Tron [TRX] recently hit a new ATH after a strong rally. Will it sustain momentum, or is a correction likely?

Tron (TRX) has become a prominent player in the world of decentralized finance (DeFi) and blockchain technology. Currently priced at $0.28, Tron has seen substantial growth over the years, but what lies ahead for this popular crypto token.

The cryptocurrency industry is on the cusp of yet another bull phase, and this time, investors are looking for reasonable avenues to turn their small stake into multi-million-dollar money. Although multiple coins excel in compatibility, Rexas Finance (RXS), Toncoin, Ripple (XRP), and Tron (TRX) always reign supreme owing to their specific use cases and ability

Unlimit is collaborating with Tron to facilitate mainstream access to crypto platforms by leveraging low gas fees.

The cryptocurrency market is facing a downturn as Bitcoin recently dipped below $100,000, dropping from a high of $101,000 to $96,880.

From TRX and tether-on-Tron to wBTC and one expensive banana, Sun was never far from the headlines this year.

“Historically, these dips have been followed by swift recoveries as fresh capital flows back into oversold assets," a CoinSwitch analyst told Decrypt.

Story Highlights The live price of the Tron coin is Tron crypto could reach a maximum of $0.44 by 2024. TRX coin price could go as high as $3.55 by 2030. As the 10th biggest cryptocurrency in terms of market capitalization, the TRX price shows a persistent upward journey amidst the highly volatile.

Bitcoin (BTC) continues to correct below its $100,000 milestone. As of Dec. 19, the top cryptocurrency was down approximately 7.50% from its record high of $103,620 (data from Bitstamp), trading for around $95,950.

A swathe of older altcoins colloquially known as “dino coins” have rallied while many of the newer tokens have stalled; analysts explain some of the reasons why.

Story Highlights The Tron price recorded a new ATH of $0.4407 this month. However, the price has plunged over 33% since its all-time high. The technical indicators display increased bearish sentiment, highlighting a negative outlook.

Ethereum's Total Value Locked (TVL) has surged by an impressive $7.79 billion over the past week, marking it as the blockchain with the highest growth in TVL during this period. This significant development coincides with the temporary rise of the ETH price to $4,000, indicating renewed investor confidence in the cryptocurrency.

AMBCrypto attempted to gauge the expected price performances of these altcoins over the next 6-12 months.

The TRON (TRX) dip earlier in the week has been the talk in most parts of the crypto market. TRX's price has entered uncertain zones, and analysts hint at prolonged recovery.

Tether minted $2B USDT in the last four days, contributing to a total of $19B since November 6. Bitcoin surpassed $100K twice, signaling a strong crypto market rally.

The crypto world is like a rollercoaster ride, filled with twists, turns, and unpredictable thrills. Right now, the industry is buzzing with discussions about the best long-term crypto investments for December 2024.

XRP, Hedera, and Tron Led the Crypto Bull Market This Week

TRON (TRX) price quickly rose to a high of $0.45 before pulling back.

Ripple (XRP) and TRON (TRX) posted over 50% weekly gains and the two altcoins could continue their climb in the altcoin season. As Bitcoin (BTC) slips under the $100,000 level, it dragged altcoins down with a market-wide correction on Friday.

Tron (TRX) has been making waves in the cryptocurrency market, experiencing an explosive 70.22% surge in just 24 hours, reaching an all-time high (ATH) of $0.45. As of now, TRX is trading at $0.3868, but the coin's market cap has reached an impressive $33.28 billion, setting new records for the altcoin.

Tron (TRX) recently reclaimed a top-10 crypto ranking after soaring to a new ATH.

The price of TRON's TRX token has exploded upward this year, surging more than 220% to a new all-time high close to the $0.42 mark before enduring a slight correction that brought it back to the $0.33 level at the time of writing.

“Tron saw enormous buying on the same day, rallying from a low of 200 KRW to a high of 650 KRW, indicating some aggressive switching," the analyst said.

Tron (TRX) price has hit a new all-time high above $0.4 following skyrocketing demand. These inflows in the last 72 hours follow a wider bullish turnaround in the market as coins shake off losses recorded at the start of the week.

The altcoin season index (ASI) has jumped to 82, pointing to a more favorable outlook for cryptocurrencies, aka altcoins in the next few weeks. Crypto markets often do well when the ASI and the crypto fear and greed are rising.

Tron (TRX) has experienced a massive 929% surge in whale activity, even as the broader altcoin market faces a significant sell-off. This spike in large transactions, defined as those exceeding $100,000, highlights significant TRX whale activity despite the current market downturn.

