This Crypto Is Basically on a Long, Awkward First Date With Its Price Range

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TRB has wandered, glass of Chardonnay in hand, straight back to its not-so-exciting macro range between $9.93 and $44.24. And let’s be honest: that’s about as thrilling as rewatching the BBC adaptation of Pride and Prejudice for the eighth consecutive Sunday. 📉

If you’ve been tracking Tellor (TRB), you’ll know this isn’t its first trip to “Will-something-actually-happen?” land. The last time TRB loitered between these numbers, it spent more than a year (that’s 371 days, for those who enjoy counting the days since an ex last texted) without a hint of meaningful excitement. Now, it’s déjà vu all over again. Traders, like Bridget Jones analysing her love life, are split between waiting for a sudden candlelit breakout or just more awkward, sideways shuffling at the party.

Momentum, meanwhile, has vanished—probably off on holiday with trading volume, which has dipped so low you’d be forgiven for thinking everyone’s lost interest and moved somewhere less excruciating. Accumulation? More like extended Netflix buffering—nothing is happening, but you’re still sort of committed to watching.

Key technical bits, or “Why Am I Still Here?”

  • Range Drama: $9.93 is the emotional support, $44.24 the perpetual ghoster. The same old, tired story.
  • Volume Vanishing Act: Attention span: zero. Volume: also zero.
  • Pattern Déjà Vu: Previously, price hung out in this neighborhood for 371 days. Yes, really. 😂

The bigger deal here: TRB keeps piling up weekly closes inside this yawnfest range, which is like being stuck at a party with only small talk and dry canapés for an entire year. Technically, that signals price is likely to keep trading in circles until someone—anyone—shows up to liven things up. History says it could take up to 337 days. Bring snacks.

Volume profiles are, as expected, tragic. The market’s apathy is so pronounced you’re half-surprised not to see “Gone Fishing” signs everywhere. No big players. No big moves. Just endless shuffling in slippers. If you’re looking for a dramatic breakout, you may need to take up knitting while you wait. 🧶

Structurally, TRB is the financial equivalent of Bridget after a breakup: lower highs, lower lows, and not a hint of a convincing comeback. The $44.24 resistance is still untouched, like that one last untouched chocolate in a selection box that even your nan won’t eat. Unless there’s an explosion of volume and something resembling actual interest, odds are we’re all stuck in this rut together.

Bulls, your only hope is a miraculous change in the weather—volume storms in, resistance gives up, and suddenly momentum indicators perk up. Alas, current data suggests we’re due more queuing than New Year’s at a London nightclub.

So What Now?

Brace for more ponderous wandering between $9.93 and $44.24. Until actual excitement arrives in the form of increased volume and a proper breakout, it’s looking like TRB will remain the Bridget Jones of crypto: fabulous company if you like diary entries, but not exactly known for moving quickly.

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2025-04-29 22:39