Telcoin Price Prediction: TEL Surges 20% As This Crypto Wallet Token Rockets Past $10M In Presale
The Telcoin price surged 20% in the last 24 hours to trade at $0.01242 as of 09:15 p.m. EST on trading volume that skyrocketed 87% to $34.7 million. Telcoin Price Strong Bullish Momentum with Parabolic Growth The TEL price on the 4-hour chart displays a significant bullish trend, marked by a parabolic price curve that has driven the price sharply upward. After a period of sideways consolidation within the highlighted rectangular zone, the Telcoin price broke out decisively from the $0.0065, leading to an explosive rally. This consolidation served as an accumulation phase before the breakout, and the subsequent price surge confirms strong buying interest. The parabolic curve drawn illustrates the steep acceleration in price momentum, which often indicates intense buying pressure but can also suggest potential overextension if sustained for too long. TEL now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), a testament of the sustained bullish r...