The founder of TRON, Justin Sun, compared the future of TRX to the market performance of XRP, leading to speculation among crypto investors. Supporters see this as a positive long-term prediction, while skeptics believe it may be an attempt to boost TRX's visibility. XRP has seen a surge in price recently due to legal victories and increased adoption in cross-border payments. TRX has also shown steady growth but lacks the buying conviction for sustained rallies. Technical analysis suggests that TRX may mirror XRP's growth trajectory and potentially reach its all-time high of $0.30. However, caution is advised as short-term pullbacks or profit-taking could occur. A close above $0.217 is crucial for TRX to reach $0.225, while a breakdown below $0.201 could invalidate the uptrend setup.
- Content Editor ( coinedition.com )
- 2024-12-03
Justin Sun Calls TRX the Next XRP—Can TRON Match XRP’s Growth?