Hey Hive fam!
Tellor ($TRB) is pumping on Binance (TRB/USDT)!
Current price $18.88
24h change +17.34% (low $15.97 high $19.48)
24h volume Strong 518,772 TRB ($9.51M USDT) – good inflow!
Chart shows a clear breakout above the key EMAs with solid volume backing the move. After consolidating around the $15–$16 zone, TRB has finally pushed higher, breaking through resistance levels with conviction.
Tellor is a decentralized oracle network that allows smart contracts to securely access real-world data. It plays a crucial role in DeFi by providing reliable price feeds, weather data, sports results, and other off-chain information that blockchains cannot access natively. In a world where DeFi continues to grow and more complex applications are being built, trustworthy oracles like Tellor become increasingly important.
The current pump appears to be driven by a combination of technical breakout, increased trading volume, and broader altcoin rotation into utility tokens. While no major partnership or upgrade was announced today, the overall sentiment in the oracle and DeFi sector has improved, helping TRB stand out.
What do you think?
Is TRB starting a larger move in the oracle space?
Or is this just a short-term bounce before retrace?
Are you holding TRB or just watching the action?
Share your thoughts and TA below!
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are extremely volatile and risky. The author may hold positions in mentioned assets. Always conduct thorough research and never invest more than you can afford to lose.
