$TRB Current TRB Price Overview (2025-05-28)
As of today, May 28, 2025, Tellor (TRB) is trading at $49.14, reflecting a 28.69% surge in the past 24 hours . The token has shown strong bullish momentum, with a 24-hour trading range between $40.66 and $56.13, indicating high volatility .
Key Market Metrics
Market Cap: $130.99M (+28.70%)
24-Hour Volume: $518.88M (+539.02%)
Circulating Supply: 2.66M TRB
The Fear & Greed Index stands at 71 (Greed), signaling strong investor optimism . TRB Price Prediction for the Next 24 Hours
Technical indicators suggest that TRB may continue its upward trend in the next 24 hours, but with possible short-term corrections
Short-Term Forecast (May 29, 2025)
Predicted Price: $43.25 (a -12% pullback from current levels) .
Potential Resistance Levels:
$53.15 (key breakout point)
$62.13 (next resistance if bullish momentum continues) .
Support Levels:
$47.36 (if a correction occurs, this is a critical hold)
$40.66 (strong support from today’s low) .
Technical Indicators
Relative Strength Index (RSI): 76.73 (overbought) – Suggests a possible short-term pullback before another rally .
Moving Averages (MA):
50-Day SMA: $30.03 (bullish crossover)
200-Day SMA: $43.99 (support level) .
Exponential Moving Averages (EMA): All major EMAs (10, 20, 50, 100, 200) indicate a strong buy signal .
What’s Driving TRB’s Price Surge?
1. Increased Demand for Oracles: Tellor’s decentralized oracle network is gaining traction in DeFi, boosting TRB’s utility .
2. Market Sentiment: The broader crypto market is in a bullish phase, with Bitcoin and Ethereum leading the charge.
3. Exchange Activity: TRB’s trading volume surged 539% in 24 hours, indicating strong speculative interest .
Should You Buy TRB Now?
Short-Term Traders: A pullback to $47–$43 could present a buying opportunity before the next leg up.
Long-Term Investors: If TRB breaks $53.15, it could target $62+ in the coming days .
