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Cryptocurrency News Articles
TRON (TRX) and Kaspa (KAS) Make Waves in the Crypto World, While BlockDAG Takes Center Stage
Sep 20, 2024 at 09:56 am
TRON (TRX) is in a retracement phase, and traders are closely watching for signs of a rebound. Meanwhile, Kaspa (KAS) holders are hoping for a price recovery
Cryptocurrency prices continued to fluctuate on Monday evening, as traders kept a close eye on key resistance and support levels for TRON (TRX) and Kaspa (KAS). Meanwhile, BlockDAG users learned a simple strategy to boost their mining earnings by 10x. Here's a closer look at these updates.
TRON’s (TRX) price remained within a crucial range on Monday evening, following a recent pullback from resistance at $0.17. As TRX slid lower, traders watched for support at $0.144 and $0.1395, which could influence the next directional move.
After hitting resistance at $0.17 earlier this year, TRX began a pullback, dropping to $0.15. From there, the coin encountered support at $0.144 and slid once more, reaching a low of $0.1395 before bouncing off again. Now, as TRX trades at $0.1508, these levels could once again impact its price movement.
If TRX manages to hold above these support levels and reverse its bearish trend, it might attempt to climb back up to $0.17. However, if the selling pressure increases and TRX breaches these crucial support zones, we could see it drop further. In that case, the next key support levels to watch for TRX are at $0.12 and $0.10.
Overall, while TRX showed signs of bearishness on Monday evening, some analysts remained cautiously optimistic about the coin's future price performance. As TRX continued to trade within this range, traders could expect to see further price movements and potential opportunities in the coming days.
TRON (TRX) Price Analysis & Prediction: TRX Price Bounces Off Support, Now What?
Kaspa (KAS) Price Analysis & Prediction: Is Kaspa (KAS) Finally Hitting Its Lowest Point?
BlockDAG users discovered an easy way to multiply their earnings by 10x during a recent 60-minute AMA, where CEO Antony Turner explained BlockDAG mining in detail. As Turner answered community questions, he revealed a strategy to boost mining results using the X1 miner app.
Pairing the X10 miner with the X1 miner app increased daily mining profits from 20 BDAG coins to 200 BDAG coins. This combination, known as X10, delivered a significant boost in mining earnings.
This exciting update sparked enthusiasm among BlockDAG users, who were keen on adopting this strategy to maximize their mining profits. As the project continued its presale, raising $73 million and selling over 12.9 billion BDAG coins, the coin’s price surged from $0.001 to $0.0178, marking a 1680% increase.
With BlockDAG aiming to reach $600 million in presale sales, now was an ideal time for new buyers to get involved as the project gained more traction. Additionally, market observers predicted a 30,000x ROI for those who bought early and held onto the coin in the long run.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Sep 20, 2024 at 04:25 pm
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- Solana (SOL) Price Predictions: Analysts Project $500 and Even $1,000 Targets
- Sep 20, 2024 at 04:25 pm
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- Terraform Labs Receives Court Approval to Wind Down Operations in Bankruptcy
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