Alien Worlds Price Prediction 2021 – Will TLM Hit $0.85 Soon?

Alien Worlds Price Prediction 2021 - Will TLM Hit $0.85 Soon?
  • Bullish TLM price prediction ranges from $0.37 to $0.72.
  • The TLM price might also reach $0.85.
  • TLM bearish market price prediction for 2021 is $0.25.

In TLM price prediction 2021, we use statistics, price patterns, ADX, and much other information about TLM to analyze the future movement of the cryptocurrency

Alien Worlds is a mining game in which you can earn Trilium (TLM) and have a chance to mine an NFT game card every time you mine. It is an NFT Defi metaverse that replicates market competition and player collaboration. This DeFi Metaverse is a blockchain-based game that anyone can play for free.

Current Market Status of Alien Worlds (TLM)

According to Coingecko, the price of TLM is $0.278 with a 24-hour trading volume of $169,772,073 at the time of writing. However, TLM surged to 3.95% in the last 24 hours.

Moreover, TLM has a circulating supply of 914,030,370 TLM coins. Currently, TLM trades in cryptocurrency exchanges such as Binance, BitWell, Bitcoin.com Exchange, and Gate.io.

Alien Worlds (TLM) Price Prediction 2021

Alien Worlds (TLM) holds the 158th position on CoinGecko right now. TLM price prediction 2021 is explained below with a daily time frame. 

TLM/USDT Flag Pattern (Source: Tradingview)

The Flag is a trend continuation pattern that allows you to enter the market in the midst of a trend. It happens when the price of an asset moves up or down in a strong trend and then abruptly stops.

The price then trades roughly sideways in a relatively narrow range, frequently gently moving in the opposite direction of the original trend. The pattern now has a sloping, rectangular shape, resembling a flag, due to two trend lines marking the top and bottom of that range. The price eventually breaks out of the flag and resumes its original strong trend, providing you with the opportunity to enter that trend at a slightly lower price than before the flag formed.

Currently, TLM is waving at $0.278. After this, TLM may continue to fall or rise according to the breakout. With this pattern, TLM will violate the upper trendline reaching $0.55 soon. If the trend reverses, then the price of TLM may fall to $0.24.

Alien Worlds (TLM) Support and Resistance Level

The below chart shows the support and resistance level of Alien Worlds (TLM). 

TLM/USDT Support and Resistance Level (Source: TradingView)

From the above chart, it is observed that the following are the resistance and support level of TLM.

  • Resistance Level 1 – $0.37
  • Resistance Level 2 – $0.51
  • Resistance Level 3 – $0.72
  • Support Level 1 – $0.25
  • Support Level 2 – $0.16
  • Support Level 3 – $0.12

The chart depicts the bullish performance of TLM over the previous month. However, this trend will break out at $0.29 and reach the resistance level at $0.55. On the contrary, if the trend reversed then TLM might fall to $0.24 presenting a bearish signal.

Alien Worlds (TLM) Average Directional Index (ADX)

Let us now look at TLM’s Average Directional Index (ADX). In particular, the ADX assists traders in determining the strength of a trend rather than its direction. It can also be used to determine whether the market is changing or if a new trend is beginning. It is, however, linked to the Directional Movement Index (DMI).

Moreover, the oscillator has a range of 0 to 100. In addition, a high value represents a strong trend, while a low value represents a weak trend. Furthermore, it is frequently combined with directional indicators.

TLM/USDT ADX (Source:TradingView)

The above chart represents the ADX of TLM with the range at 45.15, so it indicates a strong trend.

Conclusion

The TLM is one of the cryptos which is great for long-term investment. In addition, short-term TLM price prediction will be bullish, after the breakout at $0.29. But, it has a good chance of reaching $0.55 this year. However, this will only happen if many previous psychological barriers are broken.

Furthermore, with the advancements and upgrades on the TLM ecosystem, the performance of TLM would rise reaching $0.55 very soon. But, it might also reach $0.85 if the investors believe that TLM is a good investment in 2021.

Disclaimer: The opinion expressed in this chart solely author’s. It is not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Recommended for You

A devoted content specialist who is inquisitive on exploring crypto and blockchain technology. She is fond of providing innovative contents that tugged her to write for NewsCrypto.