The post Will Ethereum, Toncoin, or Tron Lead the Bull Run After Trump’s Inauguration? appeared on BitcoinEthereumNews.com.

Major political shifts often impact financial markets, and the cryptocurrency sector is no exception. As new leadership in the United States assumes power and Donald Trump prepares for the inauguration, investors speculate on policy changes that could influence digital assets. Ethereum, Toncoin, and Tron have emerged as potential frontrunners poised to benefit from these developments. Their robust technologies and active communities make them strong candidates to lead the next market surge. According to ChangeNOW, the volume of transactions for these coins has grown, indicating increased investor interest. Ethereum Holds Steady Amid Market Fluctuations: A Bullish Outlook Ahead Ethereum’s price is fluctuating within the mid-three-thousands, currently ranging between $3399 and $3772. The Relative Strength Index is around 36, suggesting the asset is not overbought. With the nearest resistance level at $3910 and support at $3164, Ethereum shows potential for upward movement. Over the past six months, the price has increased by over eight percent, despite a sixteen percent decrease in the last month, indicating a possible market correction. Breaking through the resistance levels could propel Ethereum towards the low-four-thousands. Market indicators are drawing attention to Ethereum’s price movements. Platforms like ChangeNOW provide access to Ethereum without registration or hidden fees. >>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<< Toncoin Steady Near Support as Bulls Eye Higher Levels Toncoin is trading between $5.47 and $5.91. The nearest support level is $5.22, and resistance is at $6.09. Over the past month, the price has dropped by 22%, showing bearish influence. The Relative Strength Index is 40, suggesting the coin is not oversold. The 100-day simple moving average is $5.62, which the price is close to. If the price moves above the resistance, it could reach $6.53. This would be a notable increase from current levels. The current market conditions may…

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Filed under: News - @ January 9, 2025 6:25 pm