Telcoin (TEL) has seen significant price surges in recent months but has recently experienced a pullback, causing concern among traders. However, crypto analyst Ali Martinez has shared metrics suggesting that TEL could soon see price growth. According to a technical chart, Telcoin has formed a falling wedge bullish pattern, typically signaling an upcoming upward momentum. If the asset can break through the $0.0127 resistance level, it could see a 22% jump to around $0.0154. Despite recent declines, social media sentiment remains bullish, with increasing active addresses and social mentions indicating growing interest in the asset. Additionally, there have been significant withdrawals from exchanges, suggesting accumulation by whales and reducing selling pressure. The asset's price has shown strong growth potential over the past 30, 60, and 90 days. Overall, investor sentiment and user interest suggest that Telcoin may be heading towards a major uptrend in the near future.
Content Editor ( blockchainreporter.net )
- 2025-02-24
TEL Gears Up For 22% Surge to $0.0154: Telcoin Bullish Rally
