{"id":516345,"date":"2024-05-03T12:28:52","date_gmt":"2024-05-03T12:28:52","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=516345"},"modified":"2024-05-03T12:28:52","modified_gmt":"2024-05-03T12:28:52","slug":"is-it-too-late-to-buy-trb-crypto-tellor-price-soars-43-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-trb-crypto-tellor-price-soars-43-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy TRB Crypto? Tellor Price Soars 43% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Tellor price soared 43% in the last 24 hours <\/span>to trade at $67.32<\/a> as of 03:05 a.m. EST on trading volume that skyrocketed 1,353% to $508 million.<\/span><\/p>\n

Tellor Price Set To Capitalize On The Rounding Bottom Pattern To Push The Price Even Higher<\/h2>\n
\"Tellor
TRBUSD Chart Analysis Source: Dexscreener.com<\/figcaption><\/figure>\n

The Tellor price has been on a downward price movement in March, with the price movement trending within the falling wedge pattern to the $79 support level. However, the price negated the bullish notion introduced by the wedge, which saw the price fall to the $44 support.<\/p>\n

The TRB price then used the $44 support to push the price higher above the resistance around 79, forming a rounding bottom pattern. A rounding bottom pattern acts as an encouragement for the bulls to push the price higher above.<\/p>\n

TRB is trading above the 50-day SMA, which confirms the short-term price movement to the upside. If the TRB price remains strong enough, the bulls could surpass the 200-day SMA at $80.<\/p>\n

Moreover, the Relative Strength Index (RSI) is trading above the 50-midline level, currently at 53. A sustained bullish stance could push the RSI over to the 70-overbought region, indicating intense buying pressure.<\/p>\n

The Average Directional Index (ADX) is also trading at 25, a signal the Tellor price is on a strong bullish trend.<\/p>\n

Tellor Price Prediction<\/h2>\n

The Tellor price analysis on the 1-hour chart shows a bullish bias. The TRB price bulls are set to capitalize on the formation of the falling wedge pattern and the rounding pattern to push the price above to target $116 in the long-term.<\/p>\n

In addition, the ADX and the RSI could offer optimistic investors the necessary bullish prospects likely to push the price even higher.<\/p>\n

In an inverse scenario, if the bears utilize the death cross around $115, they could push the price down to the next support around $59, which coincides with the 50-day SMA.<\/p>\n

Meanwhile, as the Tellor price surges, investors are piling into $DICE as it hurtles past $700k in funds raised.<\/p>\n

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Mega Dice Presale Races Past $700K – The Next Promising Alternative<\/h2>\n

Mega Dice (DICE)<\/a> has recently introduced the $DICE token through its ongoing presale. The Solana-based online casino allows users to play games, bet on sports, and earn rewards using its native token, $DICE.<\/p>\n

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Why should you consider joining the $DICE<\/a> presale? 👇 pic.twitter.com\/nTtNHgrqDC<\/a><\/p>\n

— Mega Dice Casino (@megadice) April 30, 2024<\/a><\/p><\/blockquote>\n