Tron (TRX), Monero (XMR), and Kaspa (KAS) Encounter Key Resistance: A Critical Moment

Friday, 18 October 2024, 15:51

Tron (TRX), Monero (XMR), and Kaspa (KAS) are currently at critical resistance levels, raising expectations in the crypto market. Each coin is showing signs of potential growth as market momentum builds. Investors are keenly observing these developments as trading activity increases across platforms.
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Tron (TRX), Monero (XMR), and Kaspa (KAS) Encounter Key Resistance: A Critical Moment

Tron (TRX) Shows Signs of Steady Growth Amid Mild Bullish Momentum

TRON's price is currently between $0.1561 and $0.1664, demonstrating consistent progress over the past six months with a rise of about 43%. It approaches the first resistance level at $0.1704; breaking this could lead to the next target around $0.1807. The 10-day and 100-day simple moving averages are converging, hinting at potential stability.

Technical indicators like the RSI is at approximately 43 and the stochastic around 37, indicating room for upward movement. With a recent growth exceeding 6% over the past month, bulls are starting to exert influence. This setup highlights a favorable purchasing opportunity for TRON, accessible on ChangeNOW without registration or hidden fees.

Monero Gains Momentum as Bulls Target Key Resistance Levels

Monero's price is currently climbing, ranging between $143 and $154, with a more than 5% increase over the past week. Buyers are eyeing the next hurdle at the $160 resistance level. If breached, it may pave the way toward $172, offering substantial potential gains.

The Relative Strength Index is nearing 70, suggesting heightened buying interest. However, its price remains below the 10-day and 100-day moving averages, indicating substantial room for growth. This scenario appears advantageous for those looking to acquire Monero, easily obtainable on ChangeNOW with no registration or hidden fees.

Kaspa (KAS) Eyes Upward Move Amid Neutral Market Signals

Kaspa's price fluctuates between $0.1234 and $0.1448, hovering close to its 10-day moving average of $0.1265. Currently, the Relative Strength Index sits around 50, indicating neutral momentum. The nearest resistance hurdle stands at $0.1566, and breaking this could elevate the price to $0.1780, representing an approximate 22% increase.

Recent bearish trends suggest that selling pressure may be diminishing, allowing bulls to potentially push the price upward. This prospect seems promising for retail investors considering purchasing Kaspa, which can also be executed on ChangeNOW featuring no registration and hidden fees.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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