According to our Telcoin price prediction, TEL may witness more price dips in the chart before making any bullish reversals.
The Blockchain industry has been dominant in developing multiple novel financial solutions to resolve primary difficulties that a user faces every day. Telcoin is one of those financial solutions that aim to eliminate common issues and evolve the blockchain space to its futuristic vision. Several altcoins like DOGE, ADA, and XRP are already dominating in the price chart and have led multiple cryptocurrencies to carry forward the role. Telcoin is one of them, as it fetches real use cases for potential investors and witnesses a significant fluctuation in the price chart. However, the recent crypto winter has plunged Telcoin hard to the bottom line, confusing investors in making proper investment decisions. Our Telcoin price prediction aims to provide its project analysis, future trading prices, and technical analysis so that you can consider Telcoin whether to add it to your crypto portfolio or not.
Telcoin: The Telvantage
While the world is based on e-commerce and online payments, rapid-fire transactions have become an essential requirement for daily use. The TEL ecosystem is focused on exploring the true potential of DeFi (decentralized finance) for crypto space. The telcoin project aims to facilitate the infrastructure of the blockchain economy to deliver a robust network while initiating a transaction.
Telcoin (TEL) was founded and developed in 2017 by Claude Eguienta and Paul Neuner with an oath to minimize the gap between the crypto space and fiat currencies with the help of blockchain technology. Telcoin Pvt Ltd is a Singapore-based firm that boasts a diverse and competent team in Tokyo, Japan. Let’s find out the current market details of Telcoin (TEL) to clarify our Telcoin price prediction better.
| Cryptocurrency | Telcoin |
| Ticker Symbol | TEL |
| Price | $0.0015 |
| Price Change 24h | -10.84% |
| Market cap | $94,549,037 |
| Circulating Supply | 62,968,700,558 TEL |
| Trading Volume | $1,618,975 |
| All time high | $0.0649 |
| All time low | $0.00006516 |
| Telcoin ROI | +15.21% |
TEL: A Road To DeFi
Telcoin is built on the Ethereum blockchain and plays an essential role in executing multi-chain transactions. Telcoin has become a messiah for crypto traders and investors as it ensures quick transactions on the network. The whitepaper of Telcoin states, “Telcoin is a new cryptocurrency based on the Ethereum blockchain that will be distributed by your national telecom operator and made available to everyone, anytime, anywhere. This is the core of our business, and mobile network operators will be at the center of our strategy. We will initially offer Telcoin to our mobile network partners, providing their customers with seamless access to the digital economy: online remittances, transfers, payments, and e-commerce. We will also provide the necessary marketing and product development resources to nurture the Telcoin ecosystem, in a joint effort with our telecom partners.”
Telcoin utilizes the best features of the Ethereum blockchain to fulfill its goal. TEL network works on Proof of Concept (PoC) rather than network’s validators to verify and execute transactions. There are three primary parts to the Telcoin model: the infrastructure, telecommunications enterprises, and consumers. Telcoin ensures the appropriate implementation of wallets as well as the network’s application. As TEL is a decentralized crypto coin, its users gain complete ownership and management of their holdings.
Telcoin has also been actively acquiring partnerships in the crypto community. To provide more scalability to the network, Telcoin Foundation plays a vital role in expanding its public offerings, and the TEL token is listed on various giant crypto exchanges. The Telcoin Foundation has also established apps to expand its operations to every corner of the crypto industry and support the Telcoin Protocol of blockchain algorithm.
Telcoin Price Prediction: Price History
Before digging into Telcoin price prediction, it is essential to know its price history to get a rough idea about its future potential and prices. However, it is to be noted that price history is not an indicator of our Telcoin price prediction.
Telcoin went live into the crypto market on 16 January 2018 with a trading value of $0.006. The price of Telcoin kept rising and reached $0.007 on 19 January and $0.009 on 22 January. However, the bullish momentum of TEL did not last long, as it made a significant downtrend in the next few days. In February, the downtrend worsened, and TEL touched $0.003 and continued to trade in this price range for the rest of the month. In April, TEL witnessed more bearish momentum and reached $0.0015. However, it made a slight upward retracement to $0.0023 on 27 April but failed to hold its positive momentum. TEL continued to trade in a consolidated range between $0.003 to $0.006 for the next three years.
Things started to change as Telcoin got uplifted by the crypto boom in 2021. TEL initiated a much-awaited bull run and reached $0.008 on 17 March 2021. TEL continued its bull run and made an exponential rise in May, reaching its all-time high on 11 May at $0.0649. In the same month, the price also touched the bottom line at $0.02, and the bearish momentum continued further as TEL touched $0.01236 in July. However, it made a minor bullish rally in August and made a high of $0.027. Telcoin price continued its bearish trend from September and ended 2021 at a price of $0.0116. In 2022, the TEL price plunged hard by the pandemic that drove a crypto winter. However, it made an initial bull run in Q1 of 2022 and reached a top at $0.008 in March but quickly started a prolonged bearish trend. TEL coin dropped to $0.001 in July and continues to trend in that range till now.
Telcoin Price Prediction: Technical Analysis
Telcoin had an eventful journey in the past; however, the current price turmoil has stressed investors in making appropriate investment decisions. Hence, our Telcoin technical analysis aims to bring its future price movements so that the trend gets clear for investment.
