Telcoin Price Prediction – Will TEL Price Hit $0.05 in 2022?

This Telcoin (TEL) price prediction 2022 article is based on technical analysis alone. Below, you will see the key measures that we have taken into consideration upon coming up with the TEL price analysis and prediction.

Among the cryptocurrencies that are rallying this year, Telcoin is perhaps one of the most surprising for some. It is not directly connected to Bitcoin, nor is it the most hyped cryptocurrency today.

But for those that are aware, Telcoin has been around since 2017. It recently made headlines after hitting almost $0.0649 on May 11, 2021.

Can Telcoin reach $0.05 in 2022? We will find out shortly. But before we proceed to our Telcoin price analysis, let us first answer the question “What is Telcoin?” in this TEL prediction 2022 article.

What is Telcoin (TEL)?

Telcoin (TEL) is Ethereum-based decentralized crypto developed in July 2017 in Singapore to be the bridge between cryptos, blockchain, and the telecommunication platform. The project aims to collaborate with leading names in the telecoms platforms like Verizon and AT&T to remove the hassle that remains between billing platforms and mobile money.

The main aim of Telcoin is the remittance market, where Western Union is presently the clear leader. Telcoin is collaborating with global telecoms and mobile money firms to offer users high-speed, low-cost digital remittances to mobile money platforms and e-wallets.

Telcoin (TEL) is an Ethereum blockchain-based ERC-20 token. TEL is utilized in the Telcoin ecosystem for making payments on e-commerce websites.

Now that we have an idea about TEL, do you think TEL will be profitable crypto in 2022? Join me and let us see the charts in this TEL price analysis and TEL price prediction.

Telcoin (TEL) Current Market Status

As of the time of writing this Telcoin (TEL) price analysis, TEL trades at $0.00168 with a 24-hour trading volume of $2,559,752. More so, the price of TEL has increased by 2.68% in the last 24 hours.

Furthermore, TEL has a current circulating supply of 61.63B TEL according to CoinMarketCap. Currently, the top cryptocurrency exchanges for TEL are KuCoin, HitBTC, Bilaxy, 1inch Exchange, and Bitbns.

Now, let’s proceed to the next part of this TEL technical analysis for 2022.

Telcoin (TEL) Price Analysis 2022

Currently, Telcoin (TEL) holds 248th place on CoinGecko. But will the latest upgrades, development, and changes in the TEL blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this TEL price prediction article.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for TEL/USDT, we can deduce that the price of Telcoin might get bullish in some days since the price is almost breaking out at the first half of the channel from the top. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 59.11. This shows that Telcoin is showing a strong trend since its RSI lies between 50 and 70. This value can trigger a bullish or bearish run if investors reposition themselves either towards the buyers or sellers.

From the chart above, the 200-MA is above the 100-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are above the recently formed candlesticks, the price of the coin might continue to increase.

Telcoin (TEL) Price Prediction 2022

The chart below shows that TEL has shown bullish performance over the past few days and has gained 21.2% in the past 7 days. If this trend continues, TEL might run along with the bulls, overtaking its resistance level at $0.00363 at resistance1 and surge even more to $0.03437 at resistance10, the 2022 bullish signal.

Conversely, if the investors turn against the crypto, the bears might take over and dethrone crypto to its support level at $0.00065, a bearish signal.

Meanwhile, our long-term TEL price prediction for 2022 is bullish. It has a low possibility of surging over its current all-time-high (ATH) at about $0.0649 this year according to CoinMarketCap. However, that will only take place if it breaks many past psychological resistances.

If this bullish trend continues, Telcoin (TEL)) will reach $0.03437 by the end of 2022. Moreover, in July 2022, TEL is going to show fast growth, up to $0.00363. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $0.05 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Telcoin (TEL) Price Prediction 2023

If Telcoin holds the support level around 200-MA which is the long-term moving average, buyers will then have TEL time and stability to forge the next attack mission on the vital level at $0.1, making it not plummet but play consistently.

Telcoin (TEL) Price Prediction 2024

As per the latest upgrades, developments, Telcoin (TEL) price prediction, and new project forecasts of the platform, TEL investots could expect many partnerships and integrations around 2024. Moreover, this might boost the price of TEL in the crypto market, and it will be the best investment as the price can spike and reach around $0.2.

Telcoin (TEL) Price Prediction 2025

In the next three years, Telcoin (TEL) prices could race up to $0.5. However, reaching this level could not be so difficult for Telcoin as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that TEL has a high possibility of reaching a new ATH soon in the next three years as per the prediction.

Telcoin (TEL) Price Prediction 2026

As per the latest upgrades, developments, Telcoin (TEL) price prediction, and new project forecasts of the platform. Moreover, this might boost the price of TEL in the crypto market, and it will be the best investment as the price can spike and reach around $1.

Telcoin (TEL) Price Prediction 2027

In the next five years, Telcoin (TEL) prices could race up to $2. However, reaching this level could not be so difficult for Telcoin as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that TEL has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

Telcoin (TEL) Price Prediction 2028

As per the latest upgrades, developments, Telcoin (TEL) price prediction, and new project forecasts of the platform, TEL investots could expect many partnerships and integrations around 2028. Moreover, this might boost the price of TEL in the crypto market, and it will be the best investment as the price can spike and reach around $4.

Telcoin (TEL) Price Prediction 2029

In the next seven years, Telcoin (TEL) prices could race up to $8. However, reaching this level could not be so difficult for Telcoin as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that TEL has a high possibility of reaching a new ATH soon in the next seven years as per the prediction.

Telcoin (TEL) Price Prediction 2030

As per the latest upgrades, developments, Telcoin (TEL) price prediction, and new project forecasts of the platform, TEL investors could expect many partnerships and integrations around 2030. Moreover, this might boost the price of TEL in the crypto market, and it will be the best investment as the price can spike and reach around $10.

Conclusion

Telcoin (TEL) has a bright future ahead of it from 2022 to 2030. With the ongoing developments happening within the TEL ecosystem, as well as in the overall crypto market, we may see TEL reach new heights.

Bullish TEL price prediction 2022 is $0.03437. As said above, it may even reach $0.05 if investors have decided that TEL is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.