Recent market activity has again fueled another optimistic Ethereum price prediction. Tron (TRX) faces strong resistance at $0.30, while a new altcoin appears to be taking over the market.
Recent market growth has sent positive signals across Ethereum’s ecosystem. In contrast, market sentiment seems to be cooling off in recent Tron news following Justin Sun’s appearance at Donald Trump’s controversial dinner. With momentum slowing for TRX and the fast growth of a newcomer, many investors are considering alternative opportunities with higher upside prospects.
Hardly any project fits that description better than Mantix ($MTX). This decentralized trading crypto project with a token valued at just $0.02 is in its stage 1 presale, and experts already see 100x potential ahead. Created for speed, security and global accessibility, Mantix ushers in a new trading era with advanced blockchain capabilities.
Tron news and price performance
Tron news has revealed TRX’s recent struggles to smash the $0.30 resistance. Tron trades for about $0.2720, and a dip in open interest shows that several traders are withdrawing. Recent involvement in political events has sparked worries over reputational risk and regulatory exposure, adding to the existing pressure around its price performance.
While Tron’s strong market cap and place among the top 15 crypto assets globally remain firm, its current momentum echoes exhaustion. Judging by Tron’s derivatives data, there’s more dominance in long positions. However, liquidations indicate over-leverage and slowed momentum.
If Tron fails to add fresh catalysts like protocol upgrades or strategic partnerships, its price will likely consolidate in the $0.25–$0.28 range.
Ethereum price prediction
Ethereum price prediction hit a new pace recently after the major altcoin’s bullish momentum revs. Investors are keenly observing Ethereum’s chance to flip the $2,750 resistance and retest long-term trend lines again.
Should Ethereum retain its recent momentum, it could smash the $3K mark as early as June, repeating previous explosive surges. With a market cap that exceeds Bank of America, there’s an optimistic sentiment around ETH. Analysts also bank on technical signals and historical patterns that confirm a likely continuance of growth. Alt Season soon?
Source: FXEMPIRE
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