President’s Crypto Reserve Disappoints The Crypto Community – Check Out The Cryptos Poised To Rise Instead

The recent unveiling of the President's Crypto Reserve left the crypto world frustrated and yearning for better options. As Trump teased on Sunday, altcoins like Solana, XRP, and Cardano were eyed for the reserve. With that prospect off the table and cryptocurrencies selling off after the announcement, several promising digital coins now hint at substantial growth. Dive in to see which cryptos are poised to capture the market's attention.

TRON Price Action: Recent Gains and Key Market Levels

TRON showed a nearly 12% price rise over one month and an impressive gain topping 60% over six months. Price performance reflected stronger investor interest and growing momentum. The coin maintained steady upward movement with increasing volume, demonstrating clear growth without abrupt reversals.

Current trading sits between $0.20 and $0.26, with immediate resistance at $0.29 and support near $0.17. Bulls appear active behind the solid support while resistance challenges are keeping bears in check. The market lacks a distinct trend yet offers trading ideas such as buying near support to target the $0.29 level, with caution advised if prices reach the second resistance around $0.35.

MANTRA Price Analysis: Strong Long-Term Surge Amid Short-Term Volatility

The past month showed a 14.91% increase and a substantial 654.65% surge over the last six months. A recent drop of 11.76% in one week indicates some weakness. Price movements have been uneven, with long-term gains overshadowing short-term fluctuations. The overall strength remains significant, but current volatility suggests caution among traders.

The price currently ranges between $4.90 and $9.68. The nearest resistance is at $11.81, while immediate support sits at $2.26. Bulls may take control if prices break above $11.81, though some negative momentum allows bears to maintain influence. With no clear trend present, trading strategies should focus on buying near support and monitoring for upward movement towards resistance.

Pi Network Retreat Faces Strong Resistance Amid Bearish Trends

Price activity indicates a steep decline, with nearly a 95% drop in one month and a 94% decrease over six months. A further 15% loss has occurred in the last week, highlighting a coin that has consistently trended downward and faced significant pressure throughout its historical performance.

The coin is currently trading at a low price level, facing strong resistance at $266.97, with another hurdle at $466.37. Bears dominate the market, evidenced by a weak momentum at -1.00, an Awesome Oscillator reading of -32.30, and an RSI around 35.86. Traders may look to short-sell within these resistance levels while keeping an eye out for potential support below these markers.

Conclusion

The President's crypto reserve has left many in the crypto community feeling deflated. However, some cryptos are showing promise. TRX continues to develop strong use cases and partnerships. OM is gaining traction with its focus on social trading. PI is rapidly building a dedicated user base. All these cryptos are worth watching for potential growth.

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.