Comparing relative performance between Tron, Cosmos and Waves shows that Tron is the least bad performer. TRX’s 90-day performance is -16.53% while Waves comes in at a close second with -20.68% performance, while Cosmos aka Atom is at -53.82%.
Once in the top 10 ranks, Tron is now the 15th largest crypto with $737 million market cap and $948 million in 24-hour trading volume. The coin has managed to climb from $0.00846 to $0.0111.
Due to the recent surge in BTC and TRX’s correlation with it has caused the price and the RSI to trend higher. If this continues, the next resistance for TRX is at $0.0123.
Cosmos is looking bullish as the MACD indicator is teasing a bullish crossover soon. Additionally, the price has formed a symmetrical triangle and is very close to a breakout point. If it is a bullish breakout, the price target is $2.2, else, $1.63.
Waves’ charts pointed to a slightly brighter future, with a bounce in the RSI and the price. The bounce in RSI came around the oversold zone. If this continues, the coin could surge higher, but still, stay under $1. Since the volume had decreased over time, there could be a chance for a breakout too.
As seen above, the token was trading at $0.79, at the time of writing, with a market cap of $83 million and a 24-hour trading volume of $46 million.