Telos is a networked ecosystem that is powering the future economy. It has been the second most used network by transaction volume for over two years.
Telos has been at the forefront of innovation since 2018 and is home to over 100 distinct applications (dApps), attracting well-known companies such as Taikai, Qudo, Qubicles, Appics, Wordproof, Seeds, Zeptagram, and NewLife. These applications benefit from Telos’ robust on-chain services for voting, sentiment, decentralised file storage, location, and many other things. On the Telos network, developers can create blockchain applications with user experiences similar to traditional applications. The crypto network also provides dApp developers with 0.5-second block times (24 times faster than Ethereum), over 1,000 transaction rates per second, and free transactions. Let us review the TLOS price
TLOS Price Prediction
Bullish Scenario: If TLOS manages to break above the resistance level at $1.04055 then it would be bullish. If it gains some momentum and buying pressure builds up then we might test the next resistance level at $1.1083 and $1.19. Breaking above $1.19 price level with significant buying volume will lead to a good chance of making a new ATH and crossing above $1.2694.
Bearish Scenario: TLOS has been in a downtrend channel since the last few weeks. Also, If the support level $0.9366 doesn’t hold then it will hit $0.839, $0.768 and below sooner or later.
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