Bullish TLM Price Predictions
Bullish forecasts for the price of Trilium (TLM) range from $0.00968 to $0.0393, with analyses indicating that TLM might surpass the $0.2369 mark. Conversely, the bearish outlook for TLM’s price in 2023 is projected at $0.01026.
Understanding Alien Worlds (TLM)
Alien Worlds is a user-driven decentralized metaverse featuring non-fungible tokens (NFTs) where players vie for valuable resources known as Trilium (TLM) within a simulated economy that spans various planetary worlds. Enhancing its ecosystem, Alien Worlds incorporates decentralized finance (DeFi) mechanics that allow players to stake TLM and cast votes in Planet Decentralized Autonomous Organizations (DAOs). Participants, referred to as “explorers,” can earn financial rewards through gameplay and engagement in Planet DAOs. By mining within the game, users can earn Trilium (TLM) or NFT packs, with options to stake TLM for increased rewards or compete with others for NFTs. Each TLM holder has a say in the governance of the platform, which enables stakers to vote or take on leadership roles. Staking TLM in Planet DAOs signifies allegiance to a specific planet, resulting in higher daily TLM rewards. The staked amount determines the influence a user has in voting on the planet’s future. Becoming a leader in Alien Worlds is feasible as players may run for Councillor positions across multiple planets. Each planet can have several elected Councillors who share multi-signature control of the respective Planet DAO account.
Alien Worlds (TLM) Market Overview
As of now, Alien Worlds (TLM) holds a price of $0.0047182806727839 and is ranked #702 on CoinMarketCap in terms of market capitalization. There are approximately 5,798,185,389.4008 TLM coins in circulation, contributing to a total market cap of about $27,357,466.06. Over the last 24 hours, Alien Worlds has seen a decline of 3.02%, and in the past week, the coin’s value has dropped by 19.84%.
Current Market Status of Alien Worlds (TLM)
According to CoinMarketCap, TLM has a circulating supply of 3,596,589,814 coins, with a maximum supply capped at 10,000,000,000 TLM. At the moment, TLM is trading at $0.0115, reflecting a 24-hour decrease of 2.57%. The trading volume for TLM over the past day is approximately $5,391,941, marking an 8.81% drop. The leading exchanges for TLM trading include Binance, Bitrue, Bybit, Bitget, and Hotcoin Global. With an understanding of TLM’s current status, we will delve into its price analysis for 2023.
Alien Worlds (TLM) Price Analysis for 2023
Currently, Alien Worlds (TLM) is positioned at rank 393 on CoinMarketCap. Will the recent updates and enhancements to TLM influence its price positively? To answer this, we will analyze the charts featured in this price forecast.
Price Analysis – Bollinger Bands
Bollinger Bands, created by John Bollinger, serve as a price envelope that defines upper and lower limits for price fluctuations. These bands operate on the principles of standard deviation and time period. The upper band is derived by adding two times the standard deviation to the Simple Moving Average (SMA), while the lower band is obtained by subtracting two times the standard deviation from the SMA. Widening bands signal increased volatility, whereas contracting bands suggest reduced volatility.
When Bollinger Bands are applied to cryptocurrency charts, it is generally expected that prices will remain within these bounds 95% of the time, a theory supported by empirical law. The red rectangles in the chart illustrate periods when the bands have expanded and contracted. A widening of these bands indicates potential volatility, while a contraction indicates stability. The green rectangle showcases how TLM retraced after reaching the upper band, signaling an overbought condition.
Observing the chart, it is apparent that the Bollinger Bands have mirrored the configuration seen in November 2022. Notably, the Bollinger Bandwidth (BBW) indicator registered a reading of 0.71 on both occasions. However, with the BBW indicator trending downward, a contraction of the Bollinger Bands may be on the horizon. This could lead to a phase of consolidation for TLM, followed by a potential increase in volatility, possibly pushing TLM’s price towards the upper band.
Price Analysis – Relative Strength Index
The Relative Strength Index (RSI) is a vital indicator used to assess whether a security is overvalued or undervalued. As suggested by its name, the RSI provides insights into the current performance of a security relative to its historical price movements. It features a signal line represented by a Simple Moving Average (SMA), which serves as a benchmark for the RSI line. An RSI line above the SMA indicates a bullish trend, while a position below the SMA signals a bearish outlook.
Currently, the RSI reads 40.7, positioned above the signal line. Since the RSI is neither in the overbought nor oversold territory, it reflects a strong trend. However, the horizontal alignment of the RSI suggests that TLM may be poised for consolidation in the near future.
According to the RSI Support and Resistance by DGT indicator, TLM has recently surpassed the Crossover Oversold region (indicated by the blue line) and has fallen below the Crossunder Oversold region. As TLM approaches the bear zone (represented by the dark red line), a crossing into this zone at $0.01175 could lead to an upward movement into the bull zone. Traders should consider entering the market once TLM breaches the bear zone. However, the StochRSI indicator indicates that TLM may be overbought and might struggle to reach the bull zone. It is important for traders to remain cautious, as the StochRSI is known for its rapid fluctuations within the range, often leading to false signals.
