TRB price prediction 2024-2030: Will Tellor reach $500?

By Cryptopolitan_News
23 days ago
2024 2024 DEFI WHEN TRB

Key takeaways:

  • Our Tellor price prediction anticipates a high of $104.32 by the end of 2024.
  • In 2025, it will range between $125.57 and $154.22, with an average price of $130.05.
  • In 2030, it will range between $846.04 and $1,005, with an average price of $875.60.

The volatility of crypto prices has led to the fragility of the DeFi market and massive automatic liquidations in future positions. TRB price predictions can vary, but here’s the main thing: further developments could push the value of Tellor TRB higher.

Overview

Cryptocurrency Tellor
Ticker TRB
Market cap $18,859,581
Trading volume $11,113
Circulating supply 247 T
All-time high $0.000004029 on Dec 23, 2021
All-time low $0.00000006477 on Aug 5, 2024
24-hour high $0.00000007742
24-hour low $0.00000007605

Tellor price prediction: Technical analysis

Metric Value
Volatility (30-day variation) 13.79%
50-day SMA $68.67
200-day SMA $90.51
Sentiment Neutral
Fear and greed index 48 (Neutral)
Green days 15/30 (50%)

Tellor price analysis

As of the time of writing (August 25), TRB’s price has dropped by 1.66% over the past 24 hours, trading at approximately $0.000000076. The cryptocurrency has a market capitalization of $18 million and a trading volume of $11,116, which has dropped by 68%.

TRB/USD 1-day chart

TRB/USD 1-day chart. Image source: TradingView

The attached Tradingview chart shows that TRB has been bearish in 2024, with high market volatility.

The bulls have established a strong buy wall at the $53.03 mark, preventing a strong negative breakout, which is evident by the slowing positive momentum shown by the MACD indicator.

Tellor technical analysis: Levels and action

Daily simple moving average (SMA)

Period Value ($) Action
SMA 3 68.20 BUY
SMA 5 70.28 BUY
SMA 10 63.16 BUY
SMA 21 61.91 BUY
SMA 50 68.67 BUY
SMA 100 84.89 SELL
SMA 200 90.51 SELL

Daily exponential moving average (EMA)

Period Value ($) Action
EMA 3 59.57 BUY
EMA 5 58.16 BUY
EMA 10 57.78 BUY
EMA 21 60.36 BUY
EMA 50 69.09 BUY
EMA 100 78.40 SELL
EMA 200 84.47 SELL

What to expect from TRB price analysis next

The combination of technical indicators and chart analysis suggests that the Tellor coin is neutral, with support at $53.03.

Moreover, the William Alligator trendlines, which measure volatility, are widening, indicating rising price volatility.

Is TRB a good investment?

TRB’s was bearish despite a bullish run in January, reaching a high of $262.36. Explore Cryptopolitan’s price prediction to learn about the coin’s trajectory from 2024 to 2030.

Why is TRB down?

TRB is trading at its lowest this year; the crypto market capitalization has also dropped significantly. The drop in TRB value could be attributed to the general market sentiment. 

Will TRB recover?

The Tellor platform continues registering new partnerships, raising hopes for token holders. This factor suggests a recovery when market sentiment changes. 

Will TRB reach $100?

According to the Cryptopolitan price prediction, TRB will cross the $100 mark in 2024. 

Will TRB reach $500?

According to the Cryptopolitan price prediction, TRB will cross the $500 mark in 2029, when it will reach a maximum price of $706.33.

Will TRB reach $1000?

According to the Cryptopolitan price prediction, TRB will cross the $1,000 mark in 2030, when it will reach a maximum price of $1,005.

Does Tellor have a good long-term future?

According to Cryptopolitan price predictions, TRB will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.

Recent news

Tellor has partnered with Venofinance to alleviate the DeFi experience on the Cronos blockchain.

TRB price prediction September 2024

For September, TRB will trade between $50.32 and $79.94, with an average price of $71.30.

Month Potential low ($) Potential average ($) Potential high ($)
September 50.32 71.30 79.94

TRB price predictions 2024

As the second half of 2024 unfolds, we anticipate it will trade between $47.52 and $104.32, with an average price of $71.30.

Year Potential low ($) Potential average ($) Potential high ($)
2024 47.52 71.30 104.32

Tellor price predictions 2025-2030

Year Potential low ($) Potential average ($) Potential high ($)
2025 $125.57 $130.05 $154.22
2026 $178.83 $185.33 $220.05
2027 $264.52 $271.93 $314.16
2028 $403.92 $414.80 $470.53
2029 $570.33 $591.07 $706.33
2030 $846.04 $875.60 $1,005

Tellor price prediction 2025

The Tellor price prediction for 2025 is a high of $154.22. It will reach a minimum price of $125.57 and an average price of $130.05.

Tellor price prediction 2026

The Tellor price forecast shows it will range between $178.83 and $220.05, with an average price of $185.33.

Tellor price prediction 2027

Tellor price prediction climbs even higher into 2027. According to the predictions, it will range between $264.52 and $314.16, with an average price of $271.93.

Tellor price prediction 2028

Our Tellor price prediction indicates a further acceleration in the price. It will trade between $403.92 and $470.53 and have an average of $414.80.

Tellor TRB price prediction 2029

According to the TRB coin price prediction for 2029, the price of TRB will range from a minimum of $570.33 to a maximum of $706.33, with an average of $591.07.

TRB priceprediction 2030

According to the Tellor price prediction for 2030, TRB’s price will range from $846.04 to $1,005, with an average price of $875.60.

TRB price prediction 2024-2030: Will Tellor reach $500?

Tellor price prediction 2024 – 2030

Tellor market price prediction: Analysts TRB price forecast

Firm 2024 2025 2026
Digitalcoinprice $153.72 $181.30 $253.62
Bitget $115.85 $115.85 $110.06

Cryptopolitan’s TRB price prediction

Our predictions show that Tellor will achieve a high level of $104.32 in 2024. In 2025, it will range between $125.57 and $154.22, with an average price of $130.05. In 2030, it will range between $846.04 and $1,005, with an average of $875.60. Note the predictions are not investment advice. Seek independent consultation or do your research.

Tellor historic price sentiment

Tellor historical price movements. Image source CoinStats

  • When Tellor was first listed on Binance, its price started shooting up slowly, reaching $75 in August 2020.
  • After a correction in the fall of the same year, TRB briefly traded around $20-$25. 
  • Its price started to rise again in January 2021, reaching ~$60, but a major technical failure in February sent it tumbling back down to around $35 and even lower.
  • TRB spiked after Tellor’s listing on Coinbase in early May 2021, reaching a spectacular $123.76 on May 10. TRB’s price dropped by late June, falling to a low of $33 in July. 
  • In 2022, it broke resistance at $60, but later, it corrected with the year closing, as the coin was traded at $12. 
  • The drop continued until August 2023, when it started recovering.
  • The recovery and preceding ull run saw the coin reach its all-time high at $216.74 on Jan 1, 2024.
  • It later corrected and trades at $70 mark.
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