Bitcoin price is currently stuck in a downturn, while some altcoins such as Fantom and Tron are performing strongly. Since the rebound of Ethereum price, altcoins are ready to reach new peaks in the second half of this year. #币安合约锦标赛 #币安用户数突破2亿

Tron (TRX) Price Analysis:

TRX price experienced a severe correction in March, falling more than 25% to a low of $0.104, but the $0.1 support line remained stable. Since rebounding from the bottom, TRX price has shown healthy upward momentum, although the price has been fluctuating around $0.11 in recent weeks. Currently, the price is in a critical range, and a slight increase in buying pressure may trigger a new round of upward momentum.

Despite the increasing bearish sentiment in the market, TRX price has continued to form relatively lower lows and highs. However, bulls still show strong competitiveness as the price remains at a relatively high level. Currently, TRX is trying to break through the 0.23 Fibonacci level and strive to surpass the 200-day moving average, which is a strong resistance area. As the RSI indicator continues to show a strong uptrend, TRX price is expected to break out of the trendline and reach the target area between 0.38 Fibonacci and $0.122.

Fantom (FTM) Price Analysis:

FTM price fell by more than 40% in the past 30 days, but then it rebounded healthily and started a solid uptrend. The buying volume has increased, increasing the volatility of the token. Therefore, FTM price is expected to usher in a rise of about 25%, marking its presence in an important resistance area.

FTM price rebounded from the support of the ascending channel and is expected to continue its upward momentum in the coming days. The RSI indicator has started to rebound, while the MACD is about to form a bullish crossover, and this continued upward momentum may push the price into the positive range. This will help Fantom (FTM) price to maintain a healthy upward trend and is expected to break through the resistance zone between $0.732 and $0.76, paving the way for the key milestone target of $1.

Up 🚂+Q button 👇

D🚂N🚂V🚂6🚂1🚂2🚂7

Like and follow! 😍😍😍