Price Analysis – Moving Average
Exponential Moving Averages (EMAs) are akin to Simple Moving Averages (SMAs), but they assign greater importance to recent price data. While SMAs distribute weight evenly across all values, EMAs emphasize current prices, making them more relevant for analyzing price movements. The 200-day moving average signifies a long-term trend, whereas the 50-day moving average represents a short-term trend. The interaction of these two averages can indicate the overall strength or trend of the cryptocurrency.
When a cryptocurrency’s price exceeds both the 50-day and 200-day moving averages, it is typically considered bullish. Conversely, if the price remains below both averages, it signals a bearish trend. Currently, TLM is situated below both moving averages and is on an upward trajectory towards the 50-Day EMA. If TLM surpasses the 50-Day EMA, it could face resistance but may also trend towards the 200-day EMA.
Analyzing TLM’s behavior at the beginning of 2023, it is reminiscent of the current situation, where it intersected with the 20-day MA (the white line). Additionally, the candlestick patterns during both instances featured a bullish inverted hammer, suggesting a likelihood of TLM increasing in value and testing the 50-day MA. However, the 100-day MA has crossed below the 200-day MA, indicating a death cross. This raises the question of whether TLM can recover from this bearish signal and ascend towards the 50-day MA.
Price Analysis – Elder Force Index
The Elder Force Index (EFI), developed by entrepreneur Alexander Elder, assesses market trends by evaluating buying and selling pressure based on price changes and volume. A positive EFI indicates a bullish trend due to higher buying pressure, while a negative EFI suggests a bearish market dominated by selling pressure.
The EFI can also signal trend reversals and breakouts. For example, if the EFI creates lower highs while the cryptocurrency produces higher highs, it indicates a bearish divergence. Conversely, if the cryptocurrency records lower lows while the EFI makes higher lows, this points to a bullish divergence, as represented in the chart.
Currently, the EFI is nearly horizontal and close to the zero line, with a reading of -9.962K, and it may soon cross into positive territory. This is a promising sign for those seeking to enter long positions. However, historical behavior of TLM’s EFI shows a tendency to hover near the zero line without crossing, followed by a decline. This could be another false signal, prompting traders to conduct thorough research before acting.
Additionally, the Bear Bull Power (BBP) indicator stands at 0.00040 and is trending downward after a directional shift, supporting the notion of a potential feint movement. The trading volume, currently at 26.734M, has notably increased, suggesting that price corrections may occur before buyers step in to drive TLM higher.
Alien Worlds (TLM) Price Predictions for 2023-2030
The following table outlines the projected price forecasts for TLM from 2023 to 2030:
Year | Minimum Price | Average Price | Maximum Price
2023 | $0.02215 | $0.02369 | $0.02400
2024 | $0.01758 | $0.01792 | $0.01850
2025 | $0.2450 | $0.26773 | $0.2750
2026 | $0.06112 | $0.06843 | $0.07125
2027 | $0.02915 | $0.03443 | $0.03625
2028 | $0.04912 | $0.05363 | $0.05991
2029 | $1.052 | $1.2669 | $1.3122
2030 | $0.6915 | $0.7572 | $0.8124
Examining the chart above, TLM has been trading within a falling wedge pattern since February, characterized by lower highs and lower lows. As TLM approaches the upper trend line of the wedge, it may hit this line and reverse direction, continuing to operate within the wedge. Although it is common practice to enter the market upon a breakout from the wedge, it is advisable to allow the market to stabilize before committing to a long position, especially as TLM had previously executed a false breakout from the wedge.
However, should TLM replicate its early 2023 performance, it may experience significant growth above Resistance 2 ($0.02369), surpassing Resistance 1 ($0.01603), and ultimately breaking free from the wedge. Nevertheless, data from the Bear Bull Power indicator suggests that a premature breakout is unlikely.
For optimistic buyers anticipating an early breakout, timing their entry after confirming that it is not a false signal would be prudent. Following common trading practices for falling wedges, they may choose to invest upon witnessing a breakout and validating that it is genuine, setting a take-profit target around $0.02050 while placing a stop-loss at the lower trend line. Those who prefer to wait for TLM to complete the formation of the wedge may need to exercise patience, particularly since TLM is currently at a low point with minimal support levels below, except for the lower trend line and possibly the lower Bollinger band.
Price Prediction – Resistance and Support Levels
Analyzing the chart, it is observed that TLM fell from Resistance 3 along the 1:8, 1:4, and 1:3 Gann lines before dropping below the 1:1 Gann line. However, by the start of 2023, TLM began to recover along the 4:1 Gann line. In May, TLM faced a significant decline, seeking support at the 8:1 Gann line, which provided temporary assistance before further decline ensued. Currently, TLM is situated just below the 2:1 Gann line and may either break above it or continue to fall along that line.
