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Bitcoin Bitcoin (BTC) $118,287.78 ↑ 0.62%
Ethereum Ethereum (ETH) $3,783.53 ↑ 0.96%
XRP XRP (XRP) $3.21 ↑ 1.98%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.01%
BNB BNB (BNB) $795.27 ↑ 1.67%
Solana Solana (SOL) $187.13 ↑ 0.49%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 1.01%
TRON TRON (TRX) $0.32 ↑ 1.16%
Cardano Cardano (ADA) $0.83 ↑ 0.61%
Hyperliquid Hyperliquid (HYPE) $43.64 ↓ -1.51%
Sui Sui (SUI) $4.21 ↑ 5.23%
Stellar Stellar (XLM) $0.44 ↑ 0.07%
Chainlink Chainlink (LINK) $18.80 ↑ 2.35%
Hedera Hedera (HBAR) $0.29 ↑ 9.43%
Bitcoin Cash Bitcoin Cash (BCH) $569.92 ↑ 2.59%
Avalanche Avalanche (AVAX) $25.02 ↑ 3.88%
Litecoin Litecoin (LTC) $114.79 ↑ 1.20%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 0.12%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↑ 0.02%
Toncoin Toncoin (TON) $3.33 ↑ 0.41%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.03%
Uniswap Uniswap (UNI) $10.65 ↑ 1.31%
Polkadot Polkadot (DOT) $4.17 ↑ 1.24%
Monero Monero (XMR) $324.51 ↑ 0.35%
Dai Dai (DAI) $1.00 ↓ 0.00%
Bitget Token Bitget Token (BGB) $4.58 ↓ -0.16%
Pepe Pepe (PEPE) $0.00 ↑ 0.56%
Cronos Cronos (CRO) $0.14 ↑ 8.53%
Aave Aave (AAVE) $296.75 ↓ -0.23%
Bittensor Bittensor (TAO) $430.82 ↑ 1.33%
Ethena Ethena (ENA) $0.62 ↑ 6.78%
NEAR Protocol NEAR Protocol (NEAR) $2.91 ↑ 1.78%
Ethereum Classic Ethereum Classic (ETC) $23.11 ↑ 0.04%
Pi Pi (PI) $0.44 ↓ -0.75%
Ondo Ondo (ONDO) $1.06 ↑ 0.73%
Aptos Aptos (APT) $4.84 ↑ 1.42%
Internet Computer Internet Computer (ICP) $5.70 ↑ 1.48%
OKB OKB (OKB) $48.33 ↑ 0.56%
Bonk Bonk (BONK) $0.00 ↓ -2.16%
Mantle Mantle (MNT) $0.80 ↑ 4.83%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -1.76%
Kaspa Kaspa (KAS) $0.10 ↑ 0.24%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 1.63%
Algorand Algorand (ALGO) $0.28 ↑ 3.22%
Arbitrum Arbitrum (ARB) $0.45 ↑ 1.73%
VeChain VeChain (VET) $0.03 ↑ 0.36%
Render Render (RENDER) $4.27 ↑ 1.40%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.02%
GateToken GateToken (GT) $17.83 ↑ 1.22%
Worldcoin Worldcoin (WLD) $1.17 ↑ 1.10%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.26 ↑ 1.33%
Sky Sky (SKY) $0.09 ↑ 0.34%
Sei Sei (SEI) $0.34 ↑ 3.19%
Cosmos Cosmos (ATOM) $4.79 ↑ 2.02%
SPX6900 SPX6900 (SPX) $2.00 ↑ 1.96%
Filecoin Filecoin (FIL) $2.69 ↑ 1.63%
Flare Flare (FLR) $0.03 ↑ 7.59%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 0.66%
Jupiter Jupiter (JUP) $0.56 ↑ 1.27%
Story Story (IP) $5.47 ↑ 1.15%
Curve DAO Token Curve DAO Token (CRV) $1.11 ↑ 6.35%
Injective Injective (INJ) $15.12 ↑ 6.54%
Quant Quant (QNT) $124.03 ↑ 2.16%
KuCoin Token KuCoin Token (KCS) $11.66 ↓ -0.44%
XDC Network XDC Network (XDC) $0.09 ↑ 2.90%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
