XMR Eyes $352 After Hitting Bullish Value Zone, TRX Bulls Target $0.73 on Whale & IPO Buzz, NEAR Sets Sights on $5+ in 2025 Rally

Monero aims for a fresh milestone, Tron investors buzz with excitement, and NEAR Protocol stirs interest as market conditions hint at potential growth. In this piece, discover which digital currencies are catching the eye of traders and analysts, along with their ambitious price targets for the near future. Dive deeper to uncover the trends shaping crypto predictions.

Monero's Recent Price Shifts and Trading Opportunities

Over the last month, Monero experienced a drop of around 17%, indicating short-term weakness. In contrast, the past six months saw a strong recovery with gains of approximately 56%. This volatility highlights a market sensitive to immediate pressures while showcasing a significant rebound over a longer period. Price fluctuations kept traders attentive, emphasizing the importance of monitoring changes in both short- and long-term trends.

The current price is trading between $253 and $409, with nearby resistance at $494 and a more distant level around $650. Support rests at $181, with a deeper level near $24.37. Technical signals lean bearish, as the RSI is just under 50, with the Awesome Oscillator and momentum indicator suggesting a downtrend. Bulls may seek a reversal near $181 support, while bears might push lower if selling intensifies. Traders could consider buying near support and taking profits at resistance, maintaining tight risk management in this mixed market.

Uptrend Hints Amid a Range-Bound Environment for TRON

TRON experienced a modest decline of about 2.203% last month but showed a gradual improvement of roughly 5.209% over the past six months. Price action remained confined within a narrow band, reflecting uncertainty among traders during this period. Oscillators and momentum indicators suggested a cautious market environment with slight bearish pressure. Historical moves display limited volatility, indicating that market participants are waiting for clearer signals before committing to larger positions.

The current trading setup places TRON between a range of $0.2448 and $0.2843. Nearest support stands around $0.2242, which could be tested if selling pressure intensifies, while secondary support near $0.1848 offers additional safety. Resistance levels are at $0.3031 and $0.3425 if bulls gain control. Indicators, including an RSI close to 49 and minimal momentum movement, suggest a market lacking a clear trend, with buyers and sellers in equilibrium. Traders might consider range-bound strategies, monitoring support for accumulation opportunities and resistance for potential sell-offs.

NEAR Protocol: Price Decline Sets Stage for Potential Rebound

A 26.28% drop within one month and a 61.17% decline over six months have marked NEAR’s journey. Price swings have oscillated within a challenging environment that saw repeated tests of support levels and breaks of earlier highs. Volatility and persistent downward pressure have characterized these periods. The coin’s performance highlights a market overwhelmed by selling and downward momentum. Price action has been contained within a narrow range as bearish sentiment prevailed, with resistance hurdles consistently proving too high for buyers to overcome.

Current trading sees NEAR Protocol moving between a range of roughly $1.97 and $3.14, with immediate support positioned near $1.51 and a deeper cushion around $0.344. Resistance emerges at about $3.85 and near $5.02. Momentum indicators show a modest bearish bias with an Awesome Oscillator at -0.268 and an RSI reading of about 41.22, hinting at oversold conditions but not extreme. The price lacks a clear trend, allowing for strategic trades. Sellers dominate at key resistance levels, while cautious buyers might find opportunities near support, with potential trades near $1.51 and a watch for a breakout above $3.85.

Conclusion

XMR is showing promise with a potential move toward $352. The bullish trend is evident. TRX targets $0.73, driven by large investors and IPO excitement. NEAR looks forward to surpassing $5 in 2025 as interest grows. These projections reflect positive market sentiment for XMR, TRX, and NEAR.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.