Tellor (TRB)
Tellor is a decentralized Oracle for bringing high value off-chain data onto Ethereum. The system utilizes a network of staked miners that compete to solve a PoW challenge to submit the official value for requested data. Tokens are mined with every successful Tellor data point and the company takes a 10% dev share to support the development of the ecosystem.
1. TRB Basic Info
Symbol | TRB |
Name | Tellor |
Web Site | https://tellor.io/ |
Wallet | -- |
Source | -- |
Explorer | https://etherscan.io/ |
Forum | -- |
Mining | |
Supply | 1506235 |
Available Supply | 2654440 |
Market Cap | 68484552 |
White Paper | -- |
Is ICO | None |
Raised Funds | - |
Distribution | - |
Algorithm | -- |
Proof | -- |
Total | 1506235 |
Release Date | 2019-11-19 |
2. TRB Technical Info
2.1 TRB Kline Chart Price
2.2 TRB Technical Analysis
Based on the K-line daily chart data provided, the future trend prediction is:
The price is likely to experience continued downward pressure in the short term. Consolidation is expected around the 24-26 price range, with potential for further declines. A significant drop in volume on recent days suggests a possible weakening of the current trend. However, given the previous volatility and the sharp price fluctuations in late February and early March, investors should be prepared for occasional rallies. The overall bias is bearish, and a sustained upward trend reversal would require significant buying volume and a break above the immediate resistance level of 28.