Features Crypto News by Thebittimes.Com

The cryptocurrency industry has welcomed a wide range of cryptocurrencies over the years. Despite this, some assets remain untethered. Bitcoin (BTC) and Ethereum (ETH) have been ruling over the market for ages now. Justin Sun’s Tron (TRX) is among the assets that made their debut early on. Despite this, the altcoin seems to be struggling to record substantial growth in terms of price. TRX has recorded massive growth of over 22420.64% since its origin. But still, the asset hasn’t moved close to the $1 or even $0.50 mark. Will May 2025 bring in big gains for the altcoin? Also Read: Latest Forecast Shows Ripple (XRP) Reaching $6.4: See the Timeline Tron’s TRX Slides Down Source – Cryptonary At the time of writing, Tron’s TRX was trading at $0.2455. This price was achieved after a 1.48% drop over the past 24 hours. The asset was trading at a high of $0.2493 just earlier today. But soon it came crashing down to a low of $0.2435. Source: CoinMarketCap Amidst this...

The TRON price soared 66% in the last 24 hours to trade at $0.3942 as of 02:25 a.m. EST on trading volume that skyrocketed 475% to $16 billion. The TRX price pump made it the top gainer among the biggest 100 cryptos by market cap, according to CoinMarketCap. TRON Price On A Sustained Price Rally The chart shows a strong bullish trend, particularly over the past few days, with the price surging significantly from a relatively flat consolidation phase around mid-November, within the $0.20 range, according to data from GeckoTerminal . The large spike in the price of TRON is accompanied by a sharp increase in trading volume, signaling significant buying interest. However, the recent candle indicates some profit-taking, as seen by the pullback from the recent high. TRX now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a sign of the continued uptrend. Meanwhile, the Relative Strength Index (RSI) is currently at 79, which is an indication that the ass...