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Can TRON (TRX) Reach $1 by the End of 2024?

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by A1

4 months ago


  1. BLASTUP Set to Dominate the Altcoin Season
  2. TRON (TRX) Eyes New Highs Amid Volatile Market
  3. Conclusion

  4. As 2024 approaches, many questions arise about the growth prospects of various tokens in the cryptocurrency market. In this article, we will examine the forecasts for TRON (TRX) and the new BLASTUP token.

    BLASTUP Set to Dominate the Altcoin Season

    The BLASTUP token, newly listed on major exchanges, is already showing strong performance. In just one week, it surged 100%, and technical indicators suggest the bullish momentum is likely to continue. Looking ahead, BLASTUP could become a standout player in the upcoming altcoin season.

    BLASTUP’s strong fundamentals support its potential for further growth. As the native token of the fastest-growing launchpad within the Blast ecosystem, the BlastUP platform is quickly building a dedicated community of supporters.

    BLASTUP token holders benefit from: * Earn staking rewards with an impressive APR of up to 24% * Early access to IDOs, offering investment opportunities in some of the hottest new projects * Loyalty perks and priority allocations for upcoming projects on BlastUP

    Analysts forecast a growing demand for the BLASTUP token and a potential 1,000% increase in its value by the end of the year.

    TRON (TRX) Eyes New Highs Amid Volatile Market

    TRON’s current price is between $0.14 and $0.18. Its price has risen nearly 4% in a week and over 21% in a month. The coin shows strong upward momentum, sitting at a 10- and 100-day average of $0.16. Key resistance sits at $0.19, with a second level at $0.23. If TRX breaks through, it could see another 30% increase.

    Support is down at $0.12 and $0.09, providing a safety net. With an RSI of 69.25 and Stochastic of 92.07, the coin is approaching overbought conditions. Market forces will decide if TRX continues its climb or faces a pullback.

    Conclusion

    While TRON has growth potential, its chances of reaching $1 by the end of 2024 are uncertain. On the other hand, BLASTUP stands out with the highest potential due to its unique concept and its integration within the Blast ecosystem.

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