According to CoinMarketCap, TEL is currently trading at $0.0019 with a downtrend of nearly 20%. Looking at the daily price chart of Telcoin, our technical analysis reveals more price dips to take place before building a bullish momentum, as the EMA-50 line tends to drop further. TEL recently attempted to break its immediate resistance level at $0.0017 but faced rejection and dropped to a low of $0.00142. The Balance of Power (BoP) also trades in a negative range at -0.83, indicating a further bearish trend for the TEL price. The BoP indicator suggests a bullish or bearish momentum of a cryptocurrency, as a value above 0 suggests that buyers are currently controlling the coin, while a value below 0 shows bears’ domination.
However, the RSI-14 indicator brings some relief as it trades in positive territory at the 60-level, hinting at a slight upward correction after a bearish moment. TEL may have a sharp decline if the RSI level drops below 40. Moreover, EMA-100 indicates a slight bullish momentum as it trades above the EMA-20 and EMA-50 trend lines. However, the MACD line is not promising a bullish momentum soon as it continues to be bearish, which shows an immediate downtrend for Telcoin in the price chart. The Bollinger band’s upper limit is $0.002; if this price level breaks and TEL holds its price above it, TEL can attain its key resistance level at $0.0028. Conversely, the Bollinger band’s lower limit is $0.001; if this level breaks, TEL can witness a sharp fall and trade near its crucial support level at $0.0008.
Telcoin Price Prediction By BlockchainReporter
Telcoin Price Prediction 2022
According to our Telcoin price prediction for 2022, Telcoin is predicted to attain a maximum value of $0.002 with an average trading price of $0.001. Our technical analysis reveals that Telcoin can go as low as $0.0009.
Telcoin Price Prediction 2023
Our Telcoin price prediction for 2023 expects a maximum trading price of $0.003, with an average trading price of almost $0.002. Telcoin might retrace downward with a minimum price of $0.001 by the end of 2023.
Telcoin Price Prediction 2024
The fundamentals of developing the Telcoin project are bright and overwhelming. Our Telcoin price prediction for 2024 predicts that the token will continue its bullish momentum, and Telcoin is likely to achieve a maximum price level of $0.005. Telcoin might record a low of $0.002, with an average trading price of $0.0035.
Telcoin Price Prediction 2025
Our Telcoin price prediction for 2025 anticipates a minimum value of $0.005 and a maximum value of $0.006. Our Telcoin price forecast for 2025 predicts an average trading price of $0.0055.
Telcoin Price Prediction 2026
Telcoin may rise vertically upward in 2026 and bring a significant return on investment to its long-term holders. Our Telcoin price prediction for 2026 expects a maximum price of $0.008 with an average trading price of $0.007. Telcoin may trade at a minimum value of $0.006.
Telcoin Price Prediction 2027
Over the next five years, the crypto market may bring optimistic returns to the world. Our Telcoin price prediction for 2027 suggests that Telcoin may reach a maximum price of $0.012. Telcoin may trade at an average price of $0.01 with a minimum value of $0.009.
Telcoin Price Prediction 2028
Our Telcoin price prediction 2028 analyzes that Telcoin may touch a maximum price of $0.018 and an average trading price of $0.015. The minimum value for the Telcoin cryptocurrency is predicted to hit $0.014.
Telcoin Price Prediction 2029
In the upcoming years, Telcoin may acquire impactful partnerships due to its solid fundamentals and can push its price to the North. Our Telcoin price prediction for 2029 expects a maximum price for this coin to be $0.025 and a minimum price of $0.022. Telcoin may reach an average value of $0.023.
Telcoin Price Prediction 2030
If Telcoin continues its bullish momentum, which depends upon the crypto market’s favorability, we can see a maximum price level of $0.039 with an average trading price of $0.033. However, Telcoin is projected to hit a minimum value of $0.031 by the end of 2030.
Telcoin Price Prediction: Experts’ Opinions
According to Telcoin price prediction by WalletInvestor, “A long-term increase is expected; the predicted price for 2026 is 0.10014. With a 5-year investment, the earning potential is expected to be around +1034.59%. The minimum price of Telcoin can go up to $0.0127 in one year. Telcoin is set to have a bullish cycle and earn a profit for its investors.”
Trading Beast’s Telcoin price prediction says, “The Telcoin price is forecasted to reach $0.0112549 by the beginning of December 2022. The expected maximum price is $0.0228079, and the minimum price is $0.0155094. The Telcoin price prediction 2022 might be around $0.0182463, which will make it a profitable investment.”
Is Telcoin A Good Investment? When Should You Buy?
Telcoin has proved to be one of the dominating cryptocurrencies in the crypto space. The developing team behind Telcoin is putting enough effort into accomplishing the goal of the project by adding more integrations to the network. If the crypto market sentiments favor Telcoin, it can surely make a significant rise in the future. According to our Telcoin price prediction, a price range of $0.001 may be an excellent entry point to generate a stable profit in the long term.
Conclusion
The performance of TEL is overwhelming, and it has a bright future ahead to show its true potential to investors. The telecommunications market is highly expected to expand further and Telcoin will follow the suit by innovating improved financial products. TEL has gathered a wide range of whale investors and the attention of the crypto community. There is a lot of potential in Telcoin’s fundamentals which have been recognized by market experts, and it can bring new highs for TEL price in the chart soon.
Furthermore, the project’s acceptance in all crypto exchanges has evolved the market towards the futuristic vision. However, investors are advised to do their own research and conduct experts’ opinions before investing in the volatile crypto market.
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