10 hours ago
Ethereum price started a recovery wave above the $1,820 zone. ETH is now consolidating and facing hurdles near the $1,950 resistance. Ethereum started a recovery wave above the $1,820 level. The price is trading below $1,920 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $1,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $1,900 and $1,950 resistance levels to start a decent increase. Ethereum Price Faces Resistance Ethereum price formed a base above the $1,760 level and started a recovery wave, like Bitcoin . ETH was able to clear the $1,820 and $1,850 resistance levels. The bulls pushed the price above the $1,920 level. There was a move above the 23.6% Fib retracement level of the downward wave from the $2,150 swing high to the $1,752 low. However, the bears seem to be active near the $1,950 resistance zone. Ethereum price is now trading below $1,920 and the 100-hourly Simple Moving Average . On the upside, the price seems to be facing hurdles near the $1,900 level. There is also a short-term bearish trend line forming with resistance at $1,900 on the hourly chart of ETH/USD. The next key resistance is near the $1,950 level or the 50% Fib retracement level of the downward wave from the $2,150 swing high to the $1,752 low. The first major resistance is near the $1,990 level. A clear move above the $1,990 resistance might send the price toward the $2,050 resistance. An upside break above the $2,050 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,120 resistance zone or even $2,250 in the near term. Another Drop In ETH? If Ethereum fails to clear the $1,950 resistance, it could start another decline. Initial support on the downside is near the $1,845 level. The first major support sits near the $1,800 zone. A clear move below the $1,800 support might push the price toward the $1,750 support. Any more losses might send the price toward the $1,720 support level in the near term. The next key support sits at $1,650. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $1,800 Major Resistance Level – $1,920
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Solana Governance Vote Aftermath: Possible Implications Following Rejection of 80% Inflation Cut Proposal
Solana’s recent governance vote revealed deep divisions within the community, as stakeholders grapple with inflation concerns and staking rewards. The SIMD 228 proposal’s rejection underscores the complexities of managing inflation NewsBTC
Tron price prediction: Will TRX reach $1 in 2025?
TRON cryptocurrency is incredibly popular among gamers in the gaming industry, casual games, and online casinos. Just a few months ago, it soared to a new price peak but has since lost half of its value. What is the Tron price prediction for the short and long term? Table of Contents Tron coin price prediction: general outlook Tron price prediction 2025 Tron price prediction 2030 What is Tron? TRON is a first-layer blockchain based on the Delegated Proof-of-Stake consensus algorithm. The network allows developers to deploy smart contracts and decentralized applications within the Tron Virtual Machine environment. You might also like: Pros and Cons of Each Blockchain Consensus TRON’s native cryptocurrency, TRON ( TRX ), is used throughout the ecosystem in various ways, including staking under DPoS and rewarding block producers. In 2017 Chinese entrepreneur Justin Sun founded the non-profit organization TRON Foundation in Singapore. He conducted one of the largest ICOs in history, raising 15 000 bitcoins, and then issued 100 billion TRX ERC-20 tokens. Why ERC-20? Initially, TRX was a token on the Ethereum blockchain. However, in 2018, TRON fully transitioned to its own blockchain, and TRX became a native cryptocurrency. The ERC-20 TRX tokens were destroyed after being exchanged by their holders for the TRON network’s native token.What will the Tron crypto price prediction be for the near future and beyond? Is Tron a good investment? Tron coin price prediction: general outlook In early December 2024, the price of TRX reached a new all-time high of $0.4407 per coin, and TRON entered the top 10 cryptocurrencies by market capitalization. The surge in TRX’s price was sparked by several posts from Justin Sun, where he made bold claims — first saying that TRX is equivalent to XRP, and then claiming that TRX has outdone the US dollar. After this strong surge, the price of the coin gradually started to decline. As of March 13, 2025, it had lost nearly 50% of its all-time high reached three months ago, trading at around $0.225 with a market cap of over $21.35 billion, according to crypto.news . TRX 1-day price chart, March 2025 | Source: crypto.news What does the future hold for TRON? Will it reach $1 within this year? Let’s take a closer look at the Tron price prediction. Tron price prediction 2025 According to CoinCodex’s Tron price forecast, the token could experience a surge, with an expected increase of over 35%, potentially reaching $0.03 by April 11. The analytical site suggests that TRX could trade between $0.225 and $0.355 throughout the year. As of March 13, the overall Tron price prediction is negative, with 20 technical indicators signaling a bearish trend, while only 9 suggest bullish momentum. According to DigitalCoinPrice’s TRX price prediction for 2025, token’s value could break its ATM and range from $0.46 to $0.49 soon. Wallet Investor anticipates an average price of around $0.32 by the end of 2025, with a potential minimum of $0.292 and a peak of $0.348. Will Tron go up or down in 2030? You might also like: Tether, TRON, TRM Labs freeze $26m in crypto linked to criminal network across Europe Tron price prediction 2030 According to CoinCodex’s expectations, TRX is projected to trade between $0.417 and $0.616 by 2030. Wallet Investor predicts a slightly higher range, with TRX potentially trading between $0.516 and $0.931 in March 2030. Meanwhile, DigitalCoinPrice’s projections indicate a more significant leap in value, estimating the token could trade between $1.06 and $1.23 by the end of the decade. Should I invest in Tron? TRON is one of the largest blockchain platforms in terms of the amount of funds locked in smart contracts for decentralized applications. The project has been around for a while and can be considered reliable. However, the future of the cryptocurrency largely depends on the actions and decisions of its developers. Like any cryptocurrency, TRX is also subject to market fluctuations and other external factors. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. NewsBTC
