Tellor (TRB) continues to see a bullish run, with the token’s price surging over 280% this month. TRB has successfully surpassed the $150 mark and is now trading well above its 20-day EMA barrier. The token has been on a rally, unaffected by the uncertainties in the crypto market. TRB is currently trading at $274.46, with a 11.89% intraday gain, and the trading volume has increased by 27.78% to $159.63 million. Analysts predict that the rally will continue, with the next target being the $300 mark.
On the daily chart, TRB has approached a bullish trajectory, aiming to surpass the $300 mark in the next session. The Relative Strength Index (RSI) is above 80 in the overbought zone, indicating outperformance, and the MACD indicator has shown a bullish crossover, further supporting the notion of TRB reaching $300.
On the weekly chart, TRB has experienced a massive breakout, surpassing the 52-week high and climbing over 60% in the last week. The cup and handle pattern has been breached, and buyers have overcome supply zones and hurdles.
In summary, TRB has reached a fresh 52-week high and is steadily climbing towards the $300 mark. Technical indicators suggest that buyers are accumulating, and the token is set for further gains. However, it is important to note that investing in cryptocurrencies carries a risk of financial loss.
Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial advice. Investing in cryptocurrencies involves risks, and individuals should conduct their own research before making any investment decisions.