Among altcoins, Tron is definitely a rarity at the moment. While many other tokens are down 70%, 80%, or even 90% and trade close to their bear market low, Tron has constantly moved upwards since late 2022!
In fact, the token has been trading in a wonderful upward channel for more than two years! Even the latest market drop last Monday didn't force Tron to leave its path—it simply bounced from the bottom.
As a result, I expect Tron to move back to the channel top in the next days/weeks. Moreover, if the bullish momentum continues, we could see another breakout attempt—similar to the one in March.
However, even if this won't happen, Tron provides nice trading opportunities based on the channel.
Moreover, if we enter a bull run in late 2024 or 2025, Tron should be among the top tokens — at least based on its recent performance.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.