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December 4, 2024

Tron TRX Mirrors XRP’s Surge with 100 Percent Rally What Are the Next Targets

Tron (TRX) has caught the attention of cryptocurrency investors as it soared an astonishing 100 percent in a single day, hitting record highs. This explosive movement resembles other notable price booms, including that of XRP. However, traders should proceed with caution, as the market shows signs of overleveraging and an overbought RSI, indicating a potential price correction looming. Analysts suggest the possibility of a pullback in the range of 15 to 25 percent in the near term, urging investors to stay vigilant. As the token fluctuates around its new height, understanding the upcoming targets will be crucial for those looking to capitalize on this volatility.

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