• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Prices of Tron (TRX) & BinanceCoin (BNB) Just Hit A New ATH—Which Coin is Next?
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Price Analysis > Prices of Tron (TRX) & BinanceCoin (BNB) Just Hit A New ATH—Which Coin is Next?
Price Analysis

Prices of Tron (TRX) & BinanceCoin (BNB) Just Hit A New ATH—Which Coin is Next?

vitalclick
Last updated: December 5, 2024 12:00 am
3 months ago
Share
SHARE

Contents
BinanceCoin (BNB) Clears Path to $1000Tron (TRX) Price Eyes to Reach $1

The Bitcoin price continues to juggle around the narrow range, paving the way for the other altcoins to grow. While the large-cap tokens are gaining more attention, the tokens within the top 10 have been performing exceptionally in the past few days. BinanceCoin (BNB), which usually scales up without making any noise, has just smashed new highs at $773.26, while Tron (TRX) demonstrated a monstrous rally of over 100% jump to surpass the 6-year-old high to reach $0.44. 

Now that the tokens have entered the discovery phase, the next course of action could be extremely bullish. 

BinanceCoin (BNB) Clears Path to $1000

The BNB Price has launched a massive bullish attack and is on the verge of demonstrating a 2021-like move soon. The technicals are mirroring the bull run pattern, suggesting the price could be due for a 100% rally to reach $1000 in a short while. However, the bearish activity is expected to rise, which could slow down the pace, but the bulls appear to be self-assured of pushing the price towards a 4-digit level. 

The BNB price broke above the final resistance wall around $700 and marked a 20% rise to reach new highs. However, the rally does not appear to stop here, as the technicals suggest the price has just started to rise. The MACD shows the rise in the buying pressure while remaining within the positive range. Besides, the RSI is about to enter the overbought zone, which could trigger a 100% move to reach a 4-digit figure in the first few weeks of 2025. 

Tron (TRX) Price Eyes to Reach $1

The Tron price surged gigantically by over 100% in just a few hours,  pushing it towards a new ATH at $0.44. The prime reason is an increase in liquidity with a surge in Tether minting new USDT across Ethereum & Tron networks. As a result, the token’s trading volume surged over 500%, making it the 4th largest traded asset for the day after USDT, BTC, and ETH & XRP. 

The bulls appear to have gained huge strength, but the current trade setup suggests there could be some scope for a pullback. The price is testing the upper resistance of the rising wedge and if it breaks out, the price will surge to $0.7 and face a retracement to $0.5 followed by a rebound to $1. However, the monthly RSI has reached above 91, suggesting a relaxation phase may soon begin. This could keep the price consolidated within the wedge until it reaches the apex and later breakout beyond $1. 

You Might Also Like

Will Litecoin Price Hit $100 as ETF Hopes and Bitcoin Surge Fuels Momentum?

CVX Price Eyes Double Bottom For A Breakout Run!

Altcoins are Breaking Out Amid Growing Bearish Activity- Will TAO & ENA Price Record a Bullish Quarterly Close?

Did Bears Regain the Momentum or Is It an Opportunity to Stack More?

Top DeFi Tokens To Buy In This Crypto Market Bull Run!

TAGGED:Price Analysis
Share This Article
Facebook Twitter Email Print
Previous Article HYPE Sees Massive Surge Over 200% Since Launch, Hits $12B FDV
Next Article CryptoQuant CEO Explains Why Altcoin Bull Will Be Different This Time
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?