Celestia Celestia (TIA) $1.95 ↓ -0.46%
Fartcoin Fartcoin (FARTCOIN) $1.36 ↓ -0.45%
Stacks Stacks (STX) $0.82 ↑ 1.18%
Four Four (FORM) $3.39 ↑ 0.16%
Optimism Optimism (OP) $0.73 ↑ 1.26%
FLOKI FLOKI (FLOKI) $0.00 ↓ -1.59%
Ethereum Name Service Ethereum Name Service (ENS) $31.33 ↑ 3.04%
Immutable Immutable (IMX) $0.60 ↑ 6.80%
dogwifhat dogwifhat (WIF) $1.08 ↑ 0.75%
The Graph The Graph (GRT) $0.11 ↑ 1.63%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 12.96%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.58 ↑ 0.23%
Kaia Kaia (KAIA) $0.17 ↑ 2.43%
PancakeSwap PancakeSwap (CAKE) $2.85 ↑ 3.47%
Lido DAO Lido DAO (LDO) $1.10 ↑ 0.00%
Sonic Sonic (S) $0.34 ↑ 0.58%
Tezos Tezos (XTZ) $0.90 ↑ 0.76%
PAX Gold PAX Gold (PAXG) $3,355.56 ↑ 0.05%
Conflux Conflux (CFX) $0.18 ↑ 1.40%
Vaulta Vaulta (A) $0.57 ↓ -0.08%
Theta Network Theta Network (THETA) $0.90 ↑ 1.93%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.05%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 1.58%
Nexo Nexo (NEXO) $1.31 ↓ -0.28%
IOTA IOTA (IOTA) $0.22 ↑ 3.51%
Raydium Raydium (RAY) $3.12 ↑ 2.59%
Tether Gold Tether Gold (XAUt) $3,347.04 ↑ 0.04%
Gala Gala (GALA) $0.02 ↑ 1.65%
The Sandbox The Sandbox (SAND) $0.31 ↑ 3.08%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↓ -0.72%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 2.09%
Pendle Pendle (PENDLE) $4.43 ↓ -1.25%
Jito Jito (JTO) $2.02 ↑ 2.67%
Bitcoin Bitcoin (BTC) $118,287.78 ↑ 0.62%
Ethereum Ethereum (ETH) $3,783.53 ↑ 0.96%
XRP XRP (XRP) $3.21 ↑ 1.98%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.01%
BNB BNB (BNB) $795.27 ↑ 1.67%
Solana Solana (SOL) $187.13 ↑ 0.49%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 1.01%
TRON TRON (TRX) $0.32 ↑ 1.16%
Cardano Cardano (ADA) $0.83 ↑ 0.61%
Hyperliquid Hyperliquid (HYPE) $43.64 ↓ -1.51%
Sui Sui (SUI) $4.21 ↑ 5.23%
Stellar Stellar (XLM) $0.44 ↑ 0.07%
Chainlink Chainlink (LINK) $18.80 ↑ 2.35%
Hedera Hedera (HBAR) $0.29 ↑ 9.43%
Bitcoin Cash Bitcoin Cash (BCH) $569.92 ↑ 2.59%
Avalanche Avalanche (AVAX) $25.02 ↑ 3.88%
Litecoin Litecoin (LTC) $114.79 ↑ 1.20%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 0.12%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↑ 0.02%
Toncoin Toncoin (TON) $3.33 ↑ 0.41%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.03%
Uniswap Uniswap (UNI) $10.65 ↑ 1.31%
Polkadot Polkadot (DOT) $4.17 ↑ 1.24%
Monero Monero (XMR) $324.51 ↑ 0.35%
Dai Dai (DAI) $1.00 ↓ 0.00%
Bitget Token Bitget Token (BGB) $4.58 ↓ -0.16%
Pepe Pepe (PEPE) $0.00 ↑ 0.56%
Cronos Cronos (CRO) $0.14 ↑ 8.53%
Aave Aave (AAVE) $296.75 ↓ -0.23%
Bittensor Bittensor (TAO) $430.82 ↑ 1.33%
Ethena Ethena (ENA) $0.62 ↑ 6.78%
NEAR Protocol NEAR Protocol (NEAR) $2.91 ↑ 1.78%
Ethereum Classic Ethereum Classic (ETC) $23.11 ↑ 0.04%
