Telcoin (TEL) recorded an increase of 13.3% in just 24 hours, accompanied by a trading volume explosion of up to 177%. This surge stems from testing the important short term support level at 0.00475 USD.
This altcoin is on a long-term upward trend, following a strong breakout in early November due to positive news. On November 12, Telcoin announced that it had received final charter approval from the Nebraska Department of Banking and Finance to launch the Telcoin Digital Asset Bank (, making Telcoin the first blockchain bank.
The flagship product of the bank, eUSD, will be the first US dollar stablecoin issued directly on-chain by a bank. “This demonstrates that a bank can responsibly issue digital currency on-chain while fully complying with the regulations of US authorities,” emphasized Paul Neuner, Founder and CEO of Telcoin.
This information has created a strong wave of demand for TEL, the native token of Telcoin. Just under three weeks after the announcement, TEL has increased by up to 83%. Technical analysis shows that the upward trend continues, but in the past 10 days, the market has been undergoing a consolidation phase, laying a solid foundation for the next advances.
Decoding the upward trend of Telcoin
![])https://img-cdn.gateio.im/webp-social/moments-3b482ef503f98061f2d7e31842c0f758.webp(Daily chart of TEL/USDT | Source: TradingViewThe 1-day timeframe shows that the previous downtrend was broken on 12/11, when the lower peak level of 0.003 USD)orange( was surpassed, paving the way for new swing points of the uptrend. The important bottom level of 0.00446 USD continues to serve as key support, helping the uptrend maintain stability. Meanwhile, the unbroken supply zone)white box( from 0.0056–0.0061 USD remains the resistance level to watch.
![])https://img-cdn.gateio.im/webp-social/moments-62ab3330001804616dce1b4d574900ff.webp(TEL/USDT hourly chart | Source: TradingViewOn the 1-hour chart, TEL is fluctuating within a 9-day )purple( range from 0.0047 to 0.0057 USD, with the midpoint of 0.0052 USD acting as both support and resistance in recent sessions. The OBV index has increased significantly in the last 24 hours, coupled with bullish signals from the MACD, indicating strong buying volume along with upward price momentum.
However, traders should not rush to expect a breakout. Instead, restraining FOMO and taking advantage of the extremes of the trading range to buy and sell TEL will be more effective, especially when the short-term price action and indicators still lean towards a bullish trend. In other words, TEL is not a coin to “buy immediately”, but a token suitable for short-term traders to take profits.
SN_Nour
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ETH drops 0.85% in 15 minutes: liquidity tightening and leveraged liquidations resonate, causing a short-term pullback
From 17:45 to 18:00 (UTC) on March 26, 2026, ETH prices briefly declined within the range of 2045.86 to 2066.97 USDT. The 15-minute return was -0.85%, with a volatility of 1.02%. This fluctuation drew market attention, as the volatility was significantly higher than usual, indicating increased uncertainty about ETH's short-term trend.
The main drivers of this movement were liquidity tightening, characterized by a sharp drop in active addresses and large institutional staking. On March 25, the number of on-chain active addresses for ETH decreased by 10%.
GateNews17m ago
BTC drops 0.69% over 15 minutes: Options expiration adjustments and risk aversion amplify short-term pressure
On March 26, 2026, from 17:45 to 18:00 (UTC), Bitcoin (BTC) experienced a -0.69% return within 15 minutes, with a price range of $68,385.8 to $68,956.2 USDT and an amplitude of 0.83%. Short-term volatility increased, market attention rapidly heightened, showing concentrated downward pressure.
The main driver of this movement was the approaching options expiration, with related position investors adjusting short-term holdings in response to the "maximum pain" zone ($75,000–$80,000), combined with the put/call ratio of options.
GateNews17m ago
Ondo (ONDO) Price Is Stuck – So Why Are the Biggest Players Buying More?
The Ondo price remains stable at about $0.25 despite increasing trading volume, indicating potential accumulation rather than weakness. Institutional interest in tokenized assets may lead to long-term demand, although the price isn't fully reflecting its underlying growth yet.
CaptainAltcoin18m ago
Cardano Holds Near Key Support as Weak Data Signals Further Pressure
Key Insights
Cardano trades near $0.25 after a weekly decline, while geopolitical tensions and weak market sentiment continue to reduce investor confidence and participation.
Open interest and funding rates signal bearish positioning, as declining participation and negative rates reflect
CryptoNewsLand38m ago
XRP Price Holds Near $1.44 as Whale Activity Weakens
XRP price remains stable around $1.44 after a failed attempt to breach $1.60, driven by increased smaller wallet activity and reduced whale participation. Trading metrics indicate softer demand and neutral market momentum, reflecting balanced conditions.
CryptoNewsLand38m ago
SHIB Price Struggles as Long Liquidations Surge Amid Volatility
Key Insights
The Shiba Inu saw long liquidations dominate recent activity as price reversed quickly, catching bullish traders off guard during a short-lived recovery phase.
Open interest rebounded sharply after a decline, signaling renewed trader engagement and expectations of stronger price
CryptoNewsLand43m ago
