menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Tron Futur...
source image

Coindoo

3d

read

131

img
dot

Image Credit: Coindoo

Tron Futures Show No Retail Frenzy, More Upside Likely

  • Analyst insights suggest that Tron (TRX) may still have bullish momentum left according to data from CryptoQuant.
  • Retail Futures Activity, as measured by Trading Frequency Surge, is not showing signs of overheating as retail traders are not flooding the market.
  • Unlike in December 2024 when TRX hit a peak driven by retail speculation, the current $0.27 price is not fueled by overexuberant retail traders, with daily futures volume at $100,000.
  • The absence of retail frenzy in Tron derivatives is seen as a bullish indicator, suggesting a healthier uptrend based on fundamentals, with potential for more upside if macro conditions stabilize.

Read Full Article

like

7 Likes

For uninterrupted reading, download the app