Pi Pi (PI) $0.44 ↓ -0.75%
Ondo Ondo (ONDO) $1.06 ↑ 0.73%
Aptos Aptos (APT) $4.84 ↑ 1.42%
Internet Computer Internet Computer (ICP) $5.70 ↑ 1.48%
OKB OKB (OKB) $48.33 ↑ 0.56%
Bonk Bonk (BONK) $0.00 ↓ -2.16%
Mantle Mantle (MNT) $0.80 ↑ 4.83%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -1.76%
Kaspa Kaspa (KAS) $0.10 ↑ 0.24%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 1.63%
Algorand Algorand (ALGO) $0.28 ↑ 3.22%
Arbitrum Arbitrum (ARB) $0.45 ↑ 1.73%
VeChain VeChain (VET) $0.03 ↑ 0.36%
Render Render (RENDER) $4.27 ↑ 1.40%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.02%
GateToken GateToken (GT) $17.83 ↑ 1.22%
Worldcoin Worldcoin (WLD) $1.17 ↑ 1.10%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.26 ↑ 1.33%
Sky Sky (SKY) $0.09 ↑ 0.34%
Sei Sei (SEI) $0.34 ↑ 3.19%
Cosmos Cosmos (ATOM) $4.79 ↑ 2.02%
SPX6900 SPX6900 (SPX) $2.00 ↑ 1.96%
Filecoin Filecoin (FIL) $2.69 ↑ 1.63%
Flare Flare (FLR) $0.03 ↑ 7.59%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 0.66%
Jupiter Jupiter (JUP) $0.56 ↑ 1.27%
Story Story (IP) $5.47 ↑ 1.15%
Curve DAO Token Curve DAO Token (CRV) $1.11 ↑ 6.35%
Injective Injective (INJ) $15.12 ↑ 6.54%
Quant Quant (QNT) $124.03 ↑ 2.16%
KuCoin Token KuCoin Token (KCS) $11.66 ↓ -0.44%
XDC Network XDC Network (XDC) $0.09 ↑ 2.90%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
Celestia Celestia (TIA) $1.95 ↓ -0.46%
Fartcoin Fartcoin (FARTCOIN) $1.36 ↓ -0.45%
Stacks Stacks (STX) $0.82 ↑ 1.18%
Four Four (FORM) $3.39 ↑ 0.16%
Optimism Optimism (OP) $0.73 ↑ 1.26%
FLOKI FLOKI (FLOKI) $0.00 ↓ -1.59%
Ethereum Name Service Ethereum Name Service (ENS) $31.33 ↑ 3.04%
Immutable Immutable (IMX) $0.60 ↑ 6.80%
dogwifhat dogwifhat (WIF) $1.08 ↑ 0.75%
The Graph The Graph (GRT) $0.11 ↑ 1.63%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 12.96%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.58 ↑ 0.23%
Kaia Kaia (KAIA) $0.17 ↑ 2.43%
PancakeSwap PancakeSwap (CAKE) $2.85 ↑ 3.47%
Lido DAO Lido DAO (LDO) $1.10 ↑ 0.00%
Sonic Sonic (S) $0.34 ↑ 0.58%
Tezos Tezos (XTZ) $0.90 ↑ 0.76%
PAX Gold PAX Gold (PAXG) $3,355.56 ↑ 0.05%
Conflux Conflux (CFX) $0.18 ↑ 1.40%
Vaulta Vaulta (A) $0.57 ↓ -0.08%
Theta Network Theta Network (THETA) $0.90 ↑ 1.93%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.05%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 1.58%
Nexo Nexo (NEXO) $1.31 ↓ -0.28%
IOTA IOTA (IOTA) $0.22 ↑ 3.51%
Raydium Raydium (RAY) $3.12 ↑ 2.59%
Tether Gold Tether Gold (XAUt) $3,347.04 ↑ 0.04%
Gala Gala (GALA) $0.02 ↑ 1.65%
The Sandbox The Sandbox (SAND) $0.31 ↑ 3.08%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↓ -0.72%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 2.09%
Pendle Pendle (PENDLE) $4.43 ↓ -1.25%
Jito Jito (JTO) $2.02 ↑ 2.67%
Home Cryptocurrency

TFUEL Coin Weekly Analysis And Price Prediction

Continuing the downtrend, TFUEL Coin must break the downtrend upwards to become bullish- support and resistance points.

Sean Odhran by Sean Odhran
20 April 2023
in Cryptocurrency
Reading Time: 3 mins read
0
What is TFUEL Coin?
YouTube video

This article will analyze the TFUEL coin according to coinmarketcap data. First, we will discuss the TFUEL coin and its projects and make technical and graphic analyses. The analysis we will do in the weekly period will help the investors to take risks and manage their portfolios.

Table of Contents

Toggle
  • What is TFUEL Coin?
    • YOU MAY BE INTERESTED
    • Pudgy Penguins Mooned, Now Troller Cat’s 2024% ROI Is Turning Heads Fast
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    • What are the projects of TFUEL?
      • Factors Influencing TFUEL Price
        • TFUEL COİN TECHNICAL ANALYSIS
          • TFUEL Chart Analysis
        • It may get your attention:

What is TFUEL Coin?

TFUEL (Theta Fuel) is a cryptocurrency token that powers the Theta Network, a decentralized video streaming and content delivery platform built on blockchain technology. TFUEL is used as a utility token for various functions on the Theta Network, including payment for bandwidth and storage resources, payment to edge nodes for relaying video streams and staking for network validation and governance.

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What are the projects of TFUEL?

Some of the projects of TFUEL coin include:

Theta Edge Node:This software application allows users to share their excess bandwidth and computing resources in exchange for TFUEL rewards.

Theta Mainnet 3.0:This upcoming upgrade to the Theta Network will introduce several new features, including smart contracts and NFT (non-fungible token) capabilities.

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ThetaSwap:This decentralized exchange (DEX) built on the Theta Network allows users to trade TFUEL and other Theta-based assets.

ThetaDrop:This marketplace for NFTs built on the Theta Network enables creators to sell their digital creations directly to fans.

TFUEL Coin Weekly Analysis And Price Prediction

Factors Influencing TFUEL Price

The price of the TFUEL coin is influenced by a variety of factors, including:

Demand and supply:The price of TFUEL is affected by the demand and supply of the token. The price will increase if the request for TFUEL is high and the supply is limited. Conversely, if the supply of TFUEL is high and the demand is low, the price will decrease.

Adoption and usage:The more the Theta Network is used and adopted, the more demand for TFUEL. Increased usage of the network for video streaming and content delivery can also drive up the price of TFUEL.

Competition:The Theta Network is not the only blockchain-based video streaming platform. If competing platforms gain traction and offer similar services, this could negatively affect the demand for TFUEL and its price.

Investor sentiment:Like all cryptocurrencies, the price of TFUEL is influenced by investor and market sentiment. News and events, such as regulatory developments or significant partnerships, can also affect the cost of the token.

TFUEL COİN TECHNICAL ANALYSIS

After seeing its highest value of $ 0.68 in June 2021, TFUEL, which entered a downtrend, lost 95% of its value until the beginning of 2023, falling to $ 0.0312. TFUEL, which has been trying to recover since the beginning of 2023, is currently trading at $ 0.0560. According to coinmarketcap data, Audio, which has a size of $342,217,248, has had a volume of $5,444,061 in the last twenty-four hours.

tfuel coin analysis 20-04-23

TFUEL Chart Analysis

TFUEL Coin, another coin that upset its investors by losing 95% of its value in the downtrend that started in 2021, falling from $ 0.68 to $ 0.0312, is still far from its peak value, although it is trying to recover from January 2023. When we examine the TFUEL chart, it still needs to break the downtrend it entered in 2021. If we look at the weekly-based support and resistance zones of TFUEL, which must break the falling trend (red line) to start the uptrend, $0.0494 is our support zone, while our downtrend red line and $0.0843 resistance zone can be followed.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their research when deciding. This article does not include investment advice or suggestions. Every investment and trading move involves risk, and readers should perform their analysis when determining.

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Sean Odhran

Sean Odhran

Financial Writer Hello there, my name is Sean, and I'm a financial reporter with a particular interest in the world of cryptocurrency. I'm passionate about delivering accurate and insightful reporting that helps my readers navigate the complex world of finance and make informed decisions about their investments.

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