- The TEL crypto price bounced above the 55-EMA during intraday.
- The 24-hour trading volume is at $35 million.
- TEL/BTC pair is trading neutral by 11.4% at 0.00000033 BTC.
On the daily price chart of TEL crypto, The Moving Average (EMA), which includes the 8,13,21,55 EMA, acts as reliable support for currency price movements. Investors may notice price bounce off the yellow line, ensuring a Telcoin uptrend until the price resides above all the EMA’s.
Trading volume (5.025 M) is above the 20-day moving average (11.654 M). The volume is moderate, so the cost is moving upside. Investors may also find that the volume is increasing. This indicates that unusual fluctuations are common in the following trading days.
Telcoin Crypto Price Sustains Between Pivot Points
TEL crypto daily price charts show an uptrend. Based on the price action, the support zone is located at 0.010- 0.012 USD. On the other hand, the resistance zone to look for is 0.025- 0.028 USD. Therefore, the chart shows a bullish harami candlestick pattern during the day.
The RSI showed a 64 (bullish) signal, Expecting to buy in the short term. Investors may find that the RSI line is sloping up on the indicator. It may rise in futures trading.
The MACD shows a cross (bearish) below the signal line on October 21st, demonstrating a sell signal in the coin. Additionally, Investors can see red bars on the Histogram index.
Conclusion
The price of Telcoin today is $0.02101118, with a 24-hour trading volume of $35,160,672. TEL prices have increased 10.1% in the last 24 hours. The supply in circulation is 57 billion blue-green, and the total supply is 100 billion.
RSI indicates a buy signal, and MACD indicates a sell signal. Traders have directed moderate volume. In fact, the cost got rejected from the resistance zone. A market overview also shows that this pattern will continue to sustain in the coming trading days.
Resistance Level: $0.025 – $0.028
Support Level: $0.010 – $0.012
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