📈 Analysis and forecast for $TRB : further prospects 🚀
As of May 25, 2025, 08:15 EEST, the exchange rate for $TRB on Binance is $35, with a 15% increase over the last 24 hours. The trading volume for the day is approximately $58.8M, and the market capitalization is $91.5M (with a circulating supply of 2.61M TRB). There is optimism in the market: users are actively discussing the role of Tellor in DeFi and the growing demand for oracles.
Technically, $TRB in a strong uptrend. On the 4-hour chart, the price has broken through the 50-day moving average ($30.5), and the RSI (14) at 68 indicates bullish momentum, close to overbought. Key levels: support — $34, resistance — $38. A breakout above $38 could push the price to $42, but a drop below $34 would increase pressure towards $32.
Forecast: in the short term (until the end of May), TRB could reach $42 if the volume is maintained. By July 2025, a correction to $32 is possible due to overbought conditions, but with positive news, a rise to $50 is realistic. The long-term target for 2026 is $75+, provided the Tellor ecosystem expands and integrates with new blockchains. Fundamentally, TRB benefits from decentralized data and the growing demand in DeFi, although competition with Chainlink remains a challenge.
Further prospects? After a 15% rise and the current price of $35, movement towards $38–$42 is likely. For entry, wait for confirmation above $38. For holders, taking profit is justified as it approaches $42. High volatility and dependence on news require caution — watch the dynamics of BTC and volumes! #TRB #Binance #CryptoAnalysis
