TRON (TRX) Eyes $0.30 Resistance Amid Whale Activity Drop and Bullish Technical Signals
TRON’s TRX has recently experienced a price retracement to $0.26 after a brief rally to $0.2739, despite a significant decline in whale activity. Whale transactions dropped sharply from 1,060 to 346, impacting trading volume metrics. However, a golden cross between the SMA50 and SMA100 suggests underlying bullish potential, with the $0.30 resistance level remaining a key target. This article explores the current state of TRX, the implications of reduced whale participation, and the technical indicators pointing to future growth.
TRON Whales Dump 231M TRX Amid Price Retracement – $0.30 Target in Focus
TRON’s TRX retreated to $0.26 after a rally to $0.2739, despite a sharp decline in whale activity. Whale transactions plummeted from 1,060 to 346, dragging down volume metrics. A golden cross between SMA50 and SMA100 suggests bullish potential, with $0.30 remaining a key resistance level.
The altcoin’s recent pullback reflects weakening large-holder participation, though technical indicators hint at underlying strength. Market watchers now weigh reduced whale support against chart patterns that historically precede upward momentum.
Best Altcoin to Buy Now: Top Crypto Tokens Priced Below $0.50 Set to Hit $5 in 2025
Investors hunting for undervalued altcoins are eyeing Dogecoin (DOGE) and Tron (TRX), long-standing favorites with robust communities. Now, Mutuum Finance (MUTM) emerges as a contender, priced at $0.025 in its fourth presale phase. The project has drawn 11,000 investors and raised $8.7 million, with 90% of the current phase already sold.
Early backers could see a 20% gain as MUTM climbs to $0.03 in Phase 5, and up to 140% by launch at $0.06. With real-world utility and accelerating demand, these tokens—DOGE, TRX, and MUTM—are positioning for potential breakouts in 2025.
4 Cheap Altcoins Below $1 Poised to be The Next Ripple (XRP)
Investors are aggressively scouting for undervalued altcoins under $1, mirroring XRP’s trajectory as a disruptor in traditional finance. dogecoin (DOGE), Cardano (ADA), Tron (TRX), and newcomer Mutuum Finance (MUTM) are emerging as frontrunners in this race.
Mutuum Finance’s presale Phase 4, now 90% sold after raising $8.7 million from 11,000 investors, offers a 140% upside at its current $0.025 price point. The window for participation is narrowing as the phase nears completion.