It is a fully licensed platform with a 100% guarantee of user safety. The project is more than just a casino, working as a well-architectured ecosystem with the capability to give back to its players through constant rewards using the TGC token.

Though the project is still in the nascent stages of the presale, it’s already amassed more than $223 million in token sales. This represents around 22% of the soft cap target of $1,000,000.

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— TG Casino (@TGCasino_) September 20, 2023

The TG.Casino project has a staking function in place, with Annual Percentage Yields (APY) as high as 1,989.17%, according to the website.

There are multiple benefits associated with joining the T.G Casino, including special rewards rewarded exclusively once TG.Casino goes live on Telegram. It is imperative to note that there will not be any other chance to buy TGC at current low rates, meaning now is the time to act.

More interestingly, when you invest more than $5,000 USD in the TGC presale, you can get exclusive non-fungible tokens (NFT) among other rewards after the project goes live. Buy TGC using Ethereum (ETH) or Tether (USDT) stablecoin for a chance to get in on the action.

$TGC presale is your gateway to exclusive rewards and benefits. Get in early and stake to take advantage of the early APY. ⌛️ pic.twitter.com/LH3Zl0lrZy

— TG Casino (@TGCasino_) September 21, 2023

You do not need to do any KYC verifications or link your wallet to participate in the TG.Casino gambling project. The process is easy, requiring that you only deposit your funds, with the option to withdraw at any time.