$TRB If you're thinking about buying or selling, here are a few important things to consider. The RSI (Relative Strength Index) is around 49.58, which is neutral, meaning the market is neither overbought nor oversold. The MACD is also in the negative zone, indicating a slightly bearish trend. The moving averages are mostly showing sell signals, suggesting the market is weak right now.
Market sentiment is mixed. In the short term, the price is expected to stay between $43 and $55, but in the long term, there is a prediction that it could go up to $65.67 to $79.75 by 2025. However, Tellor has been quite volatile in the past. For example, in December 2023, the price spiked from $10 to $555, and then dropped back down to $120. So, the market is a bit risky
If you're a short-term trader, the current signals are leaning towards selling, so it might be better to wait for a clearer buy signal. If you're a long-term investor, you could consider gradually buying at these levels, but it's important to keep the market risks in mind.