📈 Analysis and forecast for $TRB : further prospects? 🚀
As of June 7, 2025, 20:25 EEST, the price of $TRB on Binance is $50.51, with a growth of 9.87% over the last 24 hours. The trading volume for the day is about $51.10M, and the market capitalization is $246.04M (with a circulating supply of 2.56M tokens). The increase is related to interest in Tellor and its role in DeFi oracles.
Technically, $TRB is showing bullish momentum. On the 4-hour chart, the 50-day SMA is rising, and the 200-day SMA is stabilizing, indicating an upward trend. The RSI (14) is around 60, signaling a neutral zone, while the MACD confirms moderate upward movement. Key resistance is at $53; a break above may push the price to $58. A drop below $48 would increase pressure to $45.
Forecast: by the end of June, TRB may reach $53–$58 if volumes are maintained. By July 2025, a pullback to $48 is possible if the market corrects. By the end of the year, the target is $70–$85, provided the Tellor ecosystem grows. The long-term potential for 2026 is $100+, if the project strengthens its position in DeFi. Fundamentally, $TRB is attractive due to decentralized data, but volatility is a risk.
Further prospects? The price of $50.51 is close to the resistance of $53, and an RSI of 60 indicates potential growth. A 9.87% increase in 24 hours is a signal to take profits at $53–$58. Set a stop-loss at $48. Posts on X indicate a bullish sentiment but advise monitoring volumes. Trade cautiously and keep an eye on the news! #TRB #Binance #CryptoAnalysis
