Tellor Price Prediction: Can TRB Price Rise to $150 in 2024?

Key Takeaways:

• Tellor TRB price appears to be stuck within a steep bearish range, as the token has been printing consecutive bearish candles for the past few days
• Regardless of being more keen on the upcoming bullish action, the current trade setup suggests a more declining trend could follow
• Technicals are approaching the lower support, and hence, a prolonged descending consolidation seems to be imminent 

Tellor(TRB) Overview as of January 23, 2024

Tellor Technical Analysis

Source: Tradingview

• Ever since the TRB price broke the consolidation phase, it has been trading within a megaphone pattern 
• After facing rejection from the upper resistance, the trade is close to testing the lower support, expecting a bullish rebound
• As the technicals are lenient towards the bears, more decline beyond the support may be expected, where the 200-day MA may act as a last line of defense
• With the RSI heading towards the lows, the price is expected to test the interim support, trigger a bullish rebound, and head towards the resistance, which may be broken upon a contact

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TRB Price Prediction 2024-2030

Tellor Price Prediction January 2024

Tellor price triggered a massive downward trend since the first day of January, which has continued till now. Currently, the price has been printing consecutive bearish candles, which suggests a bearish trajectory for the rest of the month. With this, the TRB price could close the monthly trade within a range between $95 to $98.

Tellor Price Prediction February 2024

The bearish momentum might weaken after ending the month on a bearish note, leading to a slight upswing. Prices could rise slightly above $105, testing the strength of the bearish market. By the month’s end, it is predicted that Tellor TRB price may fluctuate between $108.5 and $112.

Tellor Price Prediction March 2024

As the trade heads toward the end of the first quarter, the token may witness a slight increase, potentially pushing the price beyond $125. However, it may approach a significant resistance point around $130, attracting bearish forces that could bring the price back below $125. By the end of the month, it’s projected that the TRB price will hover between $123.5 and $128.5.

Tellor Price Prediction April 2024

As April begins, there’s significant optimism in the market regarding the Bitcoin halving. Consequently, it is expected that Tellor price will surpass $150, sustaining an upward trajectory for an extended period. The price is anticipated to fluctuate between $152.5 and $155 by the end of the month.

Tellor Price Prediction May 2024

The month is likely to kick off with a continuation of the bullish trend, with the token consistently achieving higher highs and lows. On the flip side, bearish activity may remain subdued, with prices experiencing moderate declines. Consequently, by the month’s end, it is anticipated that the TRB price will hover between $168 and $170.

Tellor Price Prediction June 2024

As the first half of the month concludes, traders may anticipate an increase in volatility. However, the price is expected to persist within a limited range, unable to surpass the critical resistance at $175. Consequently, by month-end, the price is likely to remain within the established range of $158 to $160.

Tellor Price Prediction July 2024

As the second half of the year begins, traders are anticipated to gain increased confidence in the upcoming trend. This optimism could swiftly drive prices beyond $175, with limited bearish activity. By month-end, the TRB price is projected to fluctuate between $184 and $186.

Tellor Price Prediction August 2024

A bullish sentiment is anticipated to persist in the market since the start of the month. The TRB price is poised to continue its healthy upward movement, surpassing the crucial threshold at $195.By the conclusion of the month, the TRB price is expected to fluctuate within the range of $192 to $198.

Tellor Price Prediction September 2024

The bullish momentum is set to strengthen, propelling the price to heights unseen in the last couple of years. Consequently, the TRB price is anticipated to persist in forming consistent higher highs, ultimately reaching the significant range of $205 to $210 by month-end.

Tellor Price Prediction October 2024

In past quarters, the markets have shown a strong bullish trend, and as October trading begins, the ongoing bull run is anticipated to gain further momentum. At month’s end, the TRB price is predicted to fluctuate between $220 and $255, to surpass $250 shortly.

Tellor Price Prediction November 2024

Tellor price is thought to have sustained a sharp upward trajectory since the month’s start, swiftly surpassing the $240 mark. Consequently, the price is expected to amplify its upward momentum, reaching a range of $255 to $258 before the month concludes, albeit likely remaining below the $260 mark.

Tellor Price Prediction December 2024

In the concluding weeks of 2024, the price may witness a substantial surge in trade, surpassing some crucial levels and trading in the range of $265 to $270. Consequently, the price is projected to conclude the year trading within a consolidated range of $288 to $292, following a climb to around $298.

Tellor Price Prediction 2025

• The market will likely experience a strong positive trend, pushing prices upward.
• TRB price may reach its highest point, ranging from $310 to $325, in the middle of the second quarter, followed by a slight dip.
• By the year’s end, the TRB price may decrease by 20% to 25% from its peak, settling in the range of $180 to $190.

Tellor Price Prediction 2026

• The correction that began recently might persist, marked by increased selling pressure and intensity.
• Expect TRB price to consistently test lower levels, with the rally experiencing steady declines in both highs and lows.
• By the year’s end, anticipate the ETC price to be 65% to 70% lower than its peak, trading in the range of $135 to $138.

Tellor Price Prediction 2027

• The price is expected to consistently move downward throughout the year, indicating the current presence of a bear market.
• The inability of bulls to sustain levels above interim support may result in the price dropping to lower targets, potentially ranging from $115 to $118.
• While an immediate bullish rebound may not occur, a potential stop in the bearish trend is expected, with the year-end price projected to trade between $110 and $115.

Tellor Price Prediction 2028

• As Bitcoin gains momentum from the start of the year, a similar positive movement is expected for altcoins, including TRB.
• By the end of the first half of the year, the price may experience a noticeable upward trend, aiming to reclaim previously lost levels.
• This surge could push the TRB price above $140 initially and conclude the year’s trading within the range of $145 to $152.

Tellor Price Prediction 2029

• Tellor’s price is expected to begin 2029 positively, maintaining a level above $200.
• Initial increments could propel the price beyond $300, reaching new highs of $333 to $380 by the end of the third quarter.
• The year-end projection suggests a trading range between $450 and $570, with no significant interference from strong bearish trends.

Tellor Price Prediction 2030

• The positive trend from the final weeks of 2029 is set to trigger a substantial upward movement from the start of 2030.
• The upward momentum will strengthen further as trading progresses, targeting higher levels as a short-term goal.
• By the beginning of the fourth quarter, there is anticipation that the TRB price could surpass $650, aiming for a year-end target of $850.

Will the Tellor(TRB) Price Rise Again in 2024?

Although the TRB price is stuck within a bearish trend, technical indicators suggest that the price is likely to remain high until the end of 2024.

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