Good morning guys,

TFUEL is the second token on the Theta blockchain that serves as the utility token in decentralized video and data delivery, it also acts as a gas token. This means that it is used to power all operations on the Theta blockchain, like payments to relayers for sharing a video stream, for deploying and interacting with smart contracts, and as fees associated with transacting NTFs and DeFi applications.

As one of our followers asked us to analyze this coin here we are. Recently it had a massive breakout from that resistance that help the price back for some time so now we have several options but we will tell you two of them.

Firstly - The resistance that it broke will turn into Support and won't let it breakdown from there meaning price could go up to $0.14
Secondly - Price will struggle at $0.75 and breakdown to $0.6 where we should see a correctional bounce up

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Yours Sincerely,

Swallow Team 🔱

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