Telcoin (TEL) Braves In Bull Season Market, Generates Profit Over 20,000%!

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 Telcoin (TEL) is a crypto based on the decentralized Ethereum blockchain, being a bridge between the crypto, blockchain and telecommunications industries.


Telcoin aims to partner with leading names in the telecom industry such as Verizon and AT&T.


Founded in July 2017 in Singapore by Paul Neuner and Claude Eguienta.


Telcoin's main focus is the remittance market where Telcoin also partners with global telecoms and mobile money platforms, providing users with high-speed and low-cost digital remittances to mobile money platforms and e-wallets.


In early July, Telcoin introduced the world's first consumer -owned financial decentralization platform, V3.


Introducing the world's first user-owned, decentralized financial platform! V3 launches two core layers of the Telcoin Platform, two #DeFi products and much more. #SendMoneySmarter and #PayYourselfhttps: //t.co/9Ijp9rI0TO pic.twitter.com/r08YIogLDg


- Telcoin (@telcoin_team) June 30, 2021


Next, examine the current movement chart of the TEL/USDT price.



Unexpectedly for investors, Telcoin has yielded lucrative results in the last Bull season by producing over 20,000% aggressive jumps by the 2021 market.


As a result, Telcoin recorded the latest all -time high (ATH) to reach the price level of $ 0.064 on May 11 last year from the lowest level of $ 0.0001695 ever recorded starting January 1, 2021.


From a technical point of view, the Tel price movement is seen to be witnessing a weak price movement and is hovering above the support level around $ 0.016 either making a correction or continuing the decline.


For further expectations, if the price movement continues to see a downtrend, the support level around $ 0.016 will be tested again to either make a rebound or continue the decline to the lowest level ever recorded before.


However, if the price movement returns to pattern the uptrend, the price movement will again test the SBR zone (support become resistance) around $ 0.018 before making a higher rise.


At the time of writing, TEL/USDT is trading at around $ 0.016 down over 4% in the last 24 hours. Coins are currently ranked 76th in the crypto market.

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