Investors and analysts expect a crypto supercycle in 2025, despite current bearish trends. We review the current performance and forecasts for TRON (TRX), Ripple (XRP), and introduce the new project FXGuys.
Mixed Signals with Ripple
Ripple's XRP showed a 4.1% increase last month, but now trades at $2.32 after a 3.3% drop over the past week. The drop correlates with large sell-offs by long-term investors. Ripple's lawsuit with the US SEC has added to the uncertainty. However, analyst Ali Martinez notes that Ripple's chart has turned bullish, even though CoinCodex predicts its price to hold around $2.30 throughout January.
Projections for TRON
The Fed's announcement of fewer rate cuts for 2025 on December 18, 2024, significantly affected TRX. Its price dipped to $0.23 on December 20 and has struggled since, currently at $0.24. Despite briefly reaching $0.26 last week, demand remains insufficient. TRON saw a negative net flow of $8.38 million in the past seven days. CoinCodex anticipates TRON's TRX to remain around $0.25 in January 2025.
Benefits of Decentralized Trading with FXGuys
FXGuys is the first fully decentralized forex trading platform combining DeFi and TradFi to create a comprehensive PropFi protocol. It offers a wide range of assets from crypto to stocks, indices, and commodities, along with analytics and funding programs. It enables traders, especially beginners, to access initial trading capital by completing a challenge. The platform is unique for its no-KYC policy, ensuring user privacy and anonymity.
The coming year brings a new wave of opportunities in the crypto market, from traditional tokens to new innovations like FXGuys. Observing market moves closely may be crucial for successful investing.
