CandleFocus Avalanche vs. TRON: Market Cap Battle, AVAX Wins
2024-11-25
Author: Content Editor
Avalanche (AVAX) has surpassed TRON (TRX) in market capitalization, with AVAX experiencing a surge of 11.73% in the past 24 hours and TRX seeing a slight decline. AVAX's trading volume has also increased, indicating growing interest from buyers. The market capitalization of AVAX now stands at $19.12 billion, pushing it ahead of TRON and boosting its positive momentum. AVAX faces a resistance at $46.72, but breaking through could lead to further gains. However, AVAX may be overbought in the short term, potentially leading to a price correction. On the other hand, TRON has experienced a decrease in price and trading volume, reflecting weaker market activity. TRX's support levels to watch are $0.2100 and $0.2080, while resistance is at $0.2145. TRX appears to be consolidating, with a neutral market position and the possibility of short-term upward movement.
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