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Cryptocurrency Forecasts: Tron, Stellar, and Kaspa Remain Promising

Sep 19, 2024
  1. Tron Dao (TRX) Forecast
  2. Stellar (XLM) Bullish Trend
  3. Kaspa (KAS) Prospects

Many promising cryptocurrencies, such as Tron (TRX), Stellar (XLM), and Kaspa (KAS), have yet to hit the $1 price milestone. Nevertheless, experts predict significant price increases for these tokens, provided they maintain a positive market trend.

Tron Dao (TRX) Forecast

TRX price has increased by 78% in the last 365 days, outperforming 56% of the top 100 crypto assets. It is currently on a bullish trend, rising 1.80% to $0.1501 in the past week. TRX witnessed 16 green days in the last 30 days and is trading above the 200-day SMA. Despite its positive performance compared to the token sale price, TRX is still 50% down from its all-time high. TRX’s trading volume has also dropped by 8.53%, with its technical analysis and analysts predicting a price drop of 13.71% in the coming weeks.

Stellar (XLM) Bullish Trend

Following recent news from Stellar, which highlighted that projects on the platform will have access to Hypernative’s tools and expertise in incident response, enabling them to address security threats and recover lost funds swiftly, XLM price surged to $0.096. Although XLM is still down 90% from its all-time high, its market performance has been impressive. XLM is currently outperforming 92% of the top 100 crypto assets, including Bitcoin and Ethereum, and analysts predict a further price increase to $0.153 in the coming bull market.

Kaspa (KAS) Prospects

KAS has been bullish since last year, and its price has increased by 257% year-to-date. KAS is only 16% below its all-time high and has witnessed 15 green days in the last 30 days, trading above the 200-day SMA with its MACD and RSI indicating strong buying pressure. Moreover, KAS outperforms 84% of the top 100 crypto assets, including Bitcoin and Ethereum. Although KAS’ price and market cap have surged significantly, experts predict its price will rise by 232.39% in the coming bull market but will likely not reach $1 this year.

Despite current performances, Tron, Stellar, and Kaspa remain promising cryptocurrencies. Current forecasts indicate significant price increases if positive market trends continue.

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