{"id":221342,"date":"2023-12-30T20:10:21","date_gmt":"2023-12-30T14:40:21","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=221342"},"modified":"2023-12-30T20:10:21","modified_gmt":"2023-12-30T14:40:21","slug":"is-it-safe-to-buy-tellor-trb-token-after-a-3200-rally-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/is-it-safe-to-buy-tellor-trb-token-after-a-3200-rally-crypto-news\/","title":{"rendered":"Is It Safe to Buy Tellor (TRB) Token after a 3200% Rally? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-171789\">\n<p>\nThe rising Tellor token price is poised for a minor pullback to recuperate the exhausted bullish momentum.\t\t\t\t<\/p>\n<p>&lt;!&#8211;<\/p>\n<div class=\"marketThumbs\">\n             <img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"578\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/B0xGRmEl-e1703946269882.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"TRB price\" \/><\/div>\n<p>&#8211;&gt;<\/p>\n<p class=\"MarketsUp f-14 d-block\">  Published 10 mins ago <\/p>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400\">The Tellor (TRB) token, a decentralized oracle protocol, has shown remarkable resilience and recovery in the past two weeks, successfully navigating through market uncertainties. This resurgence began at $73 and has since soared by 236%, reaching a remarkable $247.5. This upturn was marked by the breach of a long-anticipated cup and handle pattern, signaling a pivotal trend reversal. Despite this, a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/tellor-tributes-trb-price-hits-new-ath-amid-whale-action-2000-rally-in-2023\/\">recent analysis<\/a> by a crypto expert on the Cilinix Crypto YouTube channel raised concerns about potential market manipulation, advising caution for new investors in this asset.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/analyst-unveils-investment-potentials-of-bitcoin-ethereum-other-altcoins\/\">Top Crypto Analyst Compares Investment Potentials Of Bitcoin (BTC) &amp; Ethereum (ETH)<\/a><\/p>\n<h2><b>Is TRB Price Heading to $300?<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The rising TRB price could face potential supply pressure at $285, followed by $300<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The positive alignment in daily EMAs(20, 50, 100, and 200) reflect an bullish trend sentiment<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The intraday trading volume in TRB is $165.4 Million, indicating a 26% loss.<\/span><\/li>\n<\/ul>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" alt=\"Tellor (TRB) Token\" width=\"1946\" height=\"937\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/b\/B0xGRmEl.png\" \/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/b\/B0xGRmEl.png\" alt=\"Tellor (TRB) Token\" width=\"1946\" height=\"937\" \/><figcaption class=\"wp-caption-text\">Tellor (TRB) Token| TradingView Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">In the broader context of a bullish crypto market and heightened buyer accumulation, the Tellor token price embarked on a robust recovery in late August. Starting at $9.2, the coin\u2019s value skyrocketed by 3268%, currently trading at $248.2.\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400\">This period also saw the development of a renowned bullish reversal pattern, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/cup-and-handle-pattern-how-to-identify-and-take-leverage-of-it\/\">Cup-and-Handle<\/a>, often observed at major market lows and indicative of strong buyer accumulation and the onset of a new uptrend.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span style=\"font-weight: 400\">On December 21st, the TRB price broke above the neckline resistance of this pattern at around $142, further fueling market demand. According to this chart pattern, the TRB price might climb an additional 15%, reaching a prospective target of $286.8.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">If the recovery extends, the coin could potentially reach as high as $430.<\/span><\/p>\n<h2><strong>Crypto Analyst Warns For Market Manipulation<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">The present market sentiment for Tellor token is overwhelmingly positive, yet sustaining a rally of this magnitude typically requires backing by significant developments or news. A recent analysis on the Cilinix Crypto YouTube channel shed light on Tellor\u2019s impressive rally. The analyst acknowledged the coin\u2019s robust price performance and solid fundamentals, such as the increase in open interest and funding rates. However, they raised concerns about indications of market manipulation involving Tellor across various exchanges. <\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"WHAT IS GOING ON WITH TRB?\ud83d\udea8 | TELLOR (TRB) PRICE PREDICTION &amp; NEWS 2023!\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/5q48Erfeckc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><iframe loading=\"lazy\" title=\"WHAT IS GOING ON WITH TRB?\ud83d\udea8 | TELLOR (TRB) PRICE PREDICTION &amp; NEWS 2023!\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/5q48Erfeckc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span style=\"font-weight: 400\">Consequently, there\u2019s a possibility that the TRB price might experience a slight retraction, potentially finding reliable support levels at either $200 or $165.<\/span><\/p>\n<ul>\n<li><b>Exponential Moving Average (EMA): <\/b><span style=\"font-weight: 400\">The 20-day <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/exponential-moving-average-how-to-leverage-it-in-crypto-market\/\">EMA<\/a> slope could provide robust corrective support to the TRB price.<\/span><\/li>\n<li><b>The Average Direction Index: <\/b><span style=\"font-weight: 400\">The daily ADX slope at 54% reflects the likelihood of buyers losing momentum and a possible significant correction<\/span><\/li>\n<\/ul><\/div>\n<div class=\"MarketBottm\">\n<div class=\"Socilsm\">\n<p>\n                    Share this article on:<\/p>\n<div class=\"LinksSo\">\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/share\/url?url=https:\/\/coingape.com\/markets\/is-it-safe-to-buy-tellor-trb-token-after-a-3200-rally\/&amp;text=Is It Safe to Buy Tellor (TRB) Token After a 3200% Rally?\" class=\"TeleS\"><i class=\"fa fa-paper-plane-o\" \/><\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/is-it-safe-to-buy-tellor-trb-token-after-a-3200-rally\/\" data-action=\"share\/whatsapp\/share\" class=\"TeleSwp\"><i class=\"fa fa-whatsapp\" \/><\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/share?url=https:\/\/coingape.com\/markets\/is-it-safe-to-buy-tellor-trb-token-after-a-3200-rally\/\" class=\"tw_new_logo\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" class=\"mb-1\" alt=\"coingape\" width=\"18\" height=\"18\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" \/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"18\" height=\"18\" \/><br \/>\n<\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/coingape.com\/markets\/is-it-safe-to-buy-tellor-trb-token-after-a-3200-rally\/\" class=\"TeleSFb\"><i class=\"fa fa-facebook\" \/><\/a>\n                    <\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA171789\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n&lt;!&#8211;<\/p>\n<div class=\"getAuthoname\"><\/div>\n<p>&#8211;&gt;<\/p>\n<p>Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&amp;d=mm&amp;r=g\" \/><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&amp;d=mm&amp;r=g\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" \/>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD171789\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>     &lt;!&#8211;           <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/category\/price-analysis\/\" class=\"closeArticle2 close-btn\">Close Story<\/a>&#8211;&gt;<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The rising Tellor token price is poised for a minor pullback to recuperate the exhausted bullish momentum. &lt;!&#8211; &#8211;&gt; Published 10 mins ago The Tellor (TRB) token, a decentralized oracle protocol, has shown remarkable resilience and recovery in the past two weeks, successfully navigating through market uncertainties. This resurgence began at $73 and has since [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":221343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-221342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/221342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=221342"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/221342\/revisions"}],"predecessor-version":[{"id":221345,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/221342\/revisions\/221345"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/221343"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=221342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=221342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=221342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}