🔥 Land A High Paying Web3 Job In 90 Days LEARN MORE

Telcoin Price Prediction 2024-2030: Will TEL reach $0.1?

Key takeaways:

  • Our Telcoin price prediction anticipates a high of $0.0019 by the end of 2024.
  • In 2025, it will range between $0.0023 and $0.0029, with an average price of $0.0024.
  • In 2030, it will range between $0.0154 and $0.0185, with an average price of $0.0159.

Blockchain technology has developed novel financial solutions to resolve primary everyday difficulties when the demand for cryptocurrency innovations is rising. Telcoin (TEL) is one of these financial products seeking to transform global remittances by bringing decentralized finance (DeFi) to your mobile wallet.

Telcoin also offers incentives in the form of lower fees and other benefits, so it is a good deal for those who want to send money. 

Overview

CryptocurrencyTelcoin
TickerTEL
Current price$0.00148
Market cap$133,418,726
Trading volume$316,359
Circulating supply90,149,420,414
All-time high$0.0649 on May 11, 2021
All-time low$0.00006516 on Mar 13, 2020
24-hour high$0.001507
24-hour low$0.001432

Telcoin price prediction: Technical analysis

MetricValue
Volatility (30-day variation)4.99%
50-day SMA$0.001475
200-day SMA$0.002638
SentimentBearish
Fear and greed index29 (Fear)
Green days13/30 (43%)

Telcoin price analysis

As of the time of writing (August 31), TEL’s price had risen by 3.30%, trading at approximately $0.001483 over the past 24 hours. The cryptocurrency has a market capitalization of $133 million and a trading volume of $315K, which has dropped by 4.50%.

TEL/USD 1-day chart

The TEL daily chart shows market indecisiveness despite forming candlesticks below the major EMA and SMA levels. The coin has traded in a horizontal channel over the last seven days, with support and resistance levels at $0.001420 and $0.001681, respectively.

TEL/USD 1-day chart
TEL/USD chart. Image source: TradingView

Also, on the chart, both the signal line and the MACD line of the Moving Average Convergence Divergence indicator are trending below the zero line. At the same time, the relative strength index is in neutral territory. The William Alligator is sleeping, signaling market consolidation.

TEL technical analysis: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 30.001509SELL
SMA 50.001514SELL
SMA 100.001573SELL
SMA 210.001597SELL
SMA 500.001776SELL
SMA 1000.002263SELL
SMA 2000.002638SELL

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 30.001541SELL
EMA 50.001554SELL
EMA 100.001582SELL
EMA 210.00165SELL
EMA 500.001888SELL
EMA 1000.002223SELL
EMA 2000.002395SELL

What to expect from TEL price analysis next?

The combination of technical indicators and chart analysis suggests that Telcoin is bearish but is currently gearing up for move into consolidation as its volatility declines as shown by the tightening William Alligator trendlines.

See also  Conflux price prediction 2024-2030: Can CFX price lead China’s crypto market?

Is TEL a good investment?

The telecommunications business is expected to grow rapidly, which could lead to better user-owned financial products for mobile phones and a bigger market cap for elcoin.

Despite the Telcoin project’s strong foundation, mobile network operators and other telecom firms have not yet adopted it widely. A factor that may explain its past poor performance. 

Why is TEL down?

TEL is trading at its lowest this year; the crypto market capitalization has also dropped significantly. The drop in TEL value could be attributed to the general market sentiment. 

Will TEL recover?

Telcoin operates in a highly growing field; with increasing adoption, it should rise to previous highs.

Will TEL reach $0.005?

According to the Cryptopolitan price prediction, TEL will cross the $0.005 mark in 2027. 

Will TEL reach $0.01?

According to the Cryptopolitan price prediction, TEL will reach $0.01 in 2029, with a maximum price of $0.0126 for the year.

Will TEL reach $0.1?

It remains highly unlikely that TEL will cross the $0.1 mark before 2030. 

Does Telcoin have a good long-term future?

According to Cryptopolitan price predictions, TEL will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.

Recent news

Upcoming inaugural elections for Miner Councils, starting on September 4th, will decentralize control of the Telcoin Platform by transferring governance power to the community. Community members are encouraged to nominate themselves for various council roles, with the election process detailed, including nomination deadlines, voting procedures, and the responsibilities of elected council members. The goal is to ensure transparent and democratic governance within the Telcoin ecosystem.

See also  Bitcoin price prediction 2024-2030: Will BTC price surpass $100K post-halving?

Telcoin price prediction September 2024

For September, TEL will trade between $0.00143 and $0.00173, with an average price of $0.00148.

MonthPotential low ($)Potential average ($)Potential high ($)
September0.001430.001480.00173

Telcoin price prediction 2024

As the second half of 2024 unfolds, we anticipate it will trade between $0.0014 and $0.0019, with an average price of $0.0015.

YearPotential low ($)Potential average ($)Potential high ($)
20240.00140.00150.0019

Telcoin price predictions 2025 – 2030

YearPotential low ($)Potential average ($)Potential high ($)
20250.00230.00240.0029
20260.00340.00240.0041
20270.00490.00350.0058
20280.00730.00510.0087
20290.01070.01100.0126
20300.01540.01590.0185

Telcoin price prediction 2025

Telcoin’s price prediction for 2025 is a high of $0.0029. It will reach a minimum price of $0.0023 and an average price of $0.0024.

Telcoin TEL price prediction 2026

The Telcoin price forecast shows it will range between $0.0034 and $0.0041, with an average price of $0.0035.

Telcoin price prediction 2027

Telcoin price prediction climbs even higher into 2027. According to the predictions, it will range between $0.0049 and $0.0058, with an average price of $0.0051.

Telcoin price prediction 2028

Our Telcoin price prediction indicates a further acceleration in the price. It will trade between $0.0073 and $0.0087 and have an average of $0.0075.

Telcoin price prediction 2029

According to the TEL coin price prediction for 2029, the price of TEL will range from a minimum price of $0.0107 to a maximum price of $0.0126. The average price will be $0.011.

Telcoin price prediction 2030

According to the Telcoin price prediction for 2030, TEL price will range from $0.0154 to $0.0185, with an average price of $0.0159.

Telcoin price prediction 2024 - 2030
Telcoin price prediction 2024 – 2030

Telcoin market price prediction: Analysts TEL price forecast

Platform202420252026
Digitalcoinprice$0.00305$0.00362$0.00506
Changelly$0.00229$0.0024$0.0035
Swapspace$0.002311$0.001452$0.001034

Cryptopolitan’s TEL price predictions

Our predictions show that TEL will achieve a high level of $0.0019 in 2024. In 2025, it will range between $0.0023 and $0.0029, with an average price of $0.0024. In 2030, it will range between $0.0154 and $0.0185, with an average of $0.0159. Note the predictions are not investment advice. Seek independent consultation or do your own research.

Telcoin historic price sentiment

Telcoin Price History
Telcoin price history. Image source: CoinStats

  • Telcoin was introduced in 2017 with a maximum token supply of 100 billion TEL. One-quarter of the tokens were distributed to investors in a crowd sale, and another 15% was reserved for the development team, including a 5% liquidity fund. 
  • The coin had attained its all-time low of $0.00006516 on March 13, 2020.
  • It had its best performance in the 2021 bull run. On May 11, the coin achieved an all-time high of $0.0649. 
  • A year later, in 2022, it had fallen to $0.002484.
  • The drop continued into 2023, falling to as low as $0.0009 in November.
  • It recovered into 2024, reaching a high of $0.005456 in March. It later corrected and trades at the $0.00148 mark.

FAQs

Is Telcoin an Ethereum-based coin?

Yes, TEL is an Ethereum-based cryptocurrency that was launched in 2017 to bridge the divide between cryptos, blockchain, and the telecom industry.

Is Telcoin a good to add to an investment portfolio?

Based on TEL's price predictions, it is a good investment. However, before investing in any initiative or sanctioning a crypto trade, constantly evaluate historical data on leading exchanges, analyze telcoin technical analysis, do your research, familiarize yourself with fundamental analysis, and seek financial advice from a crypto expert.

Given the TEL price prediction, the coin can hit $0.1 soon. Again, this is not a piece of financial advice; always DYOR (do your own research). It is not enough to rely on a price prediction.

What can you do with Telcoin?

Telcoin is a digital cryptocurrency that is used on the TELx payment network. It can be bought, sold, and traded on a cryptocurrency exchange. It can be stored in a hardware or software digital wallet. It can be transferred peer to peer using the Telcoin app

Share link:

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Editor's choice

Loading Editor's Choice articles...
Cryptopolitan
Subscribe to CryptoPolitan