Tron (TRX) joined the crypto market's rally by jumping over 100% in 24 hours to a new all-time high (ATH). Its surge ignited a bullish sentiment among crypto investors and market watchers, fueling optimism for higher targets.

Tron has surged over the past day, reaching an all-time in market cap as TRX also reaches an ATH of $0.45.

TRON's TRX token has soared by an impressive 85%, reaching an all-time high of $0.43, according to CoinGecko data. This sharp increase has catapulted TRX's market capitalization from $19 billion to an astounding $36.7 billion in just 24 hours, marking a remarkable turnaround for the cryptocurrency.

Whale Activity Surge Highlights TRONs Market Momentum This week, there has been a significant increase in whale activity in the TRON (TRX) market, marked by a sharp rise in price and trading volume. The number of large transactions (over $100,000) jumped from 244 to 722 in just 24 hours from December 2 to December 3.

While Ripple-linked XRP has clearly led the market rally over the past month, Tron's TRX is also stealing the spotlight. In the past 24 hours, TRX has spiked by over 70% to set a new record high above $0.4313, pushing it closer to the top 10 crypto assets by ranking, CoinGecko data shows.

Tron's TRX token has captured headlines with its remarkable rally, climbing 85% within a single day to break its previous all-time high of $0.23 and reaching a peak of $0.43, according to CoinGecko data.

BItcoin expected to trade sideways as the market remains in altcoin season.

Justin Sun, the CEO of Tron (TRX), has outlined new strategies to align the project with shifting U.S. regulatory policies. In his recent comments on X, Sun emphasized Tron's commitment to balancing its vision of decentralization with the evolving stance of the upcoming administration on cryptocurrency regulation.

The TRX coin price formed a big God candle, reaching its all-time high of $0.4485, after Justin Sun compared it with Ripple's XRP.

Tron (TRX) has made headlines once again as it reached a new all-time high (ATH) of $0.2349. This milestone comes as a result of heightened trading activity and an optimistic outlook in the cryptocurrency community.

Ripple Labs has intensified testing its stablecoin, RLUSD, as it aims to expand its role in the growing stablecoin ecosystem. Recent transactions revealed the minting of nearly 10 million RLUSD tokens on the XRPL.

Justin Sun, Tron's (TRX) founder and BitTorrent owner, has hinted at a potential RLUSD release on Tron (TRX). Meanwhile, the community is expecting the asset to go live today, Dec. 4, 2024, following highly anticipated New York regulator approval.

Tron (CRYPTO: TRX) is riding a wave of altcoin optimism, with traders forecasting additional upside based on historical bull-market patterns. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Tron (CRYPTO: TRX) $0.3751 $32.4 billion +60% +86.9% Ethereum (CRYPTO: ETH) $3,705.58 $446.2 billion +3.5% +6.4% XRP (CRYPTO: XRP) $2.56 $145.9 billion -2.6% +79.3% Trader Notes: Crypto trader Javon Marks highlighted Tron's bullish momentum, suggesting it could surge another 369% based on logarithmic price movement analysis, potentially reaching $1.11—a historic high for the asset.

Justin Sun, Tron (TRX) founder, has dropped a bold statement that signals the future direction of the asset. In a post on X, Sun noted that Tron will reposition with the incoming new administration in the U.S. amid an anticipated shift in the regulatory landscape.

Story Highlights The TRX price records a new ATH after 7 years. Tron's price jumps over 100% in 24 hours with a trading volume of $14.603 billion. Sustained bullish sentiment could push the price beyond the $0.5 mark.

The crypto market has witnessed a remarkable event recently, as TRON (TRX) reached a new all-time high, doubling its price within a few hours. This spectacular rise propelled TRX to a record price of $0.44, marking an 85% increase in a single day.

Tron (TRX) has surged by 66% in the past 24 hours, reaching $0.44 before retracing slightly to $0.39. This impressive rally places TRX as one of the top-performing altcoins in the market, drawing comparisons to Ripple (XRP), which recently saw a massive 300% price increase.

Tron (TRX) is currently setting the crypto market abuzz, skyrocketing as much as 80% in the last 24 hours to achieve a new all-time high (ATH). This would be the first time TRON has set a new ATH in the last seven years.

TL;DR TRON's TRX surged 65% in a single day, breaking its all-time high and boosting its market cap, with the price peaking at $0.44 due to increased liquidity and trading activity.

Tron "god candle" appears as TRX price soars 70% in 24 hours to hit a new all-time high of $0.45 and re-enter the top 10 cryptocurrencies.

With the altcoin season underway, most of the top crypto tokens other than Bitcoin are noting gains. Two of the top 15 cryptocurrencies even made it to new all-time highs (ATHs) today amid strong bullish momentum.