【Hacksaw games list ios】Tron (TRX) Price Is Bullish, But There's a Catch

- What is happening
- Top three token in 2025?
- TRX price prediction
What is happening
This past week, Tron (TRX) achieved a significant milestone by becoming the 10th-largest cryptocurrency on Sept. 16, surpassing Cardano (ADA).
TRX saw its first price increase since October 2022, reaching a new high of $0.153 on Friday. However, a minor correction ensued, bringing the price just below $0.152.
Related Thu, 09/12/2024 - 15:10 TRON (TRX) Skyrockets 237% in Bullish Metric
Mushumir Butt
Currently, TRX is struggling to break through the $0.152 resistance level, but a successful move past this barrier could signal further upward momentum.
Advertisement
Top three token in 2025?
Tron founder Justin Sun recently expressed a bullish outlook on TRX, predicting that it will soon rank among the top three digital currencies by market capitalization.
In an interview with Altcoin Daily, Sun pointed to Tron’s rapid development as a key driver of its competitive edge against market leaders Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB).
Related Mon, 09/16/2024 - 14:50 Justin Sun Issues Epic Tron (TRX) Prediction for 2025
Godfrey Benjamin
Sun highlighted that, compared to seven years ago, his current optimism is grounded more in Tron’s evolution and realistic prospects rather than mere ambition. He believes the protocol is well-positioned to challenge the top cryptocurrencies in the near future.
"I believe #Tron will become a top 3 cryptocurrency in the next 2 years" - Justin Sun pic.twitter.com/HDg3FddkXP
— Altcoin Daily (@AltcoinDailyio) September 16, 2024
TRX price prediction
Tron's price has been in decline since Aug. 25, forming a descending channel marked by lower highs and lower lows.
Open Interest (OI), which reflects the number of unsettled futures or options contracts, has also been trending downward after peaking at $191 million on Aug. 21.
However, the current seven-day average for TRX's OI is at $214 million, suggesting a possible shift.
If market sentiment improves and demand for TRX increases, the price could break through resistance, potentially targeting its recent high of $0.17.
This would signal a reversal of the ongoing downtrend and could lead to renewed bullish momentum.
The relative strength index (RSI) is at 69.68 and signals "Sell." The future of the TRX price for October is likely to be defined in the next several days.
next:Gate.io Top Crypto Exchange Makes Digital Assets Accessible: Review
Related article:
- Snabblån och problemspelande – en växande utmaning
- The Sweepstakes casinos boom and why more players are joining in
- Maryland’s Vanessa Atterbeary Voted Policymaker Of The Year
- Alleged extortion lawsuit against DraftKings allowed to proceed
- Inlevelserik variant med slow
- Sports Betting Vote Certified In Missouri
- IGTs Player
- Travis Kelce
- Vann mer än en halv miljon gånger pengarna
- Missouri Sports Betting Unlikely By World Series
Recommended:
- En läcker och annorlunda Egypten
- IC360 Wins 2024 Responsible Gaming Award For ProhiBet
- Top 5 College Bowl Game Names, Overall And Food Division
- Stake Casino’s exclusive Pragmatic Play dice selection
- BetMGM utsedd till Årets online casino på GGA 2025
- College Playoff Bettors Shut Out In Some States
- BetMGM Voted AGA 2024 Online Casino Of The Year
- Sportradar Wins Two 2024 American Gambling Awards
- 58% Jump in Dogecoin (DOGE) Trading Stuns 'Dogeday'
- Houston's Mattress Mack Recovering From Heart Surgery
- Vad är Miljonchansen?
- Den svenska speljätten ATG tar nu klivet in på den finska spelmarknaden
- Regeringen har tecknat ett nytt avtal med spelbolaget ATG
- Vilka bordsspel ska man börja med?
- XRP to $2.70 or $1.70? Bollinger Bands Reveal Truth Behind XRP Price Chart
- Varannan kille på gymnasiet spelar om pengar
- Massive Ethereum (ETH) Price Crash to $800 Predicted by Legendary Trader Brandt
- Massiv vinst i uppföljaren till kultklassikern
- Vad är Jumanji The Bonus Level?
- Glitnor & Roar Vegas får sammanlagt betala över 30 miljoner kr i böter