Cardano’s Price Prepares For Another Spike—How Long Until Tron Joins the Growth?

Cardano shows signs of rising again, raising questions about when Tron might join the upward trend. 

ChangeNOW, a service for exchanging cryptocurrency without registration, reports increased transaction volumes for ADA and TRX. Savvy investors and large holders concerned about fund safety are using ChangeNOW more, suggesting an accumulation phase that could signal future growth for these coins.

Cardano Gains Momentum as Bulls Drive ADA Towards Key Resistance Levels

Source: ChangeNOW

Cardano (ADA) is showing strong bullish activity, with its price increasing significantly over the past month. The cryptocurrency has seen a one-week price change of 49% and a one-month surge of 136%. The Relative Strength Index stands at 60.54, indicating positive momentum. The current price hovers between $0.54 and $0.84, approaching the nearest resistance level at $0.98. If the bullish trend continues, ADA could test this resistance and potentially climb towards the second resistance level at $1.28. The Simple Moving Averages also support this outlook, with the 10-day SMA at $0.87 above the 100-day SMA of $0.78. Overall, the market data suggests that bulls are currently influencing Cardano’s price movement. Those interested in Cardano can access it on ChangeNOW with no registration and no hidden fees.

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TRON (TRX) Gains Momentum Amid Positive Price Trends

Source: ChangeNOW

TRON (TRX) has shown impressive growth recently. Over the past six months, its price has increased by 74%, climbing by 24% in the last month and 13% in the past week. Trading between $0.17 and $0.22, TRON is approaching its nearest resistance level at $0.23. A breakthrough could see it reaching the next resistance at $0.27. Support levels are at $0.15 and $0.11. Technical indicators show a Relative Strength Index of 48, suggesting neutral conditions, and a MACD level indicating potential bullish momentum. The price aligns with both the 10-day and 100-day simple moving averages at $0.20, reflecting a stable trend. These factors suggest positive sentiment in the market for TRON.

Those interested in TRON can trade it on ChangeNOW, a platform that requires no registration and charges no hidden fees.

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Conclusion

Cardano and Tron offer distinct opportunities for investors and traders, each showing potential for growth. With Cardano’s price hinting at another spike, attention turns to whether Tron will follow suit. For those considering these coins, ChangeNOW provides an excellent platform for transactions. It allows users to exchange, buy, or sell cryptocurrencies without hidden fees or the need for registration. This approach enhances security by not storing user funds. Supporting over 900 cryptocurrencies, ChangeNOW imposes no limits on transaction amounts and even offers the option to purchase crypto using a bank card. This makes it a flexible and user-friendly choice for all crypto enthusiasts.


This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.

Source: https://bravenewcoin.com/insights/cardanos-price-prepares-for-another-spike-how-long-until-tron-joins-the-growth