Monero Surges 47% in Three Years, Eyes 27% Gain to All-Time High TRON Holds $0.25 Support, Targets $0.30 Mark with Bullish Trend Mantix AI-Powered DEX Gains Traction with $10M-$30M Presale

Monero has recently reached new price highs, with its weekly chart showing a significant increase from its previous trading range of $127 to $187 over nearly three years. This upward movement indicates that Monero is entering the markup phase of the Wyckoff Theory, characterized by increased demand over supply. The cryptocurrency continues to trade above both the 50-week and 100-week Exponential Moving Averages, and its Relative Strength Index suggests it is highly overbought. Analysts predict that the bullish trend will persist as buyers aim for the all-time high of $517, representing a 27% increase from the current price. Once this resistance is reached, Monero is expected to enter the distribution phase of the Wyckoff Theory, leading to a potential price retracement.

TRON has also shown resilience, with its price successfully maintaining support at the $0.25 level and targeting the $0.30 mark. The formation of higher lows since early April, coupled with increasing volume, indicates a bullish trend. A breakout above the $0.27 price range has further confirmed this speculation. If TRON can convert the $0.30 price range into support, it could reclaim its highs for the year. Additionally, TRON's role in the majority of USDT circulation and progress with its ETF filing contribute to a positive outlook for its price movement.

Amidst the news surrounding Monero and TRON, a new altcoin, Mantix, is gaining attention for its rapid growth and innovative features. Mantix is an AI-powered decentralized exchange (DEX) that offers advanced trading strategies, real-time data analysis, and secure smart contracts. The project has allocated 55% of its 1.2 billion MTX tokens for a presale reserve, with a soft cap of $10 million and a hard cap of $30 million. This approach aims to establish a foundation for fast and intelligent DEX processes, fostering an autonomous trading ecosystem that evolves with its community. Analysts are optimistic about Mantix's potential, suggesting it could outpace the growth of established projects like Monero and TRON. The presale of Mantix tokens has generated significant interest, with experts anticipating a surge in bullish growth, particularly among early adopters.