Urgent TRON Alert: Why Smart Money Is Betting on 400% TRX Surge

18 hours ago 10

You are here: Home / News / Altcoin News / Urgent TRON Alert: Why Smart Money Is Betting on 400% TRX Surge

TRON

January 9, 2025 by

  • TRON’s ascending channel pattern hints a potential 400% gains, with price targets between $1.65 to $2.20 during this bull cycle.
  • Network strength confirmed by $23.4B TVL and growth of 2.6M daily active users, adding 174K new accounts daily.
  • TRX revenue hits $304.54M, demonstrating real value creation and setting it apart from speculative cryptocurrency tokens.

TRON’s native token TRX is poised for a massive breakout that could reward early investors with up to 400% returns. Based on its technical setup, TRX forms a promising ascending channel pattern on long-term charts. This indicates that smart money is quietly accumulating as the token shows multiple bullish indicators.

Savvy traders are keenly watching TRX’s technical formation which clearly shows a ascending channel after testing its middle resistance line during December’s rally. This pattern has historically precdeded significant price movements. Technical projections place TRX’s next major target at the price range of $1.65 to $2.20, a whopping 250-400% gains from current levels.

What makes TRON particularly attractive for investors is its combination of bullish technical setup and robust fundamentals. According to TRONSCAN data, the network has locked in an impressive $23.4 billion in Total Value Locked (TVL), signaling strong investor confidence. This massive TVL provides a solid floor for price action and reduces downside risk for investors looking to enter positions.

TRONUrgent TRON Alert: Why Smart Money Is Betting on 400% TRX Surge 3

The platform continues to demonstrate remarkable user engagement. It has consistently maintained 2.6 million daily active accounts, with an average of 174,000 new accounts joining daily. This expanding user base historically correlates with price appreciation in blockchain protocols.

TRON’s Revenue Generation: A Testament to Real-World Value

For traders seeking both upside potential and fundamental strength, TRON’s protocol revenue has hit $304.54 million, demonstrating real-world value creation. This revenue generation capability positions TRX apart from purely speculative tokens.

Early investors can maximize gains with a smart investment strategy. This includes setting take-profit targets at $1.65 and $2.20, aligning with the channel’s upper boundary. One should also keep a close eye on increased volume to confirm breakout momentum. Thirdly, watch out for daily active users. A sustained growth above 3 million could trigger price movement.

Overall, the next few months could be crucial for TRX holders as the token approaches its technical breakout point. With the broader crypto market sentiment turning bullish, TRON appears perfectly positioned to capture significant market share and reward early investors with potentially life-changing returns.

Read Entire Article