TRON Faces Key Resistance With Potential Breakout Target at $0.50
TRON (TRX) has been experiencing muted performance in recent weeks, trading at $0.3389 at the time of writing. This represents a 21.4% decline from its all-time high of $0.4313, recorded late last year. Despite relatively stable price levels in recent days, the lack of upward momentum suggests investors might be carefully watching for a catalyst that could determine the token’s next major move. Amid this market setting, analysts are closely tracking TRON’s on-chain data. One key observation comes from CryptoQuant contributor CryptoOnchain, who examined network activity and resistance....
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Solana (SOL) has emerged as a major headliner following an impressive 20.89% gain over the last week. Solana’s price now sits comfortably within the $240 price range and is only 18.05% away from its present all-time high at $294. Interestingly, renowned market expert Ali Martinez has noted a positive effect of SOL’s recent price surge, which points to a sustained price rally. Related Reading: Analyst Sets Bold $1,314 Target For Solana After Cup-And-Handle Breakout SOL Surges Above Key $205 Resistance: Fibonacci Levels Point Toward $362 In an X post on September 13, Martinez....
Post scripting another breakout from a contracting channel, Bitcoin rose to an intraday high of $247.99. With this gain, Bitcoin has marched towards the primary target of $250. On the increased hopes of a possible Greek government deal with its creditors, Bitcoin is trading up 1.04% at $246.98. Market participants must book partial profits when the first target is met. The other two targets of this breakout are $255 and $260. Technical indicators overlaid on the 240-minute BTC-USD price chart tell of a positive undertone for Bitcoin. Bitcoin Chart Structure - As can be seen from the above....
Dogecoin has just made a noteworthy move on the charts, breaking out from a bullish formation that had traders watching closely for signs of a trend shift. After consolidating within a tightening range, the price pushed past a key resistance zone. This breakout is generating excitement across the market, with analysts pointing to the potential for further upside if buying pressure continues to build. However, with critical levels now in play, the spotlight turns to whether the bulls can sustain this momentum and defend the breakout zone. A strong follow-through could pave the way for DOGE....
Solana (SOL) is riding a wave of investor confidence, with its price steadily climbing towards uncharted territory. This bullish trend has analysts scrambling for their charts and telescopes, predicting a potential price explosion that could propel SOL to its all-time high (ATH) and beyond. However, amidst the excitement, some experts urge caution, reminding investors that cryptocurrency seas can be treacherous. Related Reading: ADA Price Surge Could Push Ratio Of Holders In Loss Below 55% Solana Sets Sail For Higher Ground The past week has been a banner one for Solana. The price has....
The New NFT project appears on the raging market. Now targeting the Tron community. Tron Cool Cats , a new project supported by Palmar Labs, is a collection of 10K unique randomly generated NFTs, pouring in the Tron ecosystem. Another project shows up in the fast-growing NFT market. This time cats are taking the Tron […]