TRON (TRX) has demonstrated remarkable resilience amid the broader cryptocurrency market downturn. Despite the significant sell-off impacting Bitcoin (BTC) and other cryptocurrencies, TRON (TRX) has managed to hold strong, showcasing a steady performance over the past week. This performance highlights the coin’s robust market presence and investor confidence. The overall upward momentum underscores its strength in these challenging times. Alongside TRON (TRX), there is one more project also holding strong, marking its presence felt in the casual gaming sector with promising early-stage offerings.
TRON (TRX) Poised for Significant Surge Amid Market Volatility
To expand on what has already been said in the intro: everyone is talking about TRON (TX) and its impressive display of resilience. The coin has defied the broader bearish trends plaguing the cryptocurrency market.
As of the latest data, TRON (TRX) is trading at $0.122, with a 24-hour trading volume of $601.07 million and a market capitalization of $11.25 billion. Notably, TRON (TRX) has increased by 2.15% in the last 48 hours alone, and nearly 6% over the past week.
Crypto analyst Jonathan Carter highlights a bullish technical pattern for TRON (TRX), observing a massive rounding bottom formation on the 2-week chart, indicating potential price reversal and upward momentum. He further notes a bullish pennant forming at the neckline, suggesting strong bullish sentiment.
Carter’s long-term outlook is optimistic, with predictions that TRON (TRX) could easily reach Fibonacci extension targets of 1.618 and 2.618 during the anticipated bull run. This bullish forecast is echoed by other analysts, who believe TRON (TRX) could see a surge between 40%-45%.
In June, TRON (TRX) witnessed a notable recovery, hitting a five-week high of $0.125. The number of active addresses on the TronDAO network has steadily increased, now approaching a daily average of 2.5 million, far surpassing other leading Layer 1 networks.
With sustained buying and a bullish crossover of the 20-day EMA with the 50-and-100-day EMAs, TRON (TRX) is poised to challenge the key resistance level at $0.127. If this resistance flips into support, TRON (TRX) could jump by over 12%, reaching the $0.143 mark.
Minotaurus – Different Kind of Bull Run Upcoming?
Now, alongside the heroics of TRON (TRX), there’s a promising newcomer. In case you want to leverage the potential of the ever-expanding casual gaming niche, you will be one of the first to hear that Minotaurus, a novel crypto project, is currently underway.
It aims to bring back the thrill and fun of playing running games, but with a twist. Use the $MTAUR token for customization, mini-games, speed boosts, special zone unlocks, and other cool features. The team is aiming to make their game a one-of-a-kind, and by the looks of the teasers and early builds, they will deliver.
That is why it is pivotal that you get this information at the earliest possible moment: there’s currently an 80% price reduction on the Minotaurus token. This means you can get them at $0.00004 per token, not at $0.00020 (listing price). The upside is rather obvious, as the token is currently at its lowest possible point at this time.
No More Waiting – Time for Action
It can’t get much better than that. So, what are you waiting for? Make your way to the official site and buy the tokens while you still can. The supply is limited, and if you want to get yours at the current price, you need to act now.
The team behind Minotaurus are dedicated to providing an innovative and exciting gaming experience to the users, and they do their best to reach that goal. Join now to witness the project making its progress within the ever-growing casual gaming industry.
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Conclusion
TRON (TRX) has showcased remarkable resilience in the face of a broader cryptocurrency market downturn, maintaining strong performance and investor confidence. With a current trading value of $0.122, and a notable 6% increase over the past week, TRON (TRX) stands out as a robust market presence.
Meanwhile, Minotaurus (MTAUR) presents a promising opportunity in the gaming sector, currently in its presale phase with significant early-bird advantages. With an entry price of $0.00004 per coin and an 80% discount during the presale stage 1, early adopters can benefit from the project’s success potential. Minotaurus offers a compelling mix of in-game utility, strong support, and a strong monetization strategy, positioning it well.
Learn more about Minotaurus:
- Website: http://minotaurus.io/
- Announcements: https://t.me/minotaurus_official
- Chat: https://t.me/minotaurus_chat
- Twitter: https://twitter.com/minotaurus_io