Alien Worlds (TLM) Price Forecast for 2024
The anticipated Bitcoin halving in 2024 could lead to a positive market trend driven by investor sentiments and the desire to accumulate more coins. However, historical data from previous halvings suggests that TLM may not reach its maximum potential during this time, indicating that it might trade at a price no lower than $0.01792 by the end of 2024.
Alien Worlds (TLM) Price Forecast for 2025
TLM may benefit from the aftereffects of the Bitcoin halving, with expectations of trading significantly higher than its 2024 price. Analysts predict that the halving event could create a substantial impact on the cryptocurrency market, and TLM is likely to rise, establishing new resistance levels, potentially exceeding $0.26773 in 2025.
Alien Worlds (TLM) Price Forecast for 2026
Following an extended bull run, a bearish sentiment may emerge, negatively influencing cryptocurrencies, including TLM. During this phase of price correction, it is possible for TLM to lose traction, potentially trading around $0.06843 by 2026.
Alien Worlds (TLM) Price Forecast for 2027
Traders often anticipate a bullish market sentiment following a bear phase, especially with the next Bitcoin halving approaching in 2028, which could stir excitement among traders. However, TLM may not reflect this enthusiasm, with predictions suggesting it could trade near $0.03443 by the end of 2027.
Alien Worlds (TLM) Price Forecast for 2028
As the cryptocurrency community looks forward to the Bitcoin halving, there may be renewed optimism, prompting TLM to echo its past performance during previous halvings. Consequently, TLM could be trading at $0.05363 by the end of 2028, following a notable increase.
Alien Worlds (TLM) Price Forecast for 2029
Anticipations for 2029 include another bullish run spurred by the aftermath of Bitcoin halving. However, analysts predict that the crypto market will gradually stabilize by this time. In line with this stability, TLM may reach a trading price of approximately $1.26697 by the end of 2029.
Alien Worlds (TLM) Price Forecast for 2030
After a period of bullish performance, TLM, along with other altcoins, may exhibit signs of consolidation, trading sideways with minor fluctuations. By the conclusion of 2030, TLM might be valued at around $0.7572.
Alien Worlds (TLM) Price Forecast for 2040
Long-term projections for TLM suggest that this altcoin could achieve a new all-time high (ATH), which could prompt HODLERS to consider selling portions of their holdings at peak prices. Should this happen, a decline in TLM’s value might ensue. The average price of TLM is anticipated to reach approximately $2.3031 by 2040.
Alien Worlds (TLM) Price Forecast for 2050
The community anticipates widespread adoption of cryptocurrencies, which could sustain gradual bullish gains. If the upward momentum continues, TLM could reach a value of $3.8708 by the end of 2050.
Conclusion
If investors maintain their interest in TLM and incorporate these tokens into their portfolios, its value may continue to rise. Current bullish forecasts indicate that TLM may achieve a price level of $0.025.
FAQ
What is Alien Worlds (TLM)?
Alien Worlds is a decentralized metaverse built by its community, utilizing non-fungible tokens (NFTs) where players compete for Trilium (TLM) in a simulated economy across planetary worlds.
How to buy TLM tokens?
TLM tokens can be traded on various exchanges, including Binance, Bitrue, Bybit, Bitget, and Hotcoin Global.
Will the TLM token surpass its present ATH?
There is potential for TLM to exceed its current all-time high (ATH) price of $7.1885, achieved in 2021.
Can TLM reach $0.025 soon?
TLM has demonstrated resilience and may reach $0.03 following a breakout from its falling wedge, contingent upon surpassing Resistance levels 1 and 2.
Is TLM a good investment?
TLM is considered a suitable investment within the crypto landscape, showcasing high volatility that may attract traders. It represents a viable option for both short and long-term investments.
What is the present all-time low price of TLM?
TLM’s current all-time low price stands at $0.009574.
What is the maximum supply of TLM?
The maximum supply of TLM is set at 10,000,000,000 coins.
Where do I store TLM?
TLM can be stored in various wallets, including cold wallets, hot wallets, or exchange wallets.
What will be the TLM token’s price in 2023?
TLM is expected to reach approximately $0.025 by the end of 2023.
What will be the TLM token’s price in 2024?
By 2024, TLM is anticipated to reach a price of around $0.01792.
What will be the TLM token’s price in 2025?
In 2025, TLM is projected to trade at about $0.26773.
What will be the TLM token’s price in 2026?
TLM is expected to be valued at approximately $0.06843 by 2026.
What will be the TLM token’s price in 2027?
By 2027, TLM is expected to trade around $0.03443.
What will be the TLM token’s price in 2028?
The anticipated price for TLM in 2028 is expected to reach $0.05363.
