{"id":39358,"date":"2023-07-23T06:04:20","date_gmt":"2023-07-23T10:04:20","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/tron-price-prediction-as-trx-approaches-top-10-rankings-in-the-world-next-big-thing\/"},"modified":"2023-07-23T06:04:22","modified_gmt":"2023-07-23T10:04:22","slug":"tron-price-prediction-as-trx-approaches-top-10-rankings-in-the-world-next-big-thing","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=39358","title":{"rendered":"Tron Price Prediction as TRX Approaches Top 10 Rankings in the World \u2013\u00a0Next Big Thing?"},"content":{"rendered":"
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TRON price stands at $0.084149, with a 24-hour trading volume of $4 million, and it has experienced a slight decline of nearly 3.50% in the last 24 hours.<\/p>\n

Currently ranked at #10 on CoinMarketCap, TRON boasts a live market cap of $75 million, and it has a circulating supply of 89,700,960,494 TRX coins, while the maximum supply remains undisclosed.<\/p>\n

With its impressive performance, TRON is edging closer to securing a spot among the top 10 cryptocurrencies worldwide.<\/p>\n

As this digital asset gains momentum, investors are wondering if TRX holds the potential to become the next big thing in the crypto market.\u00a0<\/p>\n

In this Tron price prediction, we will delve into TRON’s recent price movements, market rankings, and its path to the upper echelons of the crypto world.<\/p>\n

We will also explore alternative coins like Wall Street Memes and Burn Kenny, which are making waves in the market and capturing the attention of investors.<\/p>\n

Is TRON’s Stability Above $0.08244 an Opportunity to Consider Buying?<\/strong><\/h2>\n

The recent breach above the resistance level of $0.08244 has transformed it into a support level, and the presence of a bullish engulfing candle closing above this level adds to the likelihood of the ongoing uptrend continuing today.<\/p>\n

Zooming in on the 4-hour timeframe, we can observe that Tron has crossed below its 50-day exponential moving average, which had previously acted as a support level around the 0.08300 mark.\u00a0<\/p>\n

This breakdown below the moving average suggests an increased potential for the downtrend to persist.\u00a0<\/p>\n

Additionally, both the relative strength index (RSI) and the moving average convergence divergence (MACD) indicators are currently positioned in a bearish zone, further reinforcing the case for a bearish outlook.<\/p>\n

Given these technical indications, it is advisable to consider initiating a short position if Tron drops below the $0.08244 level, with a target set at the $0.07783 level.\u00a0<\/p>\n

A bullish breakthrough above the $0.08499 resistance level may present potential buying opportunities, with potential upside targets at $0.08853 and $0.09079.<\/p>\n

Promising Altcoins to Watch Closely<\/strong><\/h2>\n

Discover the potential of these intriguing altcoins as they emerge in the crypto market. Keep a close eye on their performance and growth trajectory.<\/p>\n

Burn Kenny Coin<\/strong><\/h2>\n

Burn Kenny Coin, a top meme coin opportunity in 2023, sold out its $500,000 presale in under 48 hours.\u00a0<\/p>\n

With massive demand, its launch on Decentralized Exchanges (DEXs) on July 24 looks promising.<\/p>\n

$KENNY trading starts at 18:00 CET on Uniswap, with 30% of the supply locked for three months, ensuring legitimacy and security.<\/p>\n

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Inspired by South Park’s Kenny gag, Burn Kenny Coin is gaining attention in the meme coin market.<\/p>\n

Don’t miss out! Visit Burn Kenny Coin now.<\/p>\n

Buy Burn Kenny Coin\u00a0Here<\/strong><\/p>\n

Wall Street Memes<\/strong><\/h2>\n

Wall Street Memes, a well-known online community for individual investors, has achieved a significant milestone by successfully conducting the presale of its meme coin, $WSM.<\/p>\n

Within just a few weeks of its launch, the presale has raised an impressive amount of over $17 million, demonstrating an outstanding fundraising rate.<\/p>\n

During the presale phase, investors can acquire $WSM for $0.03222 per coin.<\/p>\n

As the presale progresses, the price will gradually increase to $0.0325, allowing investors to secure guaranteed gains on paper if they participate at this stage.<\/p>\n

Don’t miss out on the opportunity to take part in the $WSM presale and potentially reap the benefits of its promising growth. Take action now and purchase Wall Street Memes to be part of this exciting and potentially lucrative venture!<\/p>\n

Buy $WSM\u00a0Here<\/strong><\/p>\n

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<\/p><\/div>\n