𝐓𝐫𝐨𝐧 (𝐓𝐑𝐗) 𝐑𝐞𝐬𝐮𝐫𝐠𝐞𝐬: 𝐂𝐨𝐮𝐥𝐝 𝐈𝐭 𝐑𝐞𝐚𝐜𝐡 𝐍𝐞𝐰 𝐇𝐞𝐢𝐠𝐡𝐭𝐬 𝐋𝐢𝐤𝐞 𝐭𝐡𝐞 𝟐𝟎𝟐𝟏 𝐁𝐮𝐥𝐥 𝐑𝐮𝐧?🚨🚨

After its meteoric rise in 2021, Tron (TRX) is making waves once again. As major cryptocurrencies like $XRP $DOGE , #ADA , $SOL , and #AVAX have driven the market, Tron has followed suit and surpassed a market capitalization of $20 billion. With a strong start to the current bull market, the question remains: can TRX continue its upward trajectory and deliver another monumental rally?

Just 30 days ago, #TRX was priced at $0.16, but it has since surged by over 41%, hitting a new all-time high (#ATH ) of $0.23. This marks a notable breakthrough from its previous peak of $0.22 in June 2018, a level it had struggled to break for years. The rising buying pressure indicates that Tron’s upward momentum could persist, pushing the price even higher in the near term.

Key indicators suggest that further gains may be on the horizon for #TRX . The Global In/Out of Money (GIOM) metric reveals that the majority of Tron investors are currently in profit, which could signal additional bullish movement. This positive market sentiment is bolstered by the Chaikin Money Flow (CMF), which measures money flow into and out of an asset. As the CMF rises above zero, it highlights strong buying pressure. If this trend continues, TRX could climb towards $0.30. However, a dip below zero on the CMF could invalidate this projection, potentially seeing TRX retreat to $0.20.

Crypto analyst Evan Luthra has drawn parallels between Tron’s chart and that of XRP, which has seen explosive gains recently. Luthra’s prediction that TRX could follow a similar upward path has sparked excitement among investors, fueling optimism that Tron’s rally is just beginning. For those invested in TRX, the current market conditions suggest the potential for continued growth, making this a critical moment for traders to stay informed.