The recent US elections led to volatility in financial markets, and the crypto world was no exception. With the rise in interest in alternative assets and digital currencies, the altcoin market has also seen an upswing, with its market capitalization exceeding $1 trillion. As investors look to diversify and hedge against traditional market uncertainties, cryptocurrencies like Tron (TRX) and Kaspa (KAS) are gaining attention due to their rapid price growth and unique blockchain features.
According to ChangeNOW, the number of transactions with these coins is experiencing significant growth, indicating investors are accumulating these cryptocurrencies for future growth prospects. TRON (TRX) has been holding steady between $0.16 and $0.17, with support at $0.16 and resistance at $0.17.
Over the past six months, TRX has gained more than 25%, displaying upward momentum. The Relative Strength Index (RSI) is around 41, suggesting the token is neither overbought nor oversold. If TRX breaks through the $0.17 resistance, it could reach $0.18 as the next target. With its availability on the ChangeNOW platform, TRON presents a good opportunity for investors to explore.
