#TRB just popped 5% to $22.23 on a massive surge in volume oracle tokens are heating up fast.
Here’s the breakdown: Price just broke out of a multi-week compression zone, backed by a clean golden cross on the daily chart. TRB has reclaimed the 25-MA at $21.97, and the RSI is pushing into the mid-50s without flashing overbought. DeFi sentiment is shifting bullish as Tellor’s decentralized oracle model continues to gain traction with growing data demand. Volume is running nearly 20% above its daily average now we wait to see if momentum sticks.
Major catalyst: Tellor rolled out new integrations with three big DeFi protocols, instantly boosting on-chain query activity by 15% overnight. That’s real usage, not hype.
Bull case: A breakout above $23.50 could fast-track a run to $25, and if altcoins catch fire, $28 isn’t far-fetched.
Bear case: Lose $21 again and we likely revisit $20.70 especially if Bitcoin pulls back.
Overall, this setup looks explosive for anyone tracking oracle plays. I’m planning to scale in if TRB dips back toward $21.80.
Are you riding this move or looking to exit?
