Tellor has witnessed a remarkable 41% surge in the last week, demonstrating robust upward price momentum, and an impressive 215% increase over the past month.
In the past 24 hours, the value of the digital currency Tellor (TRB) has experienced a meteoric surge, rallying by 39% from its previous low of $178 to achieve an intraday peak of $247. At the current press time, TRB is actively trading at approximately $242.
The recent surge in price adds to Tellor’s upward momentum over the last month. With a gain of 41% in the past week and an impressive 215% over the last 30 days, the coin is demonstrating substantial and sustained growth.
In a video analysis published yesterday, the analyst from the Cilinix Crypto YouTube channel offered perspective on Tellor’s recent rally. While noting the coin’s positive price action and fundamentals, including rising open interest and funding rates, the analyst cautioned that Tellor exhibited signs of manipulation across several exchanges.
However, the analyst sees room for further upside, with attention focused on resistance in the $250-$260 range. Emphasizing that a definitive breach above this zone could ignite a sustained rally toward $300, the analyst acknowledged the looming possibility of manipulation and cautioned that a sudden reversal might occur at any moment.
At some point in time, which is why I’m refraining from trading it, there’s an anticipation of an impending crash. The uncertainty lies in whether it occurs at $260, $300, or even $400; such specifics remain unknown.
