š Tron (TRX): Reliving the 2021 Bull Run Glory!
Tron ($TRX) is making waves once again, bringing back memories of its meteoric rise in 2021. With a market cap now exceeding $20 billion, TRX is positioning itself as one of the strongest contenders in the current bull season. Could this be the start of another unstoppable rally?
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š¹ TRX's Remarkable Comeback
Just 30 days ago, TRX was trading at $0.16. In a stunning 41.02% surge, it smashed through its previous ATH of $0.22 (set in June 2018) and recently hit $0.23. Investors are wonderingācould $0.30 be next?
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š Key Indicators to Watch
Global In/Out of Money (GIOM): This metric reveals that most TRX holders are already in profitāa sign of strong market sentiment.
Chaikin Money Flow (CMF): CMF is currently above zero, indicating robust buying pressure. If this trend persists, TRX might soon climb to $0.30.
ā ļø But Be Careful: If CMF dips below zero, TRX could retrace to $0.20.
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š¬ Analysts Weigh In
Crypto analyst Evan Luthra likened TRXās chart to XRPās recent surge, which has dominated the crypto market headlines. Luthraās optimistic outlook is fueling excitement among TRX enthusiasts, with many expecting a similar explosive move.
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š„ TRX in the Spotlight
With major coins like $XRP, $DOGE, $ADA, $SOL, and $AVAX driving the broader market, Tron is firmly positioned to capitalize on the momentum.
Can TRX extend its rise and hit new heights, or will it face resistance?
Join the discussion below and share